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Condo For Sale
106 N Water Street unit: 907
Wilmington, North Carolina 28401
New Hanover County Water View: YesCommunity: Water Street Center Condo
$399,000
1 br, 1.0 bath
585 sq. ft.
0.000 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.
Interior:
- Bedrooms: 1
- Baths: 1.0
- Sq Ft: 585
- Year Built: 2000
- Utilities:
- Fireplaces:
- Stories: 1
- Heat/AC: Electric (Heating), Heat Pump (Heating)
- Garage: Off Street, Parking Lot
Exterior:
- Lot Size: 0.000 acre
- Lot Dimensions:
- View Types: River, Water
- Yard:
- Siding: Concrete, Brick, Brick Veneer
- Roof: Flat
- Property Taxes: $2,444
- MLS #: 100533151
- Unit Number: 907
Contact Information:
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.
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.
Ad Number: 6793850
Viewed 21 times.
Updated: Nov 18, 2025

