1425 Wellington Ave, Wilmington, NC 28401
- $1,065,000
- 9
- BD
- 4
- BA
- List Price
- $1,065,000
- Status
- ACTIVE
- Days on Market
- 123
- MLS#
- 100564998
- Subtype
- Residential Income
- Year Built
- 1974
- Bedrooms
- 9
- Bathrooms
- 4
- Lot Size
- 13,199
- Acres
- 0.30
- Subdivision
- Halcyon
- Neighborhood
- Halcyon
Property Description
Turnkey 4-unit investment opportunity featuring two duplexes on adjacent lots (sold together). Rare ''quad'' setup ideal for investors seeking immediate cash flow and portfolio expansion. Unit mix includes: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA. Property offers off-street parking and garage. Located on a corner lot with O&I zoning, providing flexibility for continued residential use or potential conversion to other permitted uses (buyer to verify). Currently fully income-producing. Conveniently situated near hospital, shopping, businesses, and beaches--strong rental demand area. Great opportunity for investors looking for stable income with upside potential.
Additional Information
- Amenities
- See Remarks
- Interior Features
- Other
- Zoning
- O&I
- Flooring
- Vinyl
- Heating
- Electric, Forced Air
- Air Conditioning
- Central Air
- Levels
- One
- Roof
- Shingle
- Foundation
- Slab
- Parking Features
- Gravel, Off Street
- Garage Spaces
- 1
- Elementary School
- Sunset
- Middle School
- Williston
- High School
- New Hanover
- View
- Other
Listing courtesy of Intracoastal Realty Corporation.