$375,000
 $1,956 est/mo Sourced by Back At You

106 N Water Street 702,Wilmington, NC 28401

Wilmington, NC 28401

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Description

Stunning Riverfront Condo in the Heart of Historic Downtown Wilmington. Welcome to Water Street Center Condos--ideally positioned in the vibrant heart of Historic Downtown Wilmington and perched directly on the Cape Fear River. Located on the 7th floor of this 9-story building, this unit offers sweeping panoramic views of the water and sits directly across from the iconic Battleship North Carolina. Currently operating as a well established short-term rental with a strong income history, this property is an excellent opportunity for investors, a perfect vacation getaway, or a serene primary residence. Inside, you'll find 585 square feet of thoughtfully designed living space. The updated kitchen features rich dark wood cabinetry, white quartz countertops, and stainless steel appliances--all blending timeless style with modern convenience. The glass doors open to a private balcony, providing breathtaking views of sunsets over the river and front-row seats to fireworks and seasonal festivities. The spacious bedroom easily accommodates a king-size bed. The unit comes fully furnished and stocked--ready for immediate cash flow. The building has two elevators, security cameras and a private parking lot available to owners only. This is one of only a few downtown buildings where the HOA allows vacation rentals. Enjoy the award-winning Wilmington Riverwalk, exceptional dining, charming shops, entertainment and all the amenities that downtown Wilmington has to offer- right outside your doorstep!

Details

MLS #100535273
Listing TypeFor Sale
StyleCondominium
HOA Dues$4,800
Sub-TypeResale
StatusActive
Year2000
Days On Site374
Listing Provided ByIntracoastal Realty Corporation | Lauren W Mintz

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet585
Story(s)1
ZoningCBD
Water FrontYes
Property ViewRiver

Interior

Interior FeaturesElevator, Ceiling Fan(s), Blinds/Shades
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air
Fireplace Yes / NoNo
Laundry FeaturesLaundry Closet
FurnishedFurnished
Rooms Total3

Exterior

RoofMembrane, Flat
Foundation DetailsSlab
Waterfront FeaturesNone
ViewRiver
Construction MaterialsConcrete, Brick, Brick Veneer, Wood Frame

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesParking Lot, See Remarks, On Site

Utilities

UtilitiesSewer Connected, Water Connected

Taxes

Tax Assessed Value380100
Tax Book Number0
Tax Legal DescriptionUNIT 7B WATER STREET CENTER CONDOS
Tax Year2025

Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
Community NameWater Street Center Condo
School DistrictNew Hanover
Elementary SchoolSnipes
High SchoolNew Hanover
Listing VS Median (in Water Street Center Condo)
Price:
$375,000
low | high
Med:
$372,000
50.8% of Average
sqft:
585
low | high
Med:
581
50.683760683761% of Average
$ / sqft:
$641
low | high
Med:
$640
50.117850953206% of Average
On site:
374
low | high
Med:
301.5
100% of Average
Sourced by Back At You

Market Activity 28401

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Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
Community NameWater Street Center Condo
School DistrictNew Hanover
Elementary SchoolSnipes
High SchoolNew Hanover
Listing VS Median (in Water Street Center Condo)
Price:
$375,000
low | high
Med:
$372,000
50.8% of Average
sqft:
585
low | high
Med:
581
50.683760683761% of Average
$ / sqft:
$641
low | high
Med:
$640
50.117850953206% of Average
On site:
374
low | high
Med:
301.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $281K - $468K
sqft: 439 - 731
Listing Updated: September 29, 2026 at 9:55:53 AM PDT
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