1220 Queen StreetWilmington, NC 28401
- House
- $1,250,000
- 2 Bedrooms
- 1 Bathrooms
- 882 SQFT
Five-property income portfolio in downtown Wilmington -- offered as a single transaction. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is.
- Last Checked
- 1 minute ago
- Last Updated
- Apr 29, 2026
- Days on Website
- 15
- Type
- House
- Year Built
- 1920
- Neighborhood
- Dawson-Castle Street
- County
- New Hanover
- Elementary School
- Forest Hills
- Middle School
- Williston
- High School
- Hoggard
Property Details for 1220 Queen Street
1220 Queen Street is a [object Object] for sale in Wilmington, NC 28401. This 882 SQFT [object Object] sits on a 0.08 acre lot and features 2 bedrooms and 1 bathrooms. Built in 1920, this [object Object] has been on the market for a total of 15 days and is currently priced at $1,250,000.
Please contact Benjamin T Eisenberg at RE/MAX Essential direct by phone at 910-619-1533. You may also reach RE/MAX Essential by phone at 910-777-2700.
Similar Properties for 1220 Queen Street
We found 1 similar homes for sale with 2 bedrooms that are priced between $1,200,000 and $1,300,000.
Wilmington
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Listing Provider for 1220 Queen Street
Offered by Red Door Company. Information Not Guaranteed. © Hive MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Red Door Company shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
- Agent:
- Benjamin T Eisenberg
- Agent Phone Number:
- 910-619-1533
- Office:
- RE/MAX Essential
- Office Phone Number:
- 910-777-2700
- MLS ID:
- 100570339
- Data Source:
- Hive MLS
- Last Checked:
- 1 minute ago
- Last Updated:
- April 29, 2026 5:55 PM UTC
- Days on Site:
- 15
