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905 Rankin Street $1,900,000

MLS#: 100362292
Address: 905 Rankin Street
City / Zip: Wilmington, NC 28401
Type: Multifamily / Duplex


Lot Size





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VERY RARE LEGALIZED Boarding houses setup. Package consist of 2 Single family -and 2 duplexes for a total of 6 units - 25 total rooms - Address are 718 Church, 720 Church, 905 Rankin A&B, 708 Campbell Street A&B Brings in over 16k a month - Very rare opportunity with letters from the city permitting 'Rooming houses'' which holds tremendous value! There is a huge wait list for tenants wanting to get in along with companies such as trillium and sec 8. Could also be a half way house play, senior living etc which usually rents even higher per room. Roofs are all under 6 years old. Hvacs are all under warranty and the properties have new floors and paint over past couple of years. Windows have been upgraded. With proof of funds can provide all financials.

This listing is provided courtesy by The Domenico Grillo Real Estate Team, Keller Williams Realty


Map may not be 100% accurate.


    Property Amenities

    • Interior Features

      • None
    • Cooling

      • See Remarks
    • Heating

      • Other-See Remarks
      • Electric
    • Roof

      • Shingle
    • Exterior Features

      • None
      • See Remarks
    • Parking

      • Paved

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