1308 Corbett Street #A&B, Wilmington, NC 28401
Local realty services provided by:ERA Strother Real Estate
1308 Corbett Street #A&B,Wilmington, NC 28401
$725,000
- 8 Beds
- 4 Baths
- 3,096 sq. ft.
- Multi-family
- Active
Listed by: the domenico grillo real estate team
Office: keller williams innovate-wilmington
MLS#:100545578
Source:NC_CCAR
Price summary
- Price:$725,000
- Price per sq. ft.:$234.17
About this home
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
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Home facts
- Year built:2023
- Listing ID #:100545578
- Added:58 day(s) ago
- Updated:February 11, 2026 at 11:22 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,096 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump, Heating
Structure and exterior
- Roof:Architectural Shingle
- Year built:2023
- Building area:3,096 sq. ft.
- Lot area:0.12 Acres
Schools
- High school:New Hanover
- Middle school:Williston
- Elementary school:Snipes
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$725,000
- Price per sq. ft.:$234.17
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