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$299,000
$299,000
price
0.57
approx. acreage
Land
Farm
prop. type
Real Estate Professional
C.

Description

Calling all investors! This is the one you've been looking for- not only is this .57 acre lot in the popular Piney Woods area of Wilmington, but all of the hard work has already been done for you. The current owner has gone through the process of getting not one but TWO separate duplex/townhome building plans approved by the city. The first duplex consists of two 3 bed./3 bath, 2 story townhomes with 1859 sq. ft. per side and attached 2 car garages. Each side of the second duplex will have 2043 sq. ft. with 3 bed./3 bath, 2 story townhomes and attached 2 car garages as well. All you need to do is start building! Great opportunity for your rental property portfolio or to make a nice return selling new construction. There is no HOA to worry about. This property is only minutes away from Mayfaire shopping, dining, Long Leaf Park, UNCW, and the Wilmington Municipal Golf Course. Only 4 miles to Wrightsville Beach. See attached documents for approved site plans, and blue prints.

Property Highlights

  • Property Type: Land/Farm/Lots
  • MLS #: 100392269

General Information

Total Acres
Total Acres
0.57
Current Use Vacant
Property Subtype Land
Subdivision Piney Woods
Taxes $901

Property Features

Lot Size Acres 0.57
Lot Size Square Feet 25,003
Sewer Public Sewer
Water Source Public
$299,000
$299,000
price
0.57
approx. acreage
Land
Farm
prop. type
Real Estate Professional
C.
Location
4926 Oleander Drive, Wilmington, NC 28403 Driving Directions
Similar Listings
Wilmington
Nearby Schools
Listed by Laura Mathis, Coldwell Banker Sea Coast Advantage-leland.

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