Currently there are 3 rental houses on the properties, two of which are occupied by tenants. Single Family unit is rented month to month and duplex is on year lease and the monthly income is $3,138 (tenants pay all utilities and lawn maintenance). Combination Commercial and Residential Land Development property available on Castle Hayne Road. Homes are being sold as-is. Square Footage is only an estimate provided by owners and has not been verified. The property consists of 4.28 acres. This land is made up of three parcels(2723, 2725 and 2727 Castle Hayne Road). The front portion of the property has close to 300 feet of Castle Hayne Road Street frontage. The Front(East)portion of the land is zoned B-1 and the North-West portion of is zoned R-20The two zoning classifications enable you to have a business type use on Castle street and tie in a appropriate R-20 use on the back property. Sub-dividing the property is a possibility but the sellers are not going to split up the parcels. The northern-most home, previously a rental was severely damaged by fire. Buyers agent to confirm actual SF of homes- Only estimated and being sold as is at no value. This is located close to I 1-40 bypass, Downtown Wilmington, ILM Airport and all the growing development in the Castle Hayne Area.
This listing is provided courtesy by Don A Spiers, Intracoastal Realty Corp
Map may not be 100% accurate.
