5315 Andover Rd, Wilmington, NC 28403

$375,000
3
BD
2
BA
1,150
SqFt

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List Price
$375,000
MLS#
100602750
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
3
Bathrooms
2
Full-baths
2
Living Area
1,150
Lot Size
20,038
Neighborhood
Green Acres

Property Description

Great opportunity in an established central Wilmington location! This 3-bedroom, 2-bath brick ranch sits on a spacious approximately 0.46-acre lot and offers no HOA. The large lot provides plenty of outdoor space along with potential for an accessory dwelling unit (ADU), subject to applicable zoning and permitting requirements. The home offers a functional layout, two full bathrooms, and the classic character of an established Wilmington neighborhood. Currently tenant-occupied at $2,100/month on a month-to-month basis, with the tenant interested in staying, making this an attractive option for an investor looking for immediate rental income. It could also be a great opportunity for a future owner-occupant. Conveniently located near UNCW, shopping, dining, Wrightsville Beach, and downtown Wilmington. No HOA, large lot, ADU potential, solid rental history, and a desirable central location make this one worth a look. Owner is a licensed North Carolina real estate broker.

Additional Information

Acres
0.46
Appliances
Electric Oven, Electric Cooktop
Elementary School
College Park
Fencing
Chain Link, Back Yard
Flooring
Vinyl, Wood
Heating
Electric, Heat Pump
High School
Hoggard
Living Area
1,150
Lot Description
Stream(s)
Lot Size
20,038
Middle School
Williston
Subdivision
Green Acres
Water
Public
Year Built
1964

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Listing courtesy of Coastal Properties. Contact:

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