New Listing
442 Cape Fear Boulevard,Wilmington, NC 28401
Wilmington, NC 28401
Description
PRICES AT TAX VALUE! INSTANT CASH FLOW OPPORTUNITY! Income-producing property with a unique setup and strong rental history. The house has been split into a 2-bedroom, 1-bath unit and a studio with a single NP bathroom. Since the split, the property has generated over $3,000 per month in rental income. Conveniently located in Wilmington, this property offers an excellent opportunity for investors, house hackers, or buyers looking for multiple income streams from one property. The flexible layout provides the potential for continued rental income while offering versatility for future use. Please ask agent to review agent remarks for additional details regarding the property and rental setup.
Details
| MLS # | 100616106 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 2 |
| Listing Provided By | ERA Live Moore | Reese Coley |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 850 |
| Garage | 2 |
| Story(s) | 1 |
| Zoning | R-7 |
| Acreage | 0.27 |
| Property View | None |
Interior
| Interior Features | Master Downstairs, Vaulted Ceiling(s), High Ceilings |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Yes / No | No |
| Laundry Features | Dryer Hookup, Laundry Closet, Laundry Room |
| Rooms Total | 6 |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Shingle |
| Foundation Details | Crawl Space |
| View | None |
| Construction Materials | Aluminum Siding, Wood Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Detached, Additional Parking, Off Street, On Site |
Utilities
| Utilities | Water Available |
|---|
Taxes
| Tax Assessed Value | 249000 |
|---|---|
| Tax Book Number | '> |
| Tax Legal Description | - |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | South Wilmington Place |
| School District | New Hanover |
| Elementary School | Sunset |
| High School | New Hanover |
| Listing VS Median (in South Wilmington Place) | |
Price: $249,000 low | high Med: $249,000 sqft: 850 low | high Med: 850 $ / sqft: $293 low | high Med: $293 On site: 2 low | high Med: 2 | |
Market Activity 28401
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | South Wilmington Place |
| School District | New Hanover |
| Elementary School | Sunset |
| High School | New Hanover |
| Listing VS Median (in South Wilmington Place) | |
Price: $249,000 low | high Med: $249,000 sqft: 850 low | high Med: 850 $ / sqft: $293 low | high Med: $293 On site: 2 low | high Med: 2 | |
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