5324 Wrightsville AVE, Wilmington, NC 28403
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5324 Wrightsville AVE, Wilmington, NC 28403
5324 Wrightsville AVE, Wilmington, NC 28403
5324 Wrightsville AVE, Wilmington, NC 28403
5324 Wrightsville AVE, Wilmington, NC 28403
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Active Under Contract

5324 Wrightsville AVE Wilmington, NC 28403

4 Beds

2 Baths

2,004 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,004 sqft

Price per Sqft $298

Subdivision Not In Subdivision

MLS Listing ID 100561004

Style Wood Frame,Stick Built

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1954

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions rectangular

Property Sub-Type Single Family Residence

Source Hive MLS

Property Description

Investor Alert! Two income producing properties on one lot that has recently been rezoned R-5(CD) and pre-approved to build two more dwellings!! The existing 3 bedroom brick ranch (1344 ft2) is vacant and ready for its new occupant. It has recently been updated with new HVAC (2026), new HWH (2026), and new roof (2024). Other updates in the last 12-13 years include updated electrical system, kitchen cabinetry, appliances, and select flooring. There is also a bonus room that could be used as an additional bedroom or home office. Out back lies a detached 1 bedroom garage apartment (660 ft2) built in 2013 with access from Park Ave and a long term tenant in place that would like to stay. Each dwelling has their own private 1 car garage bay for storage, a rarity in this town. The primary dwelling sits on a crawlspace so there is potential to add another bathroom.

Conveniently located in the Wrightsville corridor designated Area of Opportunity by the City of Wilmington this home site is close to UNCW, Cape Fear Hospital, coffee shop, city transit, Wrightsville Beach, and more! The new owner has the option to subdivide and develop two more income producing units, or just keep the property as-is and live in the house and rent out the garage apartment. In the case of the latter, you could still subdivide and possibly sell the new lot (with frontage on Wrightsville Ave) to defray the cost of your purchase. Don't miss this rare opportunity with so much potential! Disclaimer: Concept plans (pictured) were submitted to the city as part of the rezoning package and are being provided for reference only.

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning R-15

Direction From College Rd take Wrightsville Ave east toward WB, property is on the right.

Rooms

Primary Bedroom Level Primary Living Area

Interior

Interior Features Mud Room, Apt/Suite, Ceiling Fan(s)

Heating Electric, Forced Air, Heat Pump

Cooling Central Air, Ceiling Fan(s)2

Appliance Built-In Microwave, Refrigerator, Range, Dishwasher

Laundry Laundry Room

Exterior

Parking Features Additional Parking, Off Street, On Site

Utilities Available Sewer Connected, Water Connected

View See Remarks

Roof Type Shingle

Porch Front Porch

Garage Yes

Building

Entry Level One

Foundation Crawl Space

Water Public

New Construction No

Schools

Elementary Schools Winter Park

Middle Schools Roland Grise

High Schools Hoggard

Others

Tax ID R06205-004-008-000

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Standard


Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Berkshire Hathaway HomeServices Carolina Premier Properties

NEARBY SCHOOLS & PROPERTIES

Kim Rivera

Kim Rivera

Agent | License ID: 320442

+1(706) 305-7135

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5324 Wrightsville AVE