106 N Water Street 702, Wilmington, NC 28401

• 1 bed |
• 1 bath |
• 585 sqft

Property 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!

Listing Status:

Active

Date Added:

December 4, 2025

Data Last Updated:

May 12, 2026 at 1:18PM

Listing Office:

Intracoastal Realty Corporation : 910-769-8290

MLS ID:

100535273

Interior

• General: ElevatorCeiling Fan(s)Blinds/Shades
• Master Bedroom: Non Primary Living Area
• Appliances: Electric CooktopBuilt-In MicrowaveWasherRefrigeratorDryer
• Laundry: Laundry Closet
• A/C: Central Air
• Heating: ElectricHeat PumpElectric
• Disability Feature: Accessible Elevator Installed

Exterior

• Other Structures: BalconyCovered
• Parking: Parking LotSee RemarksOn SiteParking spaces: 0

Construction

• Roofing: MembraneFlat
• General: ConcreteBrickBrick VeneerWood FrameOneSlab

Location

• Road/Access: City StreetState RoadRiver
• HOA Amenities: Roof MaintenanceElevator(s)Flood InsuranceMaintenance Common AreasMaintenance GroundsMaintenance StructureManagementMaster InsurePest ControlSewerTrashWaterCable TV4800.0Annually
• Originating MLS: Hive MLS
• School District: New Hanover
• County: New Hanover

Lot

• Zoning: CBDUNIT 7B WATER STREET CENTER CONDOSR04720-007-023-074
• View: River
• Fencing: None

Utilities

• Utilities: Sewer ConnectedWater Connected
• Water: Public
• Sewer: Municipal Sewer

Financial

• Source: Hive MLS