2888 Worth Drive, Wilmington, NC 28412

$1,600,000
List Price
$1,600,000
Status
ACTIVE
MLS#
100431623
Days on Market
60
Year Built
2008
Acres
1.60
Neighborhood
Belmont
Stipulations
None

Property Description

Discover the perfect blend of opportunity and potential with this prime track of land featuring two duplexes! Nestled in an up and coming central location near the Cape Fear River, State Port, Novant New Hanover Regional Medical Center, historic downtown Wilmington and just a short drive to area beaches, this expansive property offers endless possibilities for investors and developers alike. Whether you're looking to expand your real estate portfolio or embark on a new project, this is the ideal canvas to bring your vision to life. With ample space for growth and strategically designed income-producing duplex units (fully occupied) already in place, capitalize on the booming demand for multi-family housing. Don't miss out on this rare chance to unlock lucrative returns and create a thriving community. Seize the opportunity today!The 1.6 acre track of land is zoned R-5 and is currently in the entitlement process to be divided into 3 lots, which will equate to 19 units, based on current entitlements. Don't miss out on this chance to turn your vision into reality--act now and unlock the lucrative opportunities awaiting you!

Additional Information

Taxes
$1,280
Water Heater
None
Lot Information
See Others, Wooded
Lot Water Features
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Intracoastal Realty Corp.

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