106 N Water Street Unit 702, Wilmington, NC 28401 – MLS# 100535273
Courtesy of Lauren W Mintz, Intracoastal Realty Corporation
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!
HOA Amenities
Property Details and Features
Property Access
- Road Type/Frontage: Public (City/Cty/St)
Appliances & Equipment
- Built-In Microwave
- Washer
- Dryer
- Refrigerator
- Electric Cooktop
Attic Information
- None
Bathrooms
- 1 total bathroom
- 1 full bathroom
Bedrooms
- 1 bedroom
Building
- Heated SqFt Range: 400 – 599
- 585 heated sqft
- Built in 2000
- 1 story
- 3 rooms
- Construction: Concrete,Wood Frame
- Porch/Balcony/Deck: Balcony,Covered
- Stories/Levels: 4th Floor or Higher Unit
Cooling
- Central Air
Dining Room
- Dining Room Type: Kitchen
Exterior Features
- Exterior Finish: Brick,Brick Veneer
Fence
- None
Fireplaces
- None
Foundation
- Slab
Garage
- Garage & Parking: Other – See Remarks: Owner parking in lot
- Garage & Parking: Owner parking in lot
Water Features
- Electric
Heating
- Heat Pump
Home Owner’s Association
- HOA
- HOA Amenities: Cable TV,Trash,Water,Pest Control,Sewer,Roof Maintenance,Maint – Comm Areas,Master Insure,Management,Maintenance Structure,Maint – Grounds,Elevator(s),Flood Insurance
Interior Features
- Blinds/Shades
- Ceiling Fan(s)
Laundry
- Laundry Location: Laundry Closet
Listing
- Listed on 2025-10-09
- Construction Type: Stick Built
- List Price/SqFt: $650
- Terms: Cash,Conventional
Location
- County: New Hanover
- Zip Code: 28401
- Latitude: 34.237101
- Longitude: -77.949952
- Subdivision: Water Street Center Condo
- City Limits: Yes
Lot
- Lot Water Features: None
Parking
- On Site
- See Remarks
- Parking Lot
Possession
- Subject To Tenant Rights
Property
- Zoning: CBD
- Waterview
- Waterfront
Roof
- Flat
- Membrane
Additional Rooms
- Rooms: Kitchen,Master Bedroom,Living Room
Schools
- School District: New Hanover
Taxes
- Tax Assessed Value: $380,100
- City Tax Rate: 6111
- Tax Year: 2025
Utilities
- Sewer Connected
- Water Connected
- Electric Provider: Duke Energy
- Water Provider: Cape Fear Public Utility Authority