Downtown investment opportunity with available VA assumable loan at 3.25%! This top bottom style duplex provides a great opportunity to live in one and rent the other or rent both units to maximize cash flow. Located off the main road this duplex provides easy access to all that downtown has to offer. The first floor features covered front and rear porches. One bedroom with a full bath, a spacious living room and kitchen in the rear with stainless appliances. Upstairs features the same layout but has an extra room that has been used by tenants as a 2nd BR. The house is currently not rented so your options are wide open. Downstairs (unit A) has been renting for $1,300/mo while the upstairs has been renting for $1,450/mo. The duplex has 2 separate electric meters.
MLS # | 100502999 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1925 |
Days On Site | 83 |
Listing Provided By | Flat Fee Realty and Management LLC | Patrick A Alderson |
Bed(s) | 3 |
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Bath(s) | 2 |
SQ Feet | 1,937 |
Story(s) | 2 |
Units | 2 |
Zoning | R-5 |
Acreage | 0.07 |
Cooling Yes / No | Yes |
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Cooling | Central Air |
Heating Yes / No | Yes |
Heating | Electric, Heat Pump |
Interior Features | High Ceilings, Ceiling Fan(s) |
Appliances | Electric Oven, Washer, Refrigerator, Dryer |
Roof | Metal |
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Construction Materials | Vinyl Siding |
Attached Garage Yes / No | No |
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Parking Features | Off Street |
Utilities | Sewer Available, Water Available |
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Property | 1318 |
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State | NC |
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County | New Hanover |
City | Wilmington |
Zip Code | 28401 |
Area | New Hanover |
Community Name | Not In Subdivision |
School District | New Hanover |
Elementary School | Sunset |
Middle School | Williston |
High School | New Hanover |