106 N Water Street 702

Wilmington, NC 28401

$375,000

1Bedrooms
1Bathrooms
585Heated sqft
2000Year built
CondominiumProperty subtype
Intracoastal Realty CorporationListing office
Lauren MintzListing agent
New HanoverCounty
– Lot size

About the property

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!

At a glance

Listing details

Full bathrooms
1
Half bathrooms
0
Heated square feet
585
Stories
1
Zoning
CBD
HOA
Yes
Waterfront
Yes
Fireplace
No

Education

Schools

Elementary school
Snipes
Middle school
Williston
High school
New Hanover
School district
New Hanover

Complete report

Property features

City
Wilmington
Sub-Type
Condominium
County
New Hanover
Location Type
Mainland
Subdivision
Water Street Center Condo
Secondary Subdivision
N/A
Unit #
702
City Limits
Yes
Pre Direction
N
Marketing City
Wilmington
Year Built
2000
# Baths - Total
1
# Bedrooms
1
# Rooms
3
Master Bedroom Level
Non Primary Living Area
Waterview
Yes
New Construction
No
Sign on Property
No
Handicap Accessible
Elevator
Attic
None
Appliances/Equip
Built-In Microwave; Dryer; Electric Cooktop; Refrigerator; Washer
Construction
Concrete; Wood Frame
Cooling
Central Air
Dining Room Type
Kitchen
Entry Level Information
Entry Level: 7
Exterior Finish
Brick; Brick Veneer
Foundation
Slab
Terms
Cash; Conventional
Furnished
Furnished
Unit Type
1 Bedroom
Fencing
None
Interior Features
Blinds/Shades; Ceiling Fan(s)
Garage & Parking
Attached Garage Spaces: 0; Detached Garage Spaces: 0; Total # Garage Spaces: 0; Total Carport Spaces: 0; Other - See Remarks: Owner parking in lot
HOA and Neigh Amenities
Cable TV; Elevator(s); Flood Insurance; Maint - Comm Areas; Maint - Grounds; Maintenance Structure; Management; Master Insure; Pest Control; Roof Maintenance; Sewer; Trash; Water
Heated SqFt
400 - 599
Heating
Heat Pump
Heating System Fuel Source
Electric
Laundry Features
Laundry Closet
Lot Water Features
None
Patio and Porch Features
Balcony; Covered
Parking Features
On Site; Parking Lot; See Remarks
Roof
Flat; Membrane
Road Type/Frontage
Public (City/Cty/St)
Levels
One
Electric Provider
Duke Energy
Water Heater
Electric
Utilities
Sewer Connected; Water Connected
Sewer
Municipal Sewer
Water Source
Municipal Water
Water Provider
Cape Fear Public Utility Authority
Construction Type
Stick Built
View Type
River
Frontage Type
River
Tax Assessed Value
$380,100
Cobra Zone
No
Deed Book
6111
Deed Page
1356
Plat Book
0
PID
R04720-007-023-074
Tax Identifier
R04720-007-023-074
Plat Page
0
Total Real Estate Property Taxes
$1,163.11
Special Assessments
None
Tax Year
2025
Legal
UNIT 7B WATER STREET CENTER CONDOS
Directions to Property
Building located on Water street between Princess and Chestnut in downtown Wilmington. Entrance is in the back.

Location

Map & location

106 N Water Street 702, Wilmington, NC 28401

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