4914 Waltmoor Road

Wilmington NC 28409

17163 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Great investment property or starter home. 3 Bedrooms and 2 full bathrooms on a nice lot located in the very sought after midtown area of Wilmington with no HOA. Each bathroom has natural sunlight coming through a round-type skylight, and there is a large skylight on the living room. 1-Car attached garage. This property is located in one of the most desirable school districts in Wilmington. sidewalk and cross-city trail right across the street. This home is in close proximity to Wade Park, grocery stores, pharmacies, restaurants, banks, intercostal boat ramp, and more. Tenant occupied; it has been a rental property for a few years and it shows the expected wear and tear of a typical rental property. The current tenant tenant is willing to stay at a rate to be negotiated with the new owner, or will vacate with a 30-day notice. Be ready to customize this home to your liking, but don't wait too long to schedule your private showing.This property has great potential as a Short Term Rental (ArBnB and/or VRBO type of rental) due to its location and the fact that the city has recently lifted the permit requirement and buffer restrictions; plus, there is no HOA. Financials from an active neighboring short term retal (same floor plan) are available so that the buyer can evaluate the potential as an STR.Home is being sold as a 1031 exchange that involves the sale of another property; so, sellers will favor offers with a flexible closing date.

Features

3 bedrooms

2 bathrooms

1 carspace

17163 sq. ft. lot size

Single-Family

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