Incredible Development Opportunity! This 2.5 acres in the heart of Wilmington has recently been re-zoned to R-5, most likely allowing for 9 single family homes. On top of that, there are 3 existing income generating properties on the land, in case you aren't ready to build just yet! Come see this special property today!
Sold
$925,000
4221 Cedar Avenue, Wilmington, NC 28403
2beds
1,107sqft
Single Family Residence
Built in 1950
0.69 Acres Lot
$368,800 Zestimate®
$836/sqft
$1,690 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 25, 2024 at 12:59pm
Listed by:
David Cummings Real Estate Team 910-233-0425,
Intracoastal Realty Corp
Bought with:
Tammy C Golini, 123835
Coldwell Banker Sea Coast Advantage-Midtown
Source: Hive MLS,MLS#: 100384532
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Central Air
Features
- Master Downstairs
- Windows: Blinds
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,107
- Total interior livable area: 1,107 sqft
Property
Parking
- Parking features: Covered, Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: None
Lot
- Size: 0.69 Acres
- Dimensions: 203.44 x 359.22 x 296.13
Details
- Parcel number: R05515006002000
- Zoning: R-5
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Asbestos, Wood Frame
- Roof: Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Municipal Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Edgewood
HOA & financial
HOA
- Has HOA: No
- Amenities included: None
Other
Other facts
- Listing terms: Commercial,Cash,Conventional
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.