5315 Andover Rd, Wilmington, NC 28403

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

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List Price
$375,000
MLS#
100602750
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
3
Bathrooms
2
Living Area
1,150
Lot Size
20,038
Subdivision
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

Elementary School
College Park
Middle School
Williston
High School
Hoggard
Year Built
1964
Acres
0.46
Amenities
None
Lot Description
Stream(s)
Roof
Shingle

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Calculator source: Real Geeks

Listing courtesy of Coastal Properties.