$1,600,000 $8,346 est/mo Sourced by Back At You

2888 Worth Drive,Wilmington, NC 28412

Wilmington NC, 28412

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Description

Discover the perfect blend of opportunity and potential with this prime track of land featuring two duplexes! Nestled in an up and coming central location near the Cape Fear River, State Port, Novant New Hanover Regional Medical Center, historic downtown Wilmington and just a short drive to area beaches, this expansive property offers endless possibilities for investors and developers alike. Whether you're looking to expand your real estate portfolio or embark on a new project, this is the ideal canvas to bring your vision to life. With ample space for growth and strategically designed income-producing duplex units (fully occupied) already in place, capitalize on the booming demand for multi-family housing. Don't miss out on this rare chance to unlock lucrative returns and create a thriving community. Seize the opportunity today! The 1.6 acre track of land is zoned R-5 and is currently in the entitlement process to be divided into 3 lots, which will equate to 19 units, based on current entitlements. Don't miss out on this chance to turn your vision into realityact now and unlock the lucrative opportunities awaiting you!

Details

MLS#100431623
Listing TypeFor Sale
StyleFarm or Ranch
StatusActive
Year2008
Days On Site75
Listing Provided ByIntracoastal Realty Corp | The Rising Tide Team

Features

ZoningR-5
Acreage1.60

Market Activity 28412

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Listings Checked: 2 minutes ago
StateNC
CountyNew Hanover
CityWilmington
Zip Code28412
AreaNew Hanover
Community NameBelmont
Listing VS Median (in Belmont)
Price:
$1,600,000
low | high
Med:
$555,000
100% of Average
On Site:
75
low | high
Med:
137
54.744525547445% of Average
Sourced by Back At You
Listing Updated: May 17, 2024 at 11:43:34 AM PDT