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$699,900
4
beds
2
baths
2,914
sqft
Real Estate Professional
C.

Description

Unique Opportunity To Purchase 2 Homes On 1 Parcel With Subdivision Approved! Great for investors to get 2 parcels from 1, for savvy buyers who may live in one and rent the other, or those who need extra space for in-laws or family members. This unique downtown property consists of a huge street-to-street parcel featuring 205 N 22nd Street and 206 Lake Drive. The attractive main home consists of 4 bedrooms and 2 full bathrooms. Step inside this brick home with loads of charming features like high baseboards and millwork to notice hardwood floors throughout. A formal living room with side entrance and fireplace leads into a formal dining room. Easy access to the nearby eat-in kitchen with oversized pantry/laundry space which makes entertaining and everyday living a breeze. A cozy den in the rear of the home provides additional living space and a bedroom and full hall bathroom with tub completes the first floor. Upstairs, find 3 well-sized rooms with an updated hall bathroom. A raised platform deck welcomes you into the backyard oasis professionally designed with irrigated flower beds for beautiful, low maintenance landscaping. A strategically placed fence marks the start of the rear property so you can easily combine or separate as you see fit. The rear property faces Lake Drive and has a 2 bedroom/1bathroom apartment. This space features a fully updated kitchen, living room and porch along with a 1 car garage on one side and a 2-car garage on the other plus an in-unit stackable washer/dryer. It maintains its own yard space and parking, though the driveway from 22nd street can run all the way through to the garage of this property. Rental values expected in the 1600+/month range for the apartment unit, not to mention the value of the garages or possibility for expansion! Do not wait- contact us for a showing!

Property Highlights

  • Patio/Deck: Deck, Enclosed, Patio, Porch
  • Heating / Cooling: Central
  • Property Type: Single Family, Single Family Residence
  • MLS #: 100364868

General Information

Property Subtype Residential
Property Type Single Family Residence
Subdivision Princess Place

Room Information

Full Baths 2
Laundry Inside
Total Baths 2
Total Beds 4

Property Features

Construction Materials Block, Brick
Cooling Central Air
Fencing Fenced, Full, Back Yard
Heating Forced Air, Natural Gas
Interior Features In-Law Floorplan
Interior Square Footage 2,914
Lot Size Acres 0.37
Lot Size Dimension 60x238x63x51x51x67x150
Lot Size Square Feet 16,117
Other Structures Guest House
Patio Features Deck, Enclosed, Patio, Porch
Rooms 13
Sewer Public Sewer
Stories Two
Total Parking 6
Water Source Public
$699,900
4
beds
2
baths
2,914
sqft
Real Estate Professional
C.
Location
205 N 22nd Street, Wilmington, NC 28405 Driving Directions
Similar Listings
Wilmington
Nearby Schools
Listed by Mariel Gniewoz-Weiss, Keller Williams Innovate-wilmington.

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