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$748,000
4 Beds 2 Baths 100555713 MLS
Stunning 120+ year old home in Historic downtown Wilmington being sold fully furnished! This home is currently split into 2 separate units however potential to be converted back to a single family home by opening up the entry hallway between them if desired. The old post previously used to tie up horses out front welcomes you to walk up to the covered rocking chair front porch where you can sit & watch the horse drawn carriage meander by. The inside of this well cared for home is filled with character and has been carefully maintained to keep the integrity of the historic charm. New roof was put on in 2024, most of the home has been re-wired, & the whole exterior has recently been painted. The upstairs unit has been updated with an on demand water heater. All appliances seen remain including the fridges, washers, & dryers. With natural gas hookups, both kitchens have gas stoves. Additional details throughout include hardwood flooring, high ceilings, & finished trim work. Spacious backyard with an extended paver patio, new decking, a newly installed privacy fence that has a tucked away treasure behind it - off street parking in back via alley access. Crawl space has been encapsulated & a dehumidifier installed, professionally done by ServPro. This home is conveniently nestled downtown within walking distance to many wonderful restaurants, coffee spots, & the historic USO building for community theatre shows. With all furnishings included, it's ready to go to generate air b&B or vrbo income.

419 S Front St, Wilmington

$2,350,000
36 Beds 12 Baths 100443909 MLS
Presenting 605, 607 and 609 Nixon St. in Downtown Wilmington, consisting of 12 units across three quadruplex condominiums on +/- .70 acres. Each unit contains three bedrooms and one full bath, plus recent renovations including granite counter tops in the kitchens and bathrooms, laminate flooring throughout and tile flooring in the bathrooms. The downstairs units feature fenced patios with outdoor storage closets while the upstairs units have covered balconies with outdoor storage closets. Rents on five of the units are subsidized with housing vouchers through the Wilmington Housing Authority. The Housing Authority recently approved a currently vacant unit for an 18% rent increase, the seller is in the process of having three others approved at the same rate. The opportunity for future similar increases on the remaining units at lease renewal and turnover provides a generous value add. The tenants are responsible for electric, water, sewer and cable. The property is located adjacent to the popular Brooklyn Arts District in Downtown Wilmington, NC. The immediate area offers access to public parks, medical care, pharmacy, transportation, restaurants and entertainment. The Wilmington MSA is one of the fastest growing in North Carolina--encompassing New Hanover, Brunswick and Pender Counties. Demand for affordable housing is outpacing supply by a wide margin throughout the region, supporting this offering as a durable investment.

605-609 Nixon St, Wilmington

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Wilmington Real Estate & Homes With Balcony

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