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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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421 Horn Rd , Wilmington, NC 28412
$579,000
Est. Payment: $1,286.67/mo
6 Bed
4 Bath
2196 Sqft
Status: Active | Days on site: 45
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579502006 - 579505524
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House Description

Rare opportunity to purchase a move-in-ready duplex with immediate rental income and owner-occupant potential in a convenient Wilmington location. Each unit features 3 bedrooms, 2 bathrooms, an attached one-car garage, luxury vinyl plank flooring throughout unit 421, carpet and LVP in 423, low-maintenance vinyl siding, and a private fenced courtyard. The left unit is vacant and move-in ready, making it an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. The right unit is currently leased at $1,750 per month to solid long term tenants, providing immediate cash flow from day one. Lease renewed until 4/30/27. Situated on a corner lot with easy access to shopping, dining, downtown Wilmington, and Carolina Beach, this property offers broad appeal for homeowners, investors, and those looking to house hack. A solid option for building equity while generating income or adding a low-maintenance property to your investment portfolio.

Highlights

Listed by Stephanie N Manke , 910-352-9617 BlueCoast Realty Corporation , 910-509-0234.

Property Type

Multi-Family

Lot/Acreage
0.58

Year Built

2004

County

New Hanover

Neighborhood

Silva Terra

Listing ID

100588250

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Electric Oven, Refrigerator, Dishwasher
Air Cond:Central Air
Fireplaces:
Floor:LVT/LVP,Carpet
Other:
  • Additional:Ceiling Fan(s)

Exterior Features

Lot:Corner Lot,Fencing: Back Yard,Outside City Limits
Lot Dimensions:267x94x267x94
Garage Capacity:2
Zoning:r15
Roof:Shingle
Parking Features:Garage Faces Front,Attached,Concrete,Off Street,On Site,Garage,Has Garage
Principal Interest
$1,287
Taxes
$369

Home Price

$579,000

Loan Details

30 yrs
%

Down Payment

20%
$115,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,286.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,286.67 $369.11 $0.00 $1,655.78
Yearly $15,440.00 $4,429.35 $0.00 $19,869.35
Total $463,200.00 $132,880.50 $0.00 $596,080.50

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.