5727 Wrightsville Ave, Wilmington, NC 28403, USA (Off Market)

For Sale, USD 1,099,000


5727 Wrightsville Ave, Wilmington, NC 28403, USA,

Property Type : Residential Lot

Property Style : N/A

Build Size : 3,624 ft² / 337 m²

Land Size : N/A

Bedroom : 8

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Exceptional multi-unit investment opportunity just one point three miles from UNCW and only three miles to Wrightsville Beach. This is a premier offering in one of Wilmington's most proven, high-demand rental corridors, an opportunity that is increasingly hard to find at this price point. Positioned on the corner of Wrightsville Avenue and Andover Road, the property offers direct access to the Cross City Trail and easy bike or walking distance to UNCW, an ideal location that consistently attracts tenants and supports strong occupancy. Situated on a generous zero point six nine-acre parcel, the property features four units across two thoughtfully designed duplex-style cottages. Each building includes a three-bedroom, two-bath residence in the front and a private one-bedroom, one-bath unit in the rear, an efficient layout designed to maximize rental income while appealing to a wide tenant base. The three-bedroom units offer high ceilings, an open-concept design, and a split-bedroom floor plan that provides both functionality and privacy, perfect for shared living arrangements. The one-bedroom units are well-appointed with private entry porches, ample storage, and one includes a fully fenced backyard, adding even more tenant appeal. All units are equipped with washer and dryer, stainless steel appliances, and granite countertops, delivering a clean modern finish that supports strong rental rates. Built in 2018 by SD Construction Group, the property was designed for long-term durability and ease of ownership featuring vinyl siding, vinyl plank flooring throughout, and paved parking. A dedicated parking space for every bedroom is a major advantage making the property highly functional and desirable for tenants. This is a true turnkey income-producing asset fully leased with a proven track record of little to no vacancy since entering the rental market. The combination of location layout and low-maintenance construction creates a reliable high-performing investment. Whether you are a UNCW parent looking to offset ownership costs or an investor seeking a stable cash-flowing four-unit property in a prime Wilmington location this opportunity checks all the boxes.
More
5727 Wrightsville Ave, Wilmington, NC 28403, USA, United States is a 3,624ft² United States luxury Residential Lot listed for sale USD 1,099,000. This high end United States Residential Lot is comprised of 8 bedrooms and 0 baths. Find more luxury properties in United States or search for luxury properties for sale in United States.