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106 N Water Street #907, 
Wilmington, NC 28401

$399,000


1

Bed


1

Bath


585

Sq Ft


Condo

Active

Listed by

David And Francisca Oller Team

David Oller

Intracoastal Realty Corporation

910-769-8290

Last updated:

September 29, 2025, 10:51 PM

MLS#

100533151

Source:

NC CCAR

About This Home

106 N Water Street #907

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.

Home Facts

Condo

1 Bath

1 Bedroom

Built in 2000

Price Summary

399,000

$682 per Sq. Ft.

MLS #:

100533151

Last Updated:

September 29, 2025, 10:51 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

585 Sq. Ft.


Structure

Structure

Building Area:

585 Sq. Ft.

Year Built:

2000


Finances & Disclosures

Finances

Price:

$399,000

Price per Sq. Ft:

$682 per Sq. Ft.

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