5315 Andover Rd, Wilmington, NC 28403

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

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List Price
$375,000
Status
ACTIVE
Days on Market
2
MLS#
100602750
Subtype
Residential
Year Built
1964
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,150
Lot Size
20,038
Acres
0.46
Subdivision
Green Acres
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

Amenities
None
Zoning
R-15
Flooring
Vinyl, Wood
Appliances
Electric Oven, Electric Cooktop
Heating
Electric, Heat Pump
Air Conditioning
Central Air
Levels
One
Roof
Shingle
Foundation
Crawl Space
Parking Features
Unpaved, Off Street
School District
New Hanover
Elementary School
College Park
Middle School
Williston
High School
Hoggard
View
Creek/Stream, Creek/Stream

Listing courtesy of Listing Agent: Mark C Reiser () from Listing Office: Coastal Properties.

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