Wilmington, NC 28401,106 N Water ST #907
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Wilmington, NC 28401,106 N Water ST #907
Wilmington, NC 28401,106 N Water ST #907
Wilmington, NC 28401,106 N Water ST #907
Wilmington, NC 28401,106 N Water ST #907
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106 N Water ST #907 Wilmington, NC 28401

1 Bed

1 Bath

585 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 585 sqft

Price per Sqft $682

Subdivision Water Street Center Condo

MLS Listing ID 100533151

Style Wood Frame

Bedrooms 1

Full Baths 1

HOA Fees $4,800

HOA Y/N Yes

Year Built 2000

Annual Tax Amount $2,443

Property Sub-Type Condominium

Source Hive MLS

Property Description

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.

Location

State NC

County New Hanover

Community Water Street Center Condo

Zoning CBD

Direction Starting at the intersection of Chestnut Street and Front Street, head west on Chestnut and turn left on Water St.

Location Details Mainland

Rooms

Basement None

Primary Bedroom Level Primary Living Area

Interior

Interior Features High Ceilings, Kitchen Island, Elevator, Ceiling Fan(s), Furnished

Heating Heat Pump, Electric

Flooring LVT/LVP

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer

Exterior

Parking Features Parking Lot, Lighted, Off Street, On Site

Pool None

Utilities Available Sewer Connected, Water Connected

Amenities Available Roof Maintenance, Elevator(s), Flood Insurance, Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Management, Master Insure, Pest Control, Sewer, Sidewalk, Termite Bond, Trash, Water

Waterfront Description None

View Marsh View, River, Water

Roof Type Flat

Porch Covered

Building

Story 1

Entry Level 4th Floor or Higher Unit

Foundation Slab

Sewer Municipal Sewer

Water Municipal Water

New Construction No

Schools

Elementary Schools Snipes

Middle Schools Williston

High Schools New Hanover

Others

Tax ID R04720-007-023-103

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Hive MLS / (NCRMLS) / Cape Fear Realtors
Listed by Intracoastal Realty Corporation
Walter Ciucevich

Walter Ciucevich

Broker | License ID: 320028

+1(910) 644-4801

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106 N Water ST #907