315-317 Castle Street

Wilmington, NC 28401

$849,000
Price
—
Beds
2,618 Sq. Ft.
$324 / Sq. Ft.
2,618
Sq. Ft.
$324
per Sq. Ft.

Description

Unique and rare investment property in the historic downtown Wilmington. Renovated Mid 1800s building with Upgrades. Nestled in the prime downtown district of one of the city's top TEN high-appreciating neighborhoods, these iconic buildings offer a blend of vintage charm and modern potential. With mixed-use and multifamily spaces, this portfolio promises a lucrative venture in a thriving location, combining history with strategic commercial opportunities. Leased under market rates with 1 Vacant unit...Unique and rare investment property in the historic downtown Wilmington. Renovated Mid 1800s building with Upgrades. Nestled in the prime downtown district of one of the city's top TEN high-appreciating neighborhoods, these iconic buildings offer a blend of vintage charm and modern potential. With mixed-use and multifamily spaces, this portfolio promises a lucrative venture in a thriving location, combining history with strategic commercial opportunities. Leased under market rates with 1 Vacant unit left vacant for owner occupancy or Vacation Rental/Airbnb. Properties can be sold TOGETHER as a portfolio deal. See 2617 Market St (MLS 10008535) for second property.
  1. Listed by Traci Hall • REIT Place, llc

Property Details for 315-317 Castle Street

Waterfront
No
Showings Expected to Begin
02-14-2024

Location

Listing Courtesy of REIT Place, llc
Add your commute
LISTING UPDATED: 04/06/2024 01:17 PM

Property Details for 315-317 Castle Street

StatusActive
MLS #10008516
Days on Market99
Taxes$3,099 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1888
Lot Size0.06 AC / 2,613 SF
CountyNew Hanover County

Location

Listing Courtesy of REIT Place, llc
Add your commute

Building Information for 315-317 Castle Street

Stories2Residences-Year Built1888Lot Size0.06 AC / 2,613 SF

Payment Calculator

$4,892 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,633

Property Taxes

$258

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 315-317 Castle Street

Summary
Location and General Information
  • Zoning: R-3
  • Directions: From 3rd St head to east on Castle. The property is at NW corner of Castle and 4th St.
  • Latitude: 34.228268
  • Longitude: -77.944011
Taxes and HOA Information
  • Tax Annual Amount: $3,098.62
  • City Limits Of: Wilmington
  • City Limits YN: Yes
  • Cross Street: 4th Street
  • Lot Number: 1
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
Property
Lot Information
  • Building Area Total: 2618.0
  • Lot Size Dimensions: see ta x records
  • Parcel Number: R05409003012000
  • List PriceAcre: 14150000
Property and Assessments
  • New Construction: No
  • Photos Count: 56
  • Below Grade Finished Area Units: Square Feet
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Brick Veneer, Vinyl Siding
  • Exterior Features: None
  • Fencing: None
  • Foundation Details: Other
  • Pool Private: No
  • New Construction Type: Brick, Brick Veneer, Vinyl Siding
Interior Features
  • Stories: 2
  • Basement Description: Other
  • Flooring: Concrete, Hardwood, Vinyl
  • Cooling: Ceiling Fan(s), Electric, Wall Unit(s)
  • Cooling?: Yes
  • Appliances: Electric Oven, Electric Water Heater, Free-Standing Range, Refrigerator, Vented Exhaust Fan
  • Equipment Appliances: Electric Oven, Electric Water Heater, Free-Standing Range, Refrigerator, Vented Exhaust Fan
  • Interior: Brick, Brick Veneer, Vinyl Siding
  • Equipment: Electric Oven, Electric Water Heater, Free-Standing Range, Refrigerator, Vented Exhaust Fan
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 315-317 Castle Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 315-317 Castle Street

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Annie H Snipes Elementary
PublicK to 5

Williston Middle
Public6 to 8

New Hanover High
Public9 to 12

The International School at Gregory
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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315-317 Castle Street is a mixed use property for sale in Wilmington, NC 28401. This property was listed for sale on January 28, 2024 by REIT Place, llc, it's currently listed at $849,000. This listing's school district is New Hanover County School District. Nearby schools include Annie H Snipes Elementary, Williston Middle and New Hanover High. 315-317 Castle Street is a 0-bed, 0-bath, 2,618 sqft mixed use property built in 1888.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REIT Place, llc

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