4928 Oleander Drive, Wilmington, NC 28403

$399,000
1,833
SqFt
List Price
$399,000
Status
ACTIVE
MLS#
100175232
Days on Market
7
Year Built
1940
Living Area
1,833
Acres
0.63
Neighborhood
Pine Grove

Property Description

Income producing property located near midtown. The property has 3 single family structures that are currently 100% occupied. The front house is a 3 bedroom-2 bathroom, 2nd home is a 1 bedroom- 1 bathroom. and the 3rd home is a 1 bedroom-1 bathroom. The lot is .63 of an acre (27,443 SF) in size. Has plenty of off street parking of tenants. Property is located in the Residential Office District. The zoning allows for the conversion of the existing single-family homes to office or other low-intensity uses. See zoning area for complete information on all use by right and other related potential uses. The property currently has an annual Gross income of $34,200. There is potential improvement in existing rent rates and lease income potential for an a more intense allowable u

Additional Information

Occupancy %
100.00
Taxes
$2,067
Cooling
Central, Wall/Window Unit(s)
Heating
Heat Pump
Water Heater
Electric, Natural Gas
Floors
Carpet, Vinyl, Wood
Foundation
Block
Roof
Shingle
Exterior Finish
Asbestos - Shingle, Vinyl
Lot Water Features
None
Sewer
City Water, Municipal Sewer, Municipal Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Intracoastal Realty Corp.

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