Location
Agent Comments
6.9% CAP rate - Investor opportunity in PRIME Midtown Wilmington location within 4 blocks of UNCW campus! Renovated duplex features two 3BR/3BA units, ample gravel parking, large lot with potential for future building/storage, and fenced rear yard. Property offers excellent flexibility for investors seeking rental income or an owner-occupant looking to live in one unit while renting the other. Covered porch, and patio provide additional space to relax and entertain. Metal roof installed in 2019. High rental demand in this location, with tenants already in place, makes this a turnkey investment opportunity. Appointment required; tenant occupied.
Additional Features
- County: New Hanover
- Days on Market: 1
- Pool: No
- Property Sub Type: Duplex
- Tax Number: R05519-007-014-000
- Year Built: 1917
- Property Type: Rental Income
- Tax Year: 2025
- Tax Amount: $3,383.88
Financial
- Short Sale: Standard
Interior Features
- Cool System: Central Air
- Heat System: Electric, Forced Air
- Interior: High Ceilings, Wash/Dry Connect, Ceiling Fan(s)
- Levels: One
- Heating Fuel: Electric
- Basement Description: None
Exterior Features
- Fuel Tanks: None
- Parking: Gravel, Off Street
- Roof: Metal
- Siding: Vinyl Siding
- Is New Construction: No
- Construction: Block,Vinyl Siding
- Foundation: Crawl Space
- Garage Spaces: 0
- Parking Spaces: 0
- Fencing: Chain Link,Back Yard,Wood,Fenced
- Exterior: Vinyl Siding
- Patio/Deck Description: Patio,Front Porch
- Zoning: R-10
- Building Total Area (Sq.Ft): 2781
- Road Improvements: See Remarks
- View Description: None
Location
- Directions: Heading S on College Road, turn left onto Wrightsville Avenue. Turn Left at traffic light onto MacMillan, 305 located on your left.
- Street Number: 305
- County: New Hanover
- Latitude: 34.215255
- Longitude: -77.881932
- Subdivision: Other
- Marketing City: Wilmington
Listed by: Tammie Fuerstenberg from Coldwell Banker Sea Coast Advantage-Midtown.