Location
Agent Comments
Rare opportunity in the desirable Carolina Place neighborhood! 1920 Pender Ave offers something you don't find often- three income producing units all on one property. Situated on a corner lot, the property features a main residence along with a separate duplex/ADU, with all three units currently tenant occupied and generating rental income.
For investors, this is a great opportunity to add multiple rental units to your portfolio with one purchase. It could also be a great fit for an owner-occupant looking to live in the main home while continuing to generate rental income from the additional units.
Located just minutes from Downtown Wilmington, the property offers convenient access to some of the area's best dining, shopping, entertainment, and local favorites. With an established rental history, multiple income-producing units, and a location that's hard to beat, 1920 Pender Ave offers a level of versatility that is becoming increasingly difficult to find in Wilmington. Whether you're looking for your next investment or a home with additional income potential, this one is definitely worth a look!
Additional Features
- Association Amenities: None
- County: New Hanover
- Days on Market: 39
- Pool: No
- Property Sub Type: Triplex
- Tax Number: R04819-031-001-000
- Water/Sewer: Sewer Available, Water Available
- Year Built: 1955
- Property Type: Rental Income
- Tax Year: 2025
- Tax Amount: $3,202.03
Financial
- Short Sale: Standard
Interior Features
- Cool System: Central Air
- Fireplaces: 1
- Heat System: Electric, Heat Pump
- Interior: High Ceilings
- Room Type: Dining Area
- Levels: One
- Heating Fuel: Electric
- Association Amenities: None
- Furnished: Unfurnished
- Basement Description: None
Exterior Features
- Fuel Tanks: None
- Parking: On Street
- Roof: Shingle
- Siding: Wood Siding
- Is New Construction: No
- Construction: Wood Siding,Wood Frame
- Foundation: Crawl Space
- Water Source: Public
- Septic or Sewer: Municipal Sewer
- Utilities: Sewer Available,Water Available
- Garage Spaces: 0
- Parking Spaces: 0
- Fencing: Partial,Wood
- Exterior: Wood Siding
- Patio/Deck Description: Covered,Porch
- Zoning: R-5
- Building Total Area (Sq.Ft): 1137
- Road Description: Paved
- Road Improvements: See Remarks
- View Description: None
Location
- Directions: From Market St, turn left on S 21st street, turn right on Pender Ave, then turn left on S 20th St.
- Street Number: 1920
- County: New Hanover
- Latitude: 34.23485
- Longitude: -77.923003
- Subdivision: Carolina Place
- Marketing City: Wilmington
Listed by: Farra Andrews from Carolina One Properties Inc..