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Wilmington,NC 28401
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,030 sqft
Price per Sqft $243
MLS Listing ID 100532862
Style Wood Frame
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1940
Annual Tax Amount $2,120
Lot Size 8,059 Sqft
Acres 0.18
Property Sub-Type Single Family Residence
Source Hive MLS
Property Description
Do not miss this 2-for-1 investment opportunity in downtown Wilmington! Located on a quiet street, this spacious 4-bedroom, 3-bathroom home comes with an additional vacant lot for a total of 0.18-acres creating the potential for multiple investments. With your personal touch, this home would make a great primary residence or investment property. The attached vacant lot could serve as a very large backyard space for entertaining or could be the future home to an income producing ADU or second home. Boasting over 2,000 square feet the home provides a large, separate flex space upstairs with a bedroom and bathroom for guests who would like to maintain their privacy. Another standout feature is that the home comes with covered, off street parking that has a 614 square foot storage room above with electricity. The home is also equipped with a natural gas whole home generator. A rare downtown opportunity that offers so much untapped potential!
This house + land duo provides ample room to expand, customize, and create income producing investments, all while being just steps away from the vibrant energy of the city. Whether you are a savvy investor looking for your next AirBNB or a first time homebuyer, this property offers immense potential for long term value and creates new development opportunities. This is the extremely rare investment opportunity in downtown Wilmington you have been looking for!
Home is located just 5 minutes from Wilmington's infamous Riverwalk and 20 minutes to Wrightsville beach. Just 3 blocks from Robert Strange park, playground, and tennis/pickleball courts.
Location
State NC
County New Hanover
Community Other
Zoning R-3
Direction From Wooster St. Turn right onto S 10th st. Turn right onto Ann St, Home is on the left across from International School at Gregory.
Location Details Mainland
Rooms
Other Rooms Covered Area,See Remarks,Storage
Primary Bedroom Level Primary Living Area
Interior
Interior Features Master Downstairs,Walk-in Closet(s),Whole-Home Generator
Heating Gas Pack,Heat Pump,Natural Gas
Cooling Central Air
Flooring Carpet
Fireplaces Type None
Fireplace No
Appliance Refrigerator,Dishwasher
Exterior
Parking Features Covered,Concrete,Off Street
Carport Spaces 2
Utilities Available Natural Gas Connected,Sewer Connected,Water Connected
Roof Type Architectural Shingle
Porch Covered,Deck,Porch
Building
Story 2
Entry Level One and One Half
Sewer Municipal Sewer
Water Municipal Water
New Construction No
Schools
Elementary Schools Gregory Math/Science
Middle Schools Williston
High Schools New Hanover
Others
Tax ID R05406-017-013-000
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Virtual Tour https://view.spiro.media/1105_ann_st-1750?branding=false