624 S 8th St, Wilmington, NC 28401

Property Description

Investment opportunity in the heart of Wilmington! With a tenant already in place through May 2027, 624 S 8th Street offers the opportunity to acquire a newer downtown property with an existing lease from day one. Built in 2021, this 3-bedroom, 2.5-bath home offers a combination that can be difficult to find in this area--newer construction with a notably spacious floor plan. The generous square footage provides more room than typically expected in many homes throughout the surrounding downtown neighborhoods, adding to its appeal as a long-term rental investment. The thoughtfully designed floor plan features a first-floor primary suite with a spacious walk-in closet, an open-concept kitchen and living area, laundry room, powder room, and generous living space. Upstairs, you'll find two additional bedrooms, a full bath, and flexible space that can serve as an office or additional storage. Outside, the home offers a welcoming front porch, rear patio, fenced-in backyard, and off-street parking. Its central location provides convenient access to restaurants, breweries, coffee shops, shopping, Downtown Wilmington, the Castle Street district, the Cargo District, and other popular destinations throughout the city. Whether you're looking to add a newer property to an existing rental portfolio or make your first Wilmington investment, 624 S 8th Street offers a compelling combination of location, newer construction, substantial living space, and an established tenant.