Wilmington

Property Description

Unique property investment and development opportunity. Property consists of two duplexes and an undeveloped track of land zoned R- There are a total of 4 rental units, each with three bedroom - two bathroom. Total heated square footage of 4620 SF and 2.19 acres of land. There is a potential development opportunity of an additional 16+ units. The rental units are currently 100% occupied .

Overview

Property Status

Leased

Lot Size

2.19 Acres

MLS ID

100355933

Property Type

Other

Year Built

2008

Features & Amenities

Water Frontage

None

Water Source

Municipal Water

Roof

Shingle

Lot Features

See Others, Open Lot, Wooded

Parking

Off Street, Paved

Heat Type

Electric, Forced Air

Air Conditioning

Central Air

Sewer

Municipal Sewer

Substructure

Slab

HOA Amenities

See Remarks

Lease Price

$1,249,000/mo

Real Estate Tax

$6,333/yr

Zoning

R-5

Current Listings & Past Transactions

Portfolio

For Sale
$2,400,000

1042 New River Inlet Road, North Topsail Beach, NC 28460
- 7 Beds
- 6 Baths
- 3,950 Sq.Ft.
For Sale
$1,500,000

1610 Midland Road, Southern Pines, NC 28387
- 5 Beds
- 5 Baths
- 4,100 Sq.Ft.
For Sale
$998,000

3960 Island Drive, North Topsail Beach, NC 28460
- 4 Beds
- 4 Baths
- 1,859 Sq.Ft.
Sold
$730,000

2003 W Yacht Drive, Oak Island, NC 28465
- 3 Beds
- 2 Baths
- 1,361 Sq.Ft.
Sold
$720,000

97 NE 19th Street, Oak Island, NC 28465
- 3 Beds
- 2 Baths
- 1,489 Sq.Ft.
Sold
$691,783

569 Crown Pointe Drive, Hampstead, NC 28443
- 4 Beds
- 4 Baths
- 2,884 Sq.Ft.
Sold
$682,064

114 Summer Winds Place, Surf City, NC 28445
- 3 Beds
- 4 Baths
- 1,973 Sq.Ft.
Sold
$665,000

144 NE 4th Street, Oak Island, NC 28465
- 3 Beds
- 2 Baths
- 1,474 Sq.Ft.
Sold
$644,820

4025 Watersail Drive, 128, Wilmington, NC 28409
- 3 Beds
- 3 Baths
- 2,636 Sq.Ft.
Sold
$572,500

790 New River Inlet Road, Unit 206a, North Topsail Beach, NC 28460
- 3 Beds
- 2 Baths
- 1,237 Sq.Ft.
For Sale
$550,000

1405 S Madison Street, Whiteville, NC 28472
- 5,070 Sq.Ft.
Sold
$425,000

4173 Englishtown Road, Wallace, NC 28466
- 3 Beds
- 2 Baths
- 2,310 Sq.Ft.
Sold
$366,500

126 S 13th Street, Wilmington, NC 28401
- 4 Beds
- 3 Baths
- 1,529 Sq.Ft.
Sold
$349,707

919 Rosie Drive, Lot 23, Sneads Ferry, NC 28460
- 3 Beds
- 2 Baths
- 1,783 Sq.Ft.
Sold
$315,000

227 NE 37th Street, Oak Island, NC 28465
- 3 Beds
- 3 Baths
- 2,520 Sq.Ft.
Sold
$312,500

2403 Bloomsbury Court, Wilmington, NC 28411
- 3 Beds
- 2 Baths
- 1,126 Sq.Ft.
Sold
$275,000

242 Currituck Drive, Holly Ridge, NC 28445
- 3 Beds
- 3 Baths
- 1,650 Sq.Ft.
Sold
$267,000

302 Frisco Way Way, Holly Ridge, NC 28445
- 3 Beds
- 3 Baths
- 1,577 Sq.Ft.
Sold
$235,000

209 Cathay Road, Wilmington, NC 28412
- 3 Beds
- 2 Baths
- 1,080 Sq.Ft.
Sold
$150,000

5415 Park Avenue, Wilmington, NC 28403
- 3 Beds
- 1 Bath
- 730 Sq.Ft.
Leased
$1,249,000/mo

Private Address
- 4,620 Sq.Ft.
Leased

$352,000/mo

1003 Love Joy Road, Troy, NC 27371