Price Reduced Listing6.9% CAP rate - Investor opportunity in PRIME Midtown Wilmington location within 4 blocks of UNCW campus! Renovated duplex features two 3BR/3BA units, ample gravel parking, large lot with potential for future building/storage, and fenced rear yard. Property offers excellent flexibility for investors seeking rental income or an owner-occupant looking to live in one unit while renting the other. Covered porch, and patio provide additional space to relax and entertain. Metal roof installed in 2019. High rental demand in this location, with tenants already in place, makes this a turnkey investment opportunity. Appointment required; tenant occupied.
| MLS # | 100607026 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1917 |
| Days On Site | 33 |
| Listing Provided By | Coldwell Banker Sea Coast Advantage-Midtown | Tammie Fuerstenberg |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 2,781 |
| Story(s) | 1 |
| Units | 2 |
| Zoning | R-10 |
| Acreage | 0.41 |
| Property View | None |
| Interior Features | High Ceilings, Wash/Dry Connect, Ceiling Fan(s) |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Roof | Metal |
|---|---|
| Foundation Details | Crawl Space |
| View | None |
| Construction Materials | Block, Vinyl Siding |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Gravel, Off Street |
| Tax Assessed Value | 575000 |
|---|---|
| Tax Book Number | 6741 |
| Tax Legal Description | Blk 3 Pt Fm 53 Winter Pk |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28403 |
| Elementary School | College Park |
| High School | Hoggard |
| Listing VS Median (in 28403) | |
Price: $700,000 low | high Med: $399,000 sqft: 2,781 low | high Med: 1,893 $ / sqft: $252 low | high Med: $211 On site: 33 low | high Med: 58 | |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28403 |
| Elementary School | College Park |
| High School | Hoggard |
| Listing VS Median (in 28403) | |
Price: $700,000 low | high Med: $399,000 sqft: 2,781 low | high Med: 1,893 $ / sqft: $252 low | high Med: $211 On site: 33 low | high Med: 58 | |