4 Beds
2 Baths
1,423 SqFt
4 Beds
2 Baths
1,423 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,423 sqft
Price per Sqft $326
Subdivision Not In Subdivision
MLS Listing ID 100603899
Bedrooms 4
Full Baths 2
Construction Status UpdatedRemodeled
HOA Y/N No
Year Built 1960
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 19166
Property Sub-Type Single Family Residence
Source Hive MLS
Property Description
The main residence has undergone substantial renovations, including new LVP flooring throughout, fresh interior paint, new HVAC, new appliances, new countertops, and a renovated bathroom. Both the main residence and detached ADU received new roofs in 2022.
The detached ADU is a major feature of this property, providing existing rental income from day one. The ADU has its own water and sewer connections and is currently leased at $900 per month, creating an attractive opportunity for an investor or an owner-occupant looking to offset housing expenses with rental income.
Situated on approximately 0.44 acres with O&I zoning, the property also offers a large yard and ample off-street parking. Documentation regarding the ADU's legal nonconforming residential status is available.
Whether purchased as an investment property or as a primary residence with supplemental rental income, or as a place for your business, the separate income-producing ADU provides flexibility that is difficult to find in this Wilmington location.
Convenient access to UNCW, Wrightsville Beach, shopping, restaurants, and downtown Wilmington.
MAIN HOUSE + DETACHED ADU + EXISTING $900/MONTH ADU RENTAL INCOME.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning O&I
Direction From Military Cutoff Rd, turn right onto Wrightsville Ave. Property will be on the left, just before Recon Surf building.
Rooms
Other Rooms Guest House
Interior
Interior Features None
Heating Heat Pump, Electric
Cooling Central Air, Wall/Window Unit(s), Heat Pump
Flooring LVT/LVP
Fireplace No
Appliance Built-In Microwave, Refrigerator, Dishwasher, Electric Range
Exterior
Parking Features Off Street
Fence Back Yard, Wood
Utilities Available Sewer Available, Water Available, Water Connected
View None
Roof Type Architectural Shingle
Accessibility Accessible Approach with Ramp
Porch Patio
Garage No
Building
Dwelling Type Wood Frame,Stick Built
Story 1
Foundation Crawl Space
Water Public
Level or Stories 1
Additional Building Guest House
Structure Type Block,Brick,Wood Frame
New Construction No
Construction Status UpdatedRemodeled
Schools
Elementary Schools College Park
Middle Schools Williston
High Schools Hoggard
Others
Tax ID R05520-009-011-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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