442 Cape Fear Blvd, Wilmington, NC 28401

$249,000
3
BD
1
BA
850
SqFt

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List Price
$249,000
MLS#
100616106
Status
ACTIVE
Year Built
1951
Bedrooms
3
Bathrooms
1
Living Sq. Ft
850
Acres
0.27
County
New Hanover
Subdivision
South Wilmington Place

Property Description

PRICES AT TAX VALUE! 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

Elementary School
Sunset
Middle School
Williston
High School
New Hanover
Heating
Electric, Heat Pump
Cooling
Central Air
Water
Public
Roof
Shingle
Garage Spaces
2
Foundation
Crawl Space

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Listing courtesy of ERA Live Moore.