Tucked into the vibrant character of Wilmington and brimming with strategic potential, this four-bedroom, two-bathroom residence offers a rare combination of established income and lifestyle adaptability. Generating consistent rental income of $2,700 per month, the property operated as a registered group home with the City of Wilmington, offering a turnkey… Read More opportunity for investors or care-focused operators seeking a high-yield model in a flourishing coastal market.Step inside to a thoughtfully designed floor plan where function meets comfort. The living room, with its large front-facing window, flows seamlessly into a dining area and an efficient, well-lit kitchen equipped with durable countertops, ample cabinetry, and low-maintenance flooring. The primary bedroom is privately situated and filled with natural light, offering a peaceful retreat. Three additional bedrooms--each with sizable closets and neutral finishes--are roomy retreats. Bathrooms feature modern vanities, vinyl flooring, and clean-lined fixtures for ease of upkeep.The exterior offers equal promise, with a spacious backyard inviting relaxation or extension. Mature trees at the edge of the lot provide a natural screen, while the front lawn is easily maintained with opportunity for custom landscaping. Off-street parking adds convenience for both residents and visitors. Positioned near the University of North Carolina Wilmington, major retailers, dining, public transit, and Wrightsville Beach, this home balances income potential with lifestyle flexibility. Read Less
Courtesy of Stephen G Mills, Margaret Rudd Assoc/Sp
Listing Snapshot
Days Online
26
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
1,650
Lot Size
0.58 Acres
Year Built
1954
MLS Number
100525931
30 Days Snapshot Of 28403
$502k
+4%
(avg) sold price
29
-38%
homes sold
88
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Type/Frontage: Paved, Public (City/Cty/St)
Appliances & Equipment
Electric Oven, Refrigerator, Range
Attic Information
Stairs - Pull Down
Basement
None
Building
Heated SqFt Range: 1600 - 1799, 1,650 heated sqft, Built in 1954, 1 story, 7 rooms, Construction: Wood Frame, Porch/Balcony/Deck: Covered, Stories/Levels: One
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