106 N Water Street Unit 702, Wilmington, NC 28401 – MLS# 100535273

Property Map

$380,000 – 106 N Water Street Unit 702, Wilmington, NC 28401

Street View

$380,000
1 Bed
1 Bath
585 SqFt
Acre Lot
Sqft Lot
Status Active
Property Type Condominium
Price Type
Year Built 2000
Neighborhood Water Street Center Condo
Days on Website 5

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

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