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!
This listing is provided courtesy by The Rising Tide Team, Intracoastal Realty Corp
Map may not be 100% accurate.
