6.9% 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… Read More 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. Read Less
Courtesy of Tammie Fuerstenberg, Coldwell Banker Sea Coast Advantage-Midtown
Listing Snapshot
Days Online
17
Last Updated
Property Type
Duplex
Beds
6
Lot Size
0.41 Acres
Year Built
1917
MLS Number
100607026
Additional Details
Building
Built in 1917, Construction materials: Block, Vinyl Siding, Levels: One, 1 total story, Toal building area: 2781
Cooling
Central Air
Fence
Chain Link, Back Yard, Wood, Fenced
Heating
Electric, Forced Air
Interior Features
High Ceilings, Wash/Dry Connect, Ceiling Fan(s)
Lot
0.41 acres, 17,860 sqft
Parking
Gravel, Off Street
Property
Frontage type: See Remarks, Patio and porch features: Patio, Front Porch, Zoning: R-10, None
Roof
Metal
Taxes
Year: 2025
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