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- 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