5315 Andover Road

Wilmington NC 28403

1150 sq. ft.

20038 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Great opportunity in an established central Wilmington location! This 3-bedroom, 2-bath brick ranch sits on a spacious approximately 0.46-acre lot and offers no HOA. The large lot provides plenty of outdoor space along with potential for an accessory dwelling unit (ADU), subject to applicable zoning and permitting requirements. The home offers a functional layout, two full bathrooms, and the classic character of an established Wilmington neighborhood. Currently tenant-occupied at $2,100/month on a month-to-month basis, with the tenant interested in staying, making this an attractive option for an investor looking for immediate rental income. It could also be a great opportunity for a future owner-occupant. Conveniently located near UNCW, shopping, dining, Wrightsville Beach, and downtown Wilmington. No HOA, large lot, ADU potential, solid rental history, and a desirable central location make this one worth a look. Owner is a licensed North Carolina real estate broker.

Features

3 bedrooms

2 bathrooms

1150 sq. ft. floor area

20038 sq. ft. lot size

Single-Family

Property history for 5315 Andover Road

2022

Sold

$200,000

04 Jan 2022 by Jennifer Farmer, of Coldwell Banker Sea Coast Advantage - Wilmington

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