6 Beds
4 Baths
2,196 SqFt
6 Beds
4 Baths
2,196 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,196 sqft
Price per Sqft $284
Subdivision Silva Terra
MLS Listing ID 100588250
Style Wood Frame
Bedrooms 6
HOA Y/N No
Year Built 2004
Lot Size 0.575 Acres
Acres 0.57
Lot Dimensions 267x94x267x94
Property Sub-Type Duplex
Source Hive MLS
Property Description
Rare opportunity to purchase a move-in-ready duplex with immediate rental income and owner-occupant potential in a convenient Wilmington location.
Each unit features 3 bedrooms, 2 bathrooms, an attached one-car garage, luxury vinyl plank flooring throughout unit 421, carpet and LVP in 423, low-maintenance vinyl siding, and a private fenced courtyard.
The left unit is vacant and move-in ready, making it an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. The right unit is currently leased at $1,750 per month to solid long term tenants, providing immediate cash flow from day one. Lease renewed until 4/30/27.
Situated on a corner lot with easy access to shopping, dining, downtown Wilmington, and Carolina Beach, this property offers broad appeal for homeowners, investors, and those looking to house hack. Seller financing may be available with a substantial down payment, offering additional flexibility for qualified buyers.
A solid option for building equity while generating income or adding a low-maintenance property to your investment portfolio.
Location
State NC
County New Hanover
Community Silva Terra
Zoning r15
Direction south on college to right on carolina beach rd. Left on Horn, house on left.
Location Details Mainland
Interior
Interior Features Ceiling Fan(s)
Heating Electric, Forced Air
Cooling Central Air
Flooring LVT/LVP, Carpet
Appliance Electric Oven, Refrigerator, Dishwasher
Laundry In Garage
Exterior
Parking Features Garage Faces Front, Attached, Concrete, Off Street, On Site, Garage
Garage Spaces 2.0
View See Remarks
Roof Type Shingle
Porch Patio, Porch, Front Porch
Garage Yes
Building
Lot Description Corner Lot
Entry Level One
Foundation Slab
Level or Stories 1
New Construction No
Schools
Elementary Schools Williams
Middle Schools Myrtle Grove
High Schools Ashley
Others
Tax ID R07020-009-006-000
Acceptable Financing Cash, Conventional, FHA, VA Loan, 1031 Exchange, Seller Financing
Listing Terms Cash, Conventional, FHA, VA Loan, 1031 Exchange, Seller Financing
Special Listing Condition Standard
Nearby Locations
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REALTOR®, Broker-Owner | Lic# 271115