$375,000
For Sale

1221 Castle Street

Wilmington, NC 28401
Type:Purchase
Structure:Land
Zone:Residential

Description

Ready to build .15 acre corner lot on castle street is just one block from the new 98 Apartment 4,200 SF retail complex Midcastle. The property is zoned UMX which allows for high density mixed use. The current owner intended a 16 unit apartment building with a 900 SF retail space. The lot is located between the rapidly developing Cargo District and Castle street's busy retail and residential district. Opportunity zone tax benefits are available for the developers of this parcel.

  • Property Details
      • Property Subtype5+ Multi-Family
      • MLS #100455227
      • MLS #100455227
      • Property TypePurchase
      • Cost375000

Location

Janet HeinisReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00