1105 Ann Street, Wilmington, NC 28401 (MLS # 100532862)

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View Virtual Tour PRICE $515,000 BEDS 4 BATHS 3 HOME SIZE 2,030 sqft LOT SIZE 7,841 sqft Request More Info Schedule a Showing

Do not miss this 2-for-1 investment opportunity in downtown Wilmington! Located on a quiet street, this spacious 4-bedroom, 3-bathroom home comes with an additional vacant lot for a total of 0.18-acres creating the potential for multiple investments. With your personal touch, this home would make a great primary residence or investment property. The attached vacant lot could serve as a very large backyard space for entertaining or could be the future home to an income producing ADU or second home. Boasting over 2,000 square feet the home provides a large, separate flex space upstairs with a bedroom and bathroom for guests who would like to maintain their privacy. Another standout feature is that the home comes with covered, off street parking that has a 614 square foot storage room above with electricity. The home is also equipped with a natural gas whole home generator. A rare downtown opportunity that offers so much untapped potential! This house + land duo provides ample room to expand, customize, and create income producing investments, all while being just steps away from the vibrant energy of the city. Whether you are a savvy investor looking for your next AirBNB or a first time homebuyer, this property offers immense potential for long term value and creates new development opportunities. This is the extremely rare investment opportunity in downtown Wilmington you have been looking for! Home is located just 5 minutes from Wilmington's infamous Riverwalk and 20 minutes to Wrightsville beach. Just 3 blocks from Robert Strange park, playground, and tennis/pickleball courts.