1904 and 1902 Lingo St, Wilmington, NC Available

  • $229,000
  • 5 beds
  • 2 baths
  • 2,499 sqft

Off-Market MF Investment Opportunity in Wilmington, NC

Buy & Hold Located In The Up & Coming Cargo District!

We are selling our assignable purchase agreement on this property.

All offers will be taken into consideration. Send Your Highest and Best Offer.

Please do your own due diligence!

Many updates done including updated cabinets and flooring in kitchen. Central heating and air completed 2005. Plus new architectural roofs and vinyl siding done in 2017! 

 

Unit 1904:

1, 539 sqft of heated/cooled living area. This property has 3 bedrooms, 1 bath, living rm. with fireplace, dining room and large family room. This is a Section Eight rental with the Wilmington Housing Authority. Tenants in place 15 years. WHA approved a rent increase adjustment effective 10/01/20.

Unit 1902:

960 sqft originally converted from a shop with a single car garage to a single family home with an attached single car garage. This property has 2 bedrooms, 1 bath, living room, and eat in kitchen. The attached garage serves as a utility area- 200 sqft of “flex space”. Washer, dryer, and hot water heater and storage area. Tenants in place 7 years.

Current gross rent sits at a discounted rate, $2,000. Room for rent increases and value add!

Realtors: If you are currently working with a client, and wish to receive a commission, please note that the asking price does not include your commission. You may want to negotiate a commission with your client separate from the asking price or may adjust the asking price upwards to include your commission.

$2,500 Non-Refundable Earnest Money Required to secure the property.

Contact: 919-642-1808 or samantha@bluetopfinancial.com

Disclaimer: Please do your own due diligence. House is being sold as-is, and buyer is to pay all closing costs. Price based on a cash or hard money offer. All properties offered are either owned by Blue Top Equities LLC, under contract and selling equitable interest, or offered in conjunction with a business associate. All offers on properties require a $2500 non-refundable earnest deposit and 10 day close of escrow. No waiting for a response. We respond immediately to an offer. Equal Opportunity Housing. If You or Your entity does ANYTHING to jeopardize the contract between Blue Top Equities LLC and seller of property, including but not limited to marketing the property without authorization, putting the property on craigslist, or going to the property without permission YOU or Your ENTITY WILL BE HELD PERSONALLY RESPONSIBLE FOR DAMAGES OF TOTAL PROJECTED PROFIT MARGINS.

Submit Your Offer

Please fill out the form below with your highest and best offer. You will receive a confirmation if your offer is accepted with instructions on the next steps!
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  • Your best offer
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Price:
$229,000
Address:
1904 Lingo St.
Wilmington , North Carolina 28403
Square Feet:
2,499
Lot Size:
0.26 Acres
Bedrooms:
5
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Duplex
Year Built:
1900

Call 1-844-394-3277 for more details

Property Location