106 N Water Street #907, Wilmington, NC 28401
Local realty services provided by:CENTURY 21 New Beginnings
106 N Water Street #907,Wilmington, NC 28401
$399,000
- 1 Beds
- 1 Baths
- 585 sq. ft.
- Condominium
- Active
Listed by: david and francisca oller team, david oller
Office: intracoastal realty corporation
MLS#:100533151
Source:NC_CCAR
Price summary
- Price:$399,000
- Price per sq. ft.:$682.05
About this home
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.
Contact an agent
Home facts
- Year built:2000
- Listing ID #:100533151
- Added:77 day(s) ago
- Updated:December 14, 2025 at 11:15 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:585 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Electric, Heat Pump, Heating
Structure and exterior
- Roof:Flat
- Year built:2000
- Building area:585 sq. ft.
Schools
- High school:New Hanover
- Middle school:Williston
- Elementary school:Snipes
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$682.05
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