USANCWilmingtonLove GroveAandb-1308 Corbett St
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A&B-1308 Corbett St, Wilmington, NC

House

For Sale

Listed price in listed location currency (USD).
$725,000

840

MLS® 100545578

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 87
Lot Size 
Approx. Age 2023
MLS® Number 100545578

Property Address: aandb-1308 Corbett St, Wilmington, NC, 28401-3214

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 unit duplex package can be broken up or sold in smaller or one big package. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1, 548 Sqft per unit for a total of 24, 768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. Each tenant has been handpicked by the owner with long history and track records. Every lease is government backed and guaranteed though Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month is about 40k a month or 480k a year! This opportunity gives you the chance to own 8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with a even better return. Easy to manage, fully occupied and like new! Reach out for a private tour or for more information
MLS® Number100545578
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2023
BasementNone
DrivewayConcrete, Off Street, On Site, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 29, 2026List Date
$725,000List Price
  • Commute

Commute

Starting Address
Destination Address
1308 Corbett St, Wilmington, NC

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