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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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5315 Andover Rd , Wilmington, NC 28403
$375,000
Est. Payment: $833.33/mo
3 Bed
2 Bath
1150 Sqft
Status: Active | Days on site: 7
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House Description

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.

Highlights

Listed by Mark C Reiser , 910-352-6110 Coastal Properties , 910-256-8171.

Property Type

Residential

Lot/Acreage
0.46

Year Built

1964

County

New Hanover

Neighborhood

Green Acres

School District

New Hanover

Listing ID

100602750

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Oven, Electric Cooktop
Air Cond:Central Air
Fireplaces:
Floor:LVT/LVP,Wood
Water:Public

Exterior Features

Lot:Stream,Fencing: Chain Link,Fencing: Back Yard
Lot Dimensions:irregular
Garage Capacity:0
Zoning:R-15
Roof:Shingle
Parking Features:Unpaved,Off Street
Principal Interest
$833
Taxes
$239

Home Price

$375,000

Loan Details

30 yrs
%

Down Payment

20%
$75,000
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Monthly Price:
$833.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $833.33 $239.06 $0.00 $1,072.40
Yearly $10,000.00 $2,868.75 $0.00 $12,868.75
Total $300,000.00 $86,062.50 $0.00 $386,062.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wilmington, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.