2888 Worth Dr

Wilmington, NC 28412 View Map $1,600,000 Schedule a Tour
Sq.Ft. Lot69,522
Year2008

Smith & Associates Real Estate Solutions

(252) 258-8168

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Status: Active
Property Type:Unimproved
MLS #:100431623
On Site:45 Days
Lot Size:69,522 Sq. Ft.
County:New Hanover
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!

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$000 Monthly Payment
Loan and interest only.

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Community Information

Address:2888 Worth Dr, Wilmington, NC 28412
Secondary Subdivision:N/A
Subdivision:Belmont
Zip Code:28412

Property Features

Lot Size: 1.6 Acres / 69,522 Sq. Ft.
Lot Dimensions:300x276x279x208 Irregular
Lot Features: See Others, Wooded
Road Frontage: City Street, State Road
Road Surface: Paved
Zoning:R-5
Directions:Take 3rd Street to Carolina Beach Road, turn right on Shipyard Blvd, turn left on Worth Drive. Duplexes on Virgil and land on Worth Drive.

Tax and Financial Info

Buyer Agency Compensation Type: %
Tax Year: 2023
Tax Annual Amount: $1,280.18
Listing Terms: Cash, Conventional
Documents Available: Floor Plan, Floor Map, Residential Property Disclosure, Survey
Legal Description: BLK:3 DIST:WM CITY/MUNI/TWP:WILMINGTON RIVER ROAD MAP REF:MAP 6509

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2888 Worth Dr Wilmington,  NC 28412
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2888 Worth Dr Wilmington, NC 28412
 
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Listing provided courtesy of Intracoastal Realty Corp.