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Desiree Taron
Desiree Taron
(918) 510-0803desiree@taronrealty.com
Doug Taron
(910) 333-4178doug@taronrealty.com
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  • WIT Realty LLC
    6400 Carolina Beach Rd. Ste 823
    Wilmington, NC 28412
    (910) 616-4377
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    HIVE MLS

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    $399,000
    For Sale

    106 Water Street #907

    Wilmington, NC 28401
    585 sqft | 1 bed | 1 bath | #100533151
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    Browse 28 photos
    Type:Purchase
    Structure:Condo
    Zone:Residential

    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.<br />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.<br />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.<br />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 Details
        • InteriorHigh Ceilings, Kitchen Island, Elevator, Ceiling Fan(s), Furnished
      • Heating & Cooling
        • HeatingHeat Pump, Electric
      • Beds & Baths
        • Bedrooms1
        • Bathrooms1
        • Full Baths1
    • Property Details
        • Stories4th Floor or Higher Unit
        • ViewMarsh View, River, Water
      • Measurements
        • Square Feet585
      • Parking
        • Parking FeaturesParking Lot, Lighted, Off Street, On Site
    • Construction Details
        • Property TypePurchase
      • Condition
        • Year Built2000
      • Material information
        • FoundationSlab
        • RoofFlat
    • Utilities / Energy Details
        • AppliancesElectric Oven, Built-In Microwave, Washer, Refrigerator, Dryer
        • Utility FeaturesSewer Connected, Water Connected
        • Sewer InformationMunicipal Sewer
        • Utility SourceMunicipal Water
    • Community and Neighborhood Details
        • SubdivisionWater Street Center Condo
      • Location
        • School DistrictNew Hanover
        • High SchoolNew Hanover
        • CountyNew Hanover
        • Middle SchoolWilliston
        • Elementary SchoolSnipes
        • ZoningCBD
    • Financial Details
        • Original List Price$399,000
        • Taxes Annual$2,443
        • Days on Market (Cumulative)17
      • HOA
        • Hoa Fees4800
        • Hoa1
    • Restrictions
        • PetsPets Allowed
    • Other
        • MLS #100533151

    Location

    Legal

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    Last Updated: Today at 1:58 PM. Source: HIVEMLS

    Provided By
    Listing Agent: David and Francisca Oller Team (#579514397), Email: doller@intracoastalrealty.com
    Listing Office: Intracoastal Realty Corporation (#579502589)

    Desiree TaronTaron Realty Group
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