2425 Adams St, Wilmington, NC 28401

$215,000

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List Price
$215,000
MLS#
100584906
Status
ACTIVE
Type
Multifamily
Subtype
2-4 Units Multi-Family
Lot Size
12,975
Subdivision
Sunset Park

Property Description

Rare opportunity on this triplex corner lot in sunset park! This lot offers the possibility to build-to-rent and create your own very attractive cap rate. Previous house has been torn down, and based on the lot sq footage the lot may qualify for a duplex, triplex, or Home with an ADU (buyer to verify city zoning). Existing 4 inch sewer tap and existing water line are capped at the street and can be re used for duplex or a house with ADU. Triplex may require the utility taps to be upsized (Buyer to verify with CFPUA). This lot is conveniently located on the corner of Adams and Bell St, and offers versatility with potential for side entrance for parking making it perfect for your ideal triplex or Home with Garage apartment layout.

Additional Information

Elementary School
Sunset
Middle School
Williston
High School
New Hanover
Acres
0.30
Lot Description
Subdivided, Corner Lot

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Carolina Premier Properties.