Location
Agent Comments
Welcome to an outstanding multi-family investment opportunity at 2550/2560 Chestnut Street, situated in the heart of Wilmington, NC. Perfect for savvy investors or owner-occupants seeking supplemental rental income, this property offers exceptional versatility with its multi-unit setup. Inside, bright and functional floor plans feature comfortable living spaces with modern flooring throughout, creating an inviting environment for tenants or extended family. Outside, the property boasts a generous yard area complete with a covered porch ideal for outdoor relaxation. Centrally located near downtown Wilmington, popular dining, shopping, major thoroughfares, and local coastal attractions, this property offers incredible long-term potential.
Amenities
- Electric Oven
- Refrigerator
Additional Features
- Association Amenities: Other
- County: New Hanover
- Days on Market: 8
- Exterior: Storm Doors
- Pool: No
- Property Sub Type: Duplex
- Tax Number: R04816-015-004-0001, R04816-015-004-0002
- Water/Sewer: Sewer Connected, Water Connected
- Year Built: 1984
- Property Type: Rental Income
- Tax Year: 2025
- Tax Amount: $2,821.87
Financial
- Short Sale: Standard
Interior Features
- Cool System: Central Air
- Floors: Carpet, Laminate
- Heat System: Electric, Heat Pump
- Interior: Master Downstairs
- Levels: One
- Heating Fuel: Electric
- Association Amenities: Other
- Water Heater: Electric
- Basement Description: None
Exterior Features
- Exterior: Storm Doors
- Fuel Tanks: None
- Parking: Concrete, Off Street, Parking Pad
- 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,Cape Fear Public Utility Authority
- Water Provider: Cape Fear Public Utility Authority
- Utilities: Sewer Connected,Water Connected
- Garage Spaces: 0
- Parking Spaces: 0
- Fencing: None
- Exterior: Wood Siding
- Patio/Deck Description: Deck,Porch
- Zoning: R-10
- Building Total Area (Sq.Ft): 1744
- Road Description: City Street,State Road
- Road Improvements: See Remarks
- View Description: See Remarks
Location
- Directions: Market street towards downtown. Turn right on 26th street. Turn left on Chestnut. Home will be on the left.
- Street Number: 2550/2560
- County: New Hanover
- Latitude: 34.240845
- Longitude: -77.913937
- Subdivision: Not In Subdivision
- Marketing City: Wilmington
Listed by: Angie & Cedric Robinson from RE/MAX Executive.