Photo Gallery
$399,000
1
Beds
1
Baths
585
Sqft
106 N Water Street unit: 907, Wilmington, North Carolina, 28401
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MLS# 100533151
TOP-FLOOR, turnkey investment opportunity in one of downtown
$399,000
106 N Water Street unit: 907, Wilmington, North Carolina, 28401
1
Beds
1
Baths
585
Sqft
0
Acres
$399,000
106 N Water Street unit: 907, Wilmington, North Carolina, 28401
1 Beds
1 Baths
585 Sqft
0 Acres
TOP-FLOOR, turnkey investment opportunity in one of downtown Wilmington's premier riverfront condo buildings. Unit 907 is a fully furnished 1BR/1BA with 585 sq. ft., large enclosed balcony, and unobstructed Cape Fear River views. The property boasts an outstanding rental history (over $35K gross rental income in 2024) with proven demand across short-, medium-, and long-term stays. Key upgrades include a remodeled kitchen and bath plus a new HVAC installed in May 2024. Unlike many comparable units, this condo features a full kitchen, making it attractive to extended-stay tenants such as traveling professionals. HOA permits short-term rentals, a rare distinction in the Historic District, broadening income potential. Property is offered fully furnished and stocked, allowing for immediate income generation. Located on the 9th floor, residents enjoy quiet separation from downtown street activity and some of the best sunset views in Wilmington. Strong guest reviews consistently highlight comfort, views, and location. Ideal for investors seeking a proven, flexible income stream, or for buyers wanting a second home with offsetting rental revenue. Contact listing agent for showing instructions, as unit is frequently occupied.
91 days
on BarrierFreeHome.com
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saves
Accessibility Features
Accessible Elevator Installed
Property Details
1 Beds
1 Baths
585 Sqft
Built 2000
0 Acres
No Patio
Off Street, Parking Lot
Electric (Heating), Heat Pump (Heating)
Siding : Concrete, Brick, Brick Veneer
Flat Roof
$2,444 Property Tax
Water Street Center Condo Community
New Hanover County
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Location
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Ad Statistics
Ad Number
6793850
Viewed
32 times
Added
Nov 03, 2025
Updated on
Nov 18, 2025
Listing Information
Data Source
HIVE MLS
Source Property ID
100533151
Compliance
Listing Agent: David and Francisca Oller Team, Intracoastal Realty Corporation, 203-912-5578, 910-769-8290, Listing Status: Active
Copyright © 2025 HIVE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 HIVE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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