$515,000

1105 Ann Street, Wilmington, NC 28401

  • 4 beds |
  • 3 baths |
  • 2,030 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $254/sqft
  • Property List Date Icon Listed 2 days ago

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.

Listing Status:
Active
Listing Office:
Intracoastal Realty Corp : 910-256-4503
MLS ID:
100532862
  • General: Master DownstairsWalk-in Closet(s)Whole-Home GeneratorWalk-In Closet(s)
  • Master Bedroom: Primary Living Area
  • Appliances: RefrigeratorDishwasherGenerator
  • Laundry: Dryer HookupWasher Hookup
  • Flooring: Carpet
  • A/C: Central Air
  • Heating: Gas PackHeat PumpNatural Gas
  • Fireplace: None

This listing courtesy of Intracoastal Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

The International School at Gregory

1106 Ann St, Wilmington, NC, 28401

Grades KG-8

0.10 miles away

W

Williston Middle School

401 S 10th St, Wilmington, NC, 28401

Grades 6-8

0.19 miles away

N

New Hanover High School

1307 Market St, Wilmington, NC, 28401

Grades 9-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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