4515 Greenway Avenue
Property Description
Rare opportunity to acquire a portfolio of three newer duplexes (6 total units) in one of Wilmington's strongest rental corridors near UNCW, Wrightsville Beach, shopping, dining, and Wilmington International Airport. The portfolio consists of six 4-bedroom, 3-bathroom units with strong rental history and professional management systems already in place. Current gross income is approximately $169,200 annually with upside potential through future lease renewals and rent adjustments. Tenants pay utilities. Properties feature modern floor plans designed for shared occupancy and have benefited from numerous capital improvements and updates. Sale includes an additional parcel offering potential future development opportunities, subject to buyer due diligence and municipal approvals. Excellent opportunity for investors seeking immediate cash flow, strong occupancy history, and long-term appreciation potential in a highly desirable Wilmington location. Portfolio sale includes 271 S Kerr Ave, 4507 Greenway Ave, and 4515 Greenway Ave. Rent rolls, income statements, surveys, floor plans, and additional due diligence materials available upon request. Seller is a North Carolina Licensed Realtor.
Broker Details
Coastal Properties (910) 264-1974
MLS ID: 579507614 State License Number: 268791
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $2,050,000 |
| No. of Units: | 4 |
| Year Built: | 2022 |
| Lot Size: | 9,792.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $512,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 24 |
| Number of Bathrooms: | 18 |
ID: 3yd-HIVEMLSNC-100583829
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