Viewing Listing MLS# 100431623
Wilmington, NC 28412
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/ASqFt
- 2008Year Built
- 1.60Acres
- MLS# 100431623
- Commercial
- G
- Active
- Approx Time on Market1 month, 24 days
- AreaNew Hanover (28412)
- CountyNew Hanover
- SubdivisionBelmont
Overview
Discover the perfect blend of opportunity and potential with this prime track of land featuring two duplexes! Nestled in an up and coming central location near the Cape Fear River, State Port, Novant New Hanover Regional Medical Center, historic downtown Wilmington and just a short drive to area beaches, this expansive property offers endless possibilities for investors and developers alike. Whether you're looking to expand your real estate portfolio or embark on a new project, this is the ideal canvas to bring your vision to life. With ample space for growth and strategically designed income-producing duplex units (fully occupied) already in place, capitalize on the booming demand for multi-family housing. Don't miss out on this rare chance to unlock lucrative returns and create a thriving community. Seize the opportunity today!The 1.6 acre track of land is zoned R-5 and is currently in the entitlement process to be divided into 3 lots, which will equate to 19 units, based on current entitlements. Don't miss out on this chance to turn your vision into reality--act now and unlock the lucrative opportunities awaiting you!
Baths Info
Building Info
Year Built: 2008
New Construction: No
Exterior Features
Fuel Tank: None
Financial
Asking Price Text: $1,600,000
Tax Assessed Value: 15150
Total Property Taxes: 1280.18
Tax Year: 2023
Stipulation Of Sale: None
County Taxes: 1280.00
Terms: Cash,Conventional
HOA Info
Hoa: No
Interior Features
Lot Info
Lot Sqft: 69,522
Lot Dimensions: 300x276x279x208 Irregular
Acres: 1.60
Location: Residential
Lot Description: See Others,Wooded
Lot Water Features: None
Road Type: 2 - 3 Lanes, Maintained, Paved, Public (City/Cty/St)
Misc Features
Special Assessments: none
Misc Info
Roadtrans Access Rail: Less than 5 Miles
Roadtrans Access Interstate: Less than 5 Miles
Roadtrans Access Port: Less than 5 Miles
Roadtrans Access County Highway: Less than 5 Miles
Roadtrans Access Airport: Less than 5 Miles
Roadtrans Access State Highway: Less than 5 Miles
Parking Info
Property Features
Property Info
County: New Hanover
Cobra Zone: No
Zoning: R-5
Subdivision Original: Belmont
Secondary Subdivision: N/A
City Limits: Yes
Sign On Property: Yes
Class Type: G
Restrictions
Sale / Lease Info
Sale Lease: Sale
Possession: At Closing,Subject To Tenant Rights
Sale Lease Includes: Buildings,Land
Schools
SqFt Info
Sqft: 0
Unit Info
Utilities /HVAC
Service Providers Electric Provider: Duke Progress Energy
Service Providers Water Provider: Cape Fear Public Utility Authority
Service Providers Sewer Provider: Cape Fear Public Utility Authority
Water Heater: None
Courtesy of Intracoastal Realty Corp