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Wilmington, NC, 28403
$610,000
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,046, owner’s title insurance $1,425, credit, flood & data fees $160 and lower government recording fees & taxes $90, priced for New Hanover, NC with 20% down. Restrictions apply.
Questions? Call (804) 648-4357
Established rental income meets a rare dual-residence opportunity in the heart of Midtown Wilmington. 4214 and 4216 Wrightsville Avenue offer two separate homes on one property, both currently leased and generating income--an appealing opportunity for investors looking to add an established rental property to their portfolio. The main residence at 4214 offers two bedrooms, two full baths, and additional flexible space. Craftsman-style character begins with a covered front porch and continues inside with bright living and dining areas, plantation shutters, wood-look flooring, and a kitchen featuring warm wood cabinetry, stainless steel appliances, and a convenient pass-through to the dining area. Privately positioned behind the main home, 4216 offers a completely separate one-bedroom, one-bath residence with its own entrance and covered porch. Inside, you'll find a comfortable living area, updated kitchen with white cabinetry and stainless steel appliances, and a well-appointed bedroom and bath. With both residences currently tenant-occupied, the property offers immediate rental income from two distinct living spaces, while maintaining flexibility for future ownership plans. Located in Wilmington's established Winter Park West area near UNCW, Long Leaf Park, shopping and dining along College Road and Oleander Drive, with convenient access to downtown Wilmington and Wrightsville Beach. For buyers looking to expand their investment, adjoining properties are also being offered for sale, presenting a unique opportunity to acquire multiple connecting tracts and create a larger Midtown Wilmington real estate portfolio.
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Listing Details
Listed by: Morgan Beatty Group, RE/MAX Essential
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