Condo For Sale near Cape Fear River - New Hanover County

Act now and secure $7,200 in seller-paid credits to apply to closing costs or a 2-1 temporary rate buy down to reduce your monthly payment (see lender's flyer). This limited incentive applies to any accepted offer on or before December 31, even if the closing occurs in the new year. So secure your savings today! 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.

Property Details

  • Beds: 1
  • Baths: 1.0
  • Sq Feet: 585
  • Year Built: 2000
  • Location: Cape Fear River - New Hanover County
  • Riverview: Yes
  • ViewTypes: River, Water
  • County: New Hanover County
  • Community: Water Street Center Condo
  • Heat/AC: Heat Pump (Heating), Electric (Heating)
  • Garage: Parking Lot, Off Street
  • Siding: Concrete, Brick, Brick Veneer
  • Roof: Flat
  • Stories: 1
  • Property Taxes: $2,444
  • MLS #: 100533151
  • Unit Number: 907

Location

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Contact Information:

Contact Agent
Listing Agent: David and Francisca Oller Team, Intracoastal Realty Corporation, 203-912-5578, 910-769-8290 Listing Site, 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.

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Lake Condo For Sale in Wilmington, North Carolina
Ad Number : 6793850
Viewed: 0 times
Added: Nov 03, 2025
Updated on: Nov 18, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.