How much does the home at 106 N Water Street unit: 907 cost?

The 1-bedroom, 1-bathroom condo at 106 N Water Street unit: 907 in Wilmington, NC is listed for $395,000 ($675/sqft). The estimated monthly payment is $6,512 based on 20% down payment at 6.5% interest rate.

What are the monthly costs for 106 N Water Street unit: 907?

The HOA fee is $4800 per month.

What features does 106 N Water Street unit: 907 have?

Key features include: Built in 2000. Interior features: High Ceilings, Kitchen Island, Elevator, Ceiling Fan(s), Furnished. The property offers 1 bedrooms, 1 bathrooms, and 585 square feet of living space.

What heating and cooling systems does 106 N Water Street unit: 907 have?

Heating: Heat Pump (Heating), Electric (Heating). Cooling: Heat Pump. Included appliances: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer.

Who is the listing agent for 106 N Water Street unit: 907?

This property is listed by David and Francisca Oller Team of Intracoastal Realty Corporation. Contact at 2039125578. Email: doller@intracoastalrealty.com.

106 N Water Street unit: 907, Wilmington, NC 28401 | $395,000

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About This Home

This 1-bedroom, 1-bathroom condo at 106 N Water Street unit: 907 in Wilmington, NC is listed for $395,000 ($675 per sqft). Built in 2000, the home offers 585 sqft of living space on a N/A lot.

Agent Description

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.

Key Features

Built in 2000

Property Details

1 story

1 full

2000

Amenities

View

Monthly Cost Estimate

$6,913/mo

20% down · 6.5% · 30 years

Principal$286

Interest$1,712

Insurance$115

HOA$4,800

Estimates only. Actual payments may vary.

Location

106 N Water Street unit: 907

Wilmington, NC 28401

Water Street Center Condo

Features & Amenities

Interior Features

High CeilingsKitchen IslandElevatorCeiling Fan(s)FurnishedBlinds/Shades

Property Details

Flooring

Lvt/lvp

Construction

Concrete Brick Brick Veneer Wood Frame

Views

WaterRiver

Parking

Off StreetParking Lot

Heating

Heat Pump (Heating)Electric (Heating)

Cooling

Heat Pump

Appliances

Electric OvenBuilt-In MicrowaveWasherRefrigeratorDryer

Questions & Answers

This 1-bedroom, 1-bathroom condo at 106 N Water Street unit: 907 is listed at $395,000 ($675/sqft). The estimated monthly payment is $6,512 based on 20% down at 6.5% interest.

HOA fees are $4800/month.

Key features include: Built in 2000. Interior Features: High Ceilings, Kitchen Island, Elevator.

This property is listed by David and Francisca Oller Team and can be reached at 2039125578 or doller@intracoastalrealty.com.