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USANCWilmingtonWater Street Center Condo106 Water St
STE-907 - 106 Water St, Condo with 1 bedrooms, 1 bathrooms and null parking in Wilmington NC | Image 1
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$399,000

Ste-907 - 106 Water St, Wilmington, NC

Condo

For Sale

$--,---,---
110
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size 585 sqft
Garage No
Maintenance Fees $4,800
Taxes $2,444
Days Active 0
Approx. Age 2000
Avg. Price Per Sqft $682
MLS® Number 100533151

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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. 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.Show Description
MLS® Number100533151
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2000
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump, Electric
A/C
Heating Fuel

Extras

Rooms

Show Details
Kitchen:Main7 × 8 ft
Living Room:Main11 × 15 ft
Master Bedroom:Main11 × 11 ft

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