2827 Penn St, Wilmington, NC 28412

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Sold Price
$275,000
List Price
$259,900
Closing Date
Jul 13, 2026
MLS#
100578989
Status
CLOSED
Type
Multifamily
Subtype
Duplex
Bedrooms
4
Bathrooms
2
Lot Size
10,672
Subdivision
Belmont

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!

Additional Information

Elementary School
Sunset
Middle School
Williston
High School
New Hanover
Year Built
1942
Acres
0.24
Interior Features
Second Kitchen
Lot Description
Corner Lot
Roof
Architectural, Shingle

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Calculator source: Real Geeks

Listing courtesy of Intracoastal Realty Corporation. Selling Office: Coldwell Banker Sea Coast Advantage-Midtown.