Homes

106 Water Street 907, Wilmington

$399,000.00

Bedroom 1 bedrooms
Bathroom 1 baths

  • MLS #: 100533151
  • Address: 106 Water Street 907, Wilmington, NC 28401
  • Date Listed: 9/27/2025
  • Days on Market: 148
  • Heated SQFT: 585
  • Total Sqft (Primary + Separate) SQFT: 585
  • Stipulations: Standard
  • Subdivision: Water Street Center Condo
  • Listing Office: Intracoastal Realty Corporation
  • Agent Name: David and Francisca Oller Team

Location Location

Agent Comments Agent Comments
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.

Amenities Amenities
  • Electric Oven
  • Built-In Microwave
  • Washer
  • Refrigerator
  • Dryer

Interior Features Interior Features
  • Cool System: Heat Pump
  • Heat System: Heat Pump, Electric
  • Floors: 0
  • Rooms: Master Bedroom, Dining Area, Living Room
  • Interior: High Ceilings, Kitchen Island, Elevator, Ceiling Fan(s), Furnished, Blinds/Shades

Exterior Features Exterior Features
  • Parking: Parking Lot, Lighted, Off Street, On Site
  • Siding: Brick, Brick Veneer
  • Roof: Flat

Additional Features Additional Features
  • County: New Hanover
  • Property Type: Condominium
  • Tax Number: R04720-007-023-103
  • Waterfront Features: None
  • Water/Sewer: Cape Fear Public Utility Authority
  • Stories: 1
  • Year Built: 2000

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