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$354,999

4 Beds 2 Baths 1,350 SQFT 0.23 Acres

Type: Contingent

2803 Chappell Avenue
Wilmington, NC 28412

MLS#: 100568677

Jack Hamilton

Hamilton Realty Group

Team Leader

Phone: 336.669.3775

Office: 888.584.9431

Visit Website

Presented by: Ben P Morrow with High Tide Realty LLC.

Property Description

This well-maintained duplex offers a perfect blend of immediate rental income and owner-occupant potential. Featuring two mirrored layouts and significant recent upgrades, this property is a standout addition to any portfolio. Each of the two units features a functional, space-efficient floor plan. Each unit features 2 bedrooms, 1 bathroom with a kitchen and living room. One unit is currently rented out to a very long term 20+year tenant. The other unit is rent ready and features new stainless steel appliances, butcher block countertops, new kitchen cabinets, and new flooring. The roof was replaced in mid 2022. This property is ideal for an investor looking for 2 units for cashflow or ''house hackers'' who want to occupy one side and use the other unit for rental income. Don't miss out on this versatile multi-family gem--schedule your showing today!

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

SmokingYNNo

Air Conditioning Y/NYes

Attic FeaturesAccess Only

Basement (Y/N)No

Fireplace Y/NNo

FlooringCarpet, Vinyl

Heating Y/NYes

Interior AmenitiesNone

Total Stories2

Water HeaterElectric

General

AppliancesElectric Oven, Refrigerator

Association AmenitiesNone

Attached Garage No

Carport Spaces0.0

Carport Y/NNo

CityWilmington

Construction MaterialsWood Siding, Wood Frame

CoolingCentral Air

CountyNew Hanover

DirectionsCollege Rd south. Right on Carolina Beach Rd. Left on Shipyard. Left on Vance. Right on Rutledge. Left on Chappell.

Elementary SchoolWilliams

Garage Y/NNo

HOANo

HeatingElectric, Forced Air, Heat Pump

High SchoolNew Hanover

Home Warranty Y/NNo

In City Limits? (Y/N)Yes

IslandOrMainlandMainland

Land Lease Y/NNo

Lease Considered Y/NNo

Legal DescriptionLOT 87 BELMONT

LevelsTwo

Lot Size Square Feet10019.0

Lot Size UnitsAcres

Middle/Junior High SchoolWilliston

New ConstructionNo

Number Of Units Total2

Operating Expense0.0

Parcel Number0

Patio/Porch FeaturesFront Porch, Rear Porch

PossessionClose Of Escrow, At Closing

Property Attached Y/NNo

Property SubtypeDuplex

Property TypeResidential Income

RoofShingle, See Remarks

Standard StatusActive Under Contract

StatusPending with Showings

Structure TypeWood Frame

Subdivision NameBelmont

Tax Assessed Value$264,400

Tax Year2025

ViewSee Remarks

Year Built1978

ZoningR-5

Exterior

Building Area Total1,350 sqft

Crops Included Y/NNo

Exterior AmenitiesNone

Exterior FinishWood Siding

FencingBack Yard, None

Foundation DetailsSlab

Frontage TypeSee Remarks

Horse Y/NNo

Lot Dimensions140x70

Lot FeaturesCorner Lot

Lot Size Acres0.23

Lot Size Area0 sqft

Parking FeaturesOn Site

Road Frontage TypePaved

Road Surface TypePaved

SpaNo

Total Parking0.0

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

High School New Hanover High School

Middle School Williston Middle School

Elementary School Williams Elementary School

Similar Properties

$354,999

4 Beds 2 Baths 1,350 SQFT 0.23 Acres

Type: Contingent

2803 Chappell Avenue
Wilmington, NC 28412

MLS#: 100568677

Jack Hamilton

Hamilton Realty Group

Team Leader

Phone: 336.669.3775

Office: 888.584.9431

Visit Website

Email Address (Must be valid)

My information will be handled in accordance with Hamilton Realty Group's Privacy Policy and Hamilton Realty Group's Terms and Conditions.

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Property

$354,999

2803 Chappell AvenueWilmington, NC 28412

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$354,999

2803 Chappell AvenueWilmington, NC 28412

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2803 Chappell Avenue
Wilmington, NC 28412

2803 Chappell Avenue
Wilmington, NC 28412