Address
2723 Castle Hayne Road Wilmington, NC
Price
$ 625,000
Property Attributes
  • MLS#100221236
  • TypeMulti-Family
  • CountyNEW HANOVER
  • CityWilmington
  • AreaCastle Hayne
  • NeighborhoodWilmington
  • Zip28401
  • StyleQuadruplex
  • Year Built1940
  • Taxes3728
  • Price$ 625,000
  • Bedrooms7
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size4.28 Acres
Listing Provided Courtesy Of:
Intracoastal Realty Corp
Data Source:
Cape Fear REALTORS
Property Description

Currently there are 3 rental houses on the property, two of which are occupied by tenants. Leases are month to month and the monthly income is $2,180(tenants pay all utilities). Combination Commercial and Residential Land Development property available on Castle Hayne Road. Homes are being sold as-is. Square Footage is only an estimate provided by owners and has not been verified. The property consists of 4.28 acres. This land is made up of three parcels(2723, 2725 and 2727 Castle Hayne Road). The front portion of the property has close to 300 feet of Castle Hayne Road Street frontage. The Front(East)portion of the land is zoned B-1 and the North-West portion of is zoned R-20The two zoning classifications enable you to have a business type use on Castle street and tie in a appropriate R-20 use on the back property. Sub-dividing the property is a possibility but the sellers are not going to split up the parcels. The northern-most home was recently severely damaged by fire. Prior to this it rented for $575 per mo. This is located close to I 1-40 bypass, Downtown Wilmington, ILM Airport and all the growing development in the Castle Hayne Area.

Elementary School Middle School High School
Castle Hayne Elementary School Holly Shelter Middle School Laney High School
Price History
6/8/2020 Listed $625,000

General Features

City Limits No
Construction Wood Frame
County New Hanover
Days on Market 296
Elementary School Castle Hayne
Flooring See Remarks
HOA No
HOA and Neigh Amenities See Remarks
Handicap Accessible None
High School Laney
Legal Description (3.56 ACRES(C) NEW TRACT A OLD OLIVE S WOODS ESTATE/PT LT 10 ROUSE FARM DIV/PT LOTS 10-11 ROUSE FARM
Middle School Holly Shelter
New Construction No
Property Type C
Roof See Remarks
School District New Hanover
Status Active
Stipulation of Sale None
Stories 2.0
Street Name Castle Hayne
Sub-Type Quadruplex
Subdivision Castle Hayne
Tax Year 2019
Terms Cash, Conventional
Utilities Municipal Water, Septic On Site
Water Heater Electric
Waterfront No
Year Built 1940
Zoning B-1 and R-20

Interior Features

Cooling System Central, Wall/Window Unit(s)
Fireplace None
Heating Baseboard, Electric, Forced Air
Interior Features None
Laundry Location None
Total Bathrooms 4.00
Total Bedrooms 7

Exterior Features

Attached Carport Spaces 0.00
Detached Carport Spaces 0.00
Driveway Spaces 10.00
Exterior Features None
Exterior Finish Vinyl Siding, Wood Siding
Fencing None
Foundation Crawl Space
Lot Acres 4.28
Lot Dimensions varies
Lot Water Feature None
Pool None
Porch/Balcony/Deck Porch
Waterview No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 28401

Price
AVG $570K
$630K
Taxes
AVG $2,208
$3,728
Visits
AVG 81
226
Year Built
AVG 1926
1940
Walkscore
AVG 64
38
Data Provided by Walkscore ® not using MLS data

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