2827 Penn ST, Wilmington, NC 28412
2827 Penn ST, Wilmington, NC 28412
2827 Penn ST, Wilmington, NC 28412
2827 Penn ST, Wilmington, NC 28412
2827 Penn ST, Wilmington, NC 28412
2827 Penn ST, Wilmington, NC 28412
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$ 259,900
Est. payment | /mo

4 Beds

2 Baths

1,392 SqFt


Save
$ 259,900
Est. payment | /mo
Save

4 Beds

2 Baths

1,392 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,392 sqft

Price per Sqft $186

Subdivision Belmont

MLS Listing ID 100578989

Style Wood Frame

Bedrooms 4

HOA Y/N No

Year Built 1942

Lot Size 10,672 Sqft

Acres 0.24

Lot Dimensions 82x130x80x134

Property Sub-Type Duplex

Source Hive MLS

Property Description

Attention investors and house-hackers! Welcome to 2825 & 2827 Penn Street, a highly desirable side-by-side duplex located in the heart of Wilmington, NC. This rare, low-maintenance income property features two distinct units, making it the perfect addition to any real estate portfolio or an ideal opportunity to live in one side and rent out the other.
Each unit boasts a functional layout with classic hardwood flooring, separate utility meters, and a spacious shared yard. Situated in a quiet, established neighborhood with no HOA restrictions, this property offers incredible ease of management and maximum rental flexibility.
Enjoy a stellar location just minutes from Downtown Wilmington's historic Riverfront, local dining, shopping, and major transit routes. With a strong historical rental market in the area and immediate cash-flow potential, this duplex is a true ''set-it-and-forget-it'' investment. Opportunities like this on Penn Street don't last long--schedule your tour today and start building equity!

Location

State NC

County New Hanover

Community Belmont

Zoning R-5

Direction Eastwood, left on Military, left on College, and left on Shipyard, then immediately right onto Williamson, then left on Rutledge, then left on to Penn house at the end of the street on the left.

Location Details Mainland

Rooms

Basement None

Interior

Interior Features 2nd Kitchen

Heating Wall Furnace, Natural Gas

Cooling Wall/Window Unit(s)

Flooring Vinyl, Hardwood

Furnishings Unfurnished

Appliance Dryer

Laundry None

Exterior

Parking Features Gravel, Unpaved

Pool None

Utilities Available Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available, Electricity Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Waterfront Description None

View See Remarks

Roof Type Architectural Shingle,Shingle

Porch Screened, Front Porch, Rear Porch

Garage No

Building

Lot Description Corner Lot

Entry Level One

Foundation Crawl Space

Water Public

Level or Stories 1

New Construction No

Schools

Elementary Schools Sunset

Middle Schools Williston

High Schools New Hanover

Others

Tax ID R06506-012-006-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Intracoastal Realty Corporation

Nearby Locations

GET MORE INFORMATION

Jody Wainio
Jody Wainio

REALTOR®, Managing Broker, Lead Broker | Lic# 117999

+1(910) 232-4635

1001 Military Cutoff Rd. Suite 101, Wilmington, NC, 28405

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2827 Penn ST