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106 N Water Street #907, 
Wilmington, NC 28401

$395,000


1

Bed


1

Bath


585

Sq Ft


Condo

Active

Listed by

David And Francisca Oller Team

David Oller

Intracoastal Realty Corporation

Last updated:

March 25, 2026, 10:18 AM

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

395,000

$675 per Sq. Ft.

MLS #:

100533151

Last Updated:

March 25, 2026, 10:18 AM

Added:

5 month(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:

$395,000

Price per Sq. Ft:

$675 per Sq. Ft.

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The information being provided by Hive MLS (formerly North Carolina Regional Mls) is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Hive MLS (formerly North Carolina Regional Mls) All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.