407 Red Cross Street

Wilmington, NC 28401
Beds
6
$695,000
This four-unit income-producing property is ideally located in the Historic Mixed-Use District of downtown Wilmington, just blocks from the Riverwalk and within close proximity to shopping, dining, entertainment, and local businesses. The fully leased building features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, providingRead MoreRead Less
Courtesy of Jeffrey G Hovis, Intracoastal Realty Corp
Listing Snapshot
Days Online
5
Last Updated
Property Type
Quadruplex
Beds
6
Lot Size
0.12 Acres
Year Built
1920
MLS Number
100563459
30 Days Snapshot Of 28401
$428k
+11%
(avg) sold price
33
+3%
homes sold
97
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: "City Street", "State Road", "Paved", Road surface type: "Paved"
Accessibility Features
Features: "None"
Appliances & Equipment
"Electric Oven", "Refrigerator"
Basement
"None"
Building
Built in 1920, Construction materials: "Wood Siding", "Wood Frame", Levels: "Two", Structure type: "Wood Frame", Toal building area: 3301
Cooling
"Central Air"
Expenses
Operating: $10,935
Exterior Features
"None"
Fence
"Partial", "Wood"
Floors
"LVT/LVP", "Tile", "Wood"
Water Features
"None"
Heating
"Electric", "Forced Air"
Home Owner's Association
Association amenities: "None"
Income
Gross income: $50,995
Interior Features
Furnished: Unfurnished, "None"
Laundry
"Dryer Hookup", "Washer Hookup"
Lot
0.12 acres, 5,227 sqft
Parking
"On Street"
Property
Frontage type: "See Remarks", Patio and porch features: "Porch", "Rear Porch", Zoning: HD-MU, "See Remarks"
Roof
"Shingle"
Taxes
Year: 2025
Utilities
"Electricity Connected", "Sewer Connected", "Water Connected"
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of . All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Intracoastal Realty Corp shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.