305 Macmillan Avenue N
Property Description
6.9% CAP rate - Investor opportunity in PRIME Midtown Wilmington location within 4 blocks of UNCW campus! Renovated duplex features two 3BR/3BA units, ample gravel parking, large lot with potential for future building/storage, and fenced rear yard. Property offers excellent flexibility for investors seeking rental income or an owner-occupant looking to live in one unit while renting the other. Covered porch, and patio provide additional space to relax and entertain. Metal roof installed in 2019. High rental demand in this location, with tenants already in place, makes this a turnkey investment opportunity. Appointment required; tenant occupied.
Broker Details
Coldwell Banker Sea Coast Advantage (910) 799-3435
MLS ID: 496507317 State License Number: 40150690
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $709,900 |
| No. of Units: | 2 |
| Year Built: | 1917 |
| Lot Size: | 2,781.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $354,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 6 |
ID: 3yd-HIVEMLSNC-100607026
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