442 Cape Fear Blvd, Wilmington, NC 28401

$265,000
3
BD
2
BA
850
SqFt

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List Price
$265,000
Status
ACTIVE
Days on Market
1
MLS#
100595407
Subtype
Residential
Year Built
1951
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
850
Lot Size
11,761
Acres
0.27
Subdivision
South Wilmington Place
Neighborhood
South Wilmington Place

Property Description

INSTANT CASH FLOW OPPORTUNITY! Income-producing property with a unique setup and strong rental history. The house has been split into a 2-bedroom, 1-bath unit and a studio with a single NP bathroom. Since the split, the property has generated over $3,000 per month in rental income. Conveniently located in Wilmington, this property offers an excellent opportunity for investors, house hackers, or buyers looking for multiple income streams from one property. The flexible layout provides the potential for continued rental income while offering versatility for future use. Please ask agent to review agent remarks for additional details regarding the property and rental setup.

Additional Information

Amenities
Cable TV
Interior Features
Master Downstairs, Vaulted/Cathedral Ceilings, High Ceilings
Zoning
R-7
Flooring
Vinyl, Laminate
Heating
Electric, Heat Pump
Air Conditioning
Central Air
Levels
One
Roof
Shingle
Foundation
Crawl Space
Parking Features
Detached, Additional Parking, Off Street, On Site
Garage Spaces
2
School District
New Hanover
Elementary School
Sunset
Middle School
Williston
High School
New Hanover

Listing courtesy of Listing Agent: Reese Coley () from Listing Office: ERA Live Moore.

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