620 S 13th Street, Wilmington, NC 28401 (MLS # 100579951)
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Part of 5-property income portfolio in downtown Wilmington -- offered as a single transaction. or as a stand alone. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is
| DAYS ON MARKET | 2 | LAST UPDATED | 6/8/2026 |
|---|---|---|---|
| TRACT | Dawson-Castle Street | YEAR BUILT | 1938 |
| COUNTY | New Hanover | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Forest Hills |
|---|---|
| Jr. High School | Williston |
| High School | Hoggard |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Oven, Electric Water Heater, Refrigerator |
| BASEMENT | Crawl Space, None |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Electric, Forced Air, Heat Pump |
| INTERIOR | Ceiling Fan(s), Master Downstairs |
| LOT | 3049 sq ft |
| LOT DIMENSIONS | 33 x 99 |
| PARKING | On Street, Other |
| STORIES | 1 |
| SUBDIVISION | Dawson-Castle Street |
| TAXES | 1345.91 |
| UTILITIES | Sewer Connected, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | See Remarks |
| WATER | Public |
| WATERFRONT DESCRIPTION | See Remarks |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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