Calling all investors! This is the one you've been looking for- not only is this .57 acre lot in the popular Piney Woods area of Wilmington, but all of the hard work has already been done for you. The current owner has gone through the process of getting not one but TWO separate duplex/townhome building plans approved by the city. The first duplex consists of two 3 bed./3 bath, 2 story townhomes with 1859 sq. ft. per side and attached 2 car garages. Each side of the second duplex will have 2043 sq. ft. with 3 bed./3 bath, 2 story townhomes and attached 2 car garages as well. All you need to do is start building! Great opportunity for your rental property portfolio or to make a nice return selling new construction. There is no HOA to worry about. This property is only minutes away from Mayfaire shopping, dining, Long Leaf Park, UNCW, and the Wilmington Municipal Golf Course. Only 4 miles to Wrightsville Beach. See attached documents for approved site plans, and blue prints.
Sold for $290,000 on 07/21/23
$290,000
4926 Oleander Drive, Wilmington, NC 28403
--beds
0baths
--sqft
Multi Family
Built in ----
-- sqft lot
$423,300 Zestimate®
$--/sqft
$1,556 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 01, 2023 at 01:16pm
Listed by:
Laura Mathis 910-515-8286,
Coldwell Banker Sea Coast Advantage-Leland
Bought with:
Beatty Pittman Real Estate Team LLC, C37146
Intracoastal Realty Corp
Source: Hive MLS,MLS#: 100392269
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: None
Lot
- Size: 0.57 Acres
- Topography: Cleared,Cleared/Partial,Level,Undeveloped
Details
- Additional structures: None
- Parcel number: R06108008008000
- Zoning: ROD
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Piney Woods
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$423,300
2% more+$8,466
With Zillow Showcase(estimated)$431,766