248 N. Front Street Apartments
248 N. Front Street, Wilmington, NC 28401
Telephone: 910-520-1750
Sale Price: 1,199,000
Listing Firm: Network Realty
Current As Of: 04/20/10
Listing Contact: Jim Bitto
Contact Telephone: 910-233-0659
Contact Email: NFrontSt248@aol.com
A great investment opportunity. 8 total units, 4 on the mid level and 4 on the upper level of a 3 story mixed use building in the heart of downtown Wilmington. Of the 8 apartments 5 have 2 bedrooms and 3 are one bedroom. All of these units have high ceilings (11 to 11.5 feet) and natural wood floors in all of the rooms. Some have exposed brick interior walls that add charm and style. Each has a full kitchen with standard size sinks, refrigerators, ranges and dishwashers. These spaces were created during a remodel of the building in 1996. The building has been continuously updated and upgraded over the past 5 years including a new rubber membrane roof covering and some new HVAC systems. The building is located within 2 blocks of Cape Fear Community College (current enrollment exceeds 7,500 students) and is one block from the Cape Fear River that defines the downtown community which has numerous venues including restaurants, theatres, museums and shops. You can see numerous pictures and descriptions of each unit at www.capefearplacecondos.webs.com.