Rare Wilmington Opportunity: Multi-Generational Home with Income Potential!
First time on the market in 50 years! This move-in ready Wilmington gem sits on a quiet, tight-knit street with only four homes on the block, where neighbors have stayed for over 30 years. Featuring a detached studio and massive expansion potential, this property will go fast!
>> Key Features
• Detached Studio: An approximate 400 sq. ft. studio apartment with a private entrance—perfect for rental income, extended family, home gym or a home office.
• Move-In Ready: Freshly painted inside and out with beautiful, original hardwood floors throughout.
• Light & Bright: Packed with large windows that flood the home with natural light.
• Year-Round Comfort: Equipped with air conditioning to beat the summer heat and forced-air heating for the winter.
>> Investor & Builder Potential
• Zoning: Zoned R1.5 on an ample 6,000 sq. ft. lot.
• Expansion: Plenty of room to add multiple units and convert this into a high-yield income property.
• Access: Features convenient private alley entry and exit.
Whether you are a first-time homebuyer looking for a perfect turn-key home or an investor looking to build wealth, this property fits the bill. This will go fast!!!