221 Montgomery Avenue, Wilmington, NC 28405

$125,000
2
BD
1
BA
836
SqFt
Sold Price
$125,000
List Price
$125,000
Status
CLOSED
MLS#
100451329
Closing Date
Jul 17, 2024
Days on Market
28
Year Built
1925
Levels
One
Bedrooms
2
Bathrooms
1
Full-baths
1
Living Area
836
Acres
0.11
Neighborhood
Ridgecrest
Stipulations
None

Property Description

221 Montgomery Avenue, a small yet delightful historic cottage conveniently located between Midtown and Downtown Wilmington, NC. This property is a dream come true for investors and DIY enthusiasts alike, offering a unique chance to build sweat equity and unleash your creativity. With a brand new roof installed in 2024, you can start your renovation journey from the top down.This approximately 836 sq ft home is currently set up as a 2-bedroom, 1-bathroom with a large living room and formal dining room, complemented by a galley kitchen. The property sits on a large lot and features off street parking upfront and a spacious backyard, providing ample outdoor space for various possibilities. Enjoy the convenience of being close to both Midtown and Downtown Wilmington, where you or your new tenants can get anywhere in town with ease.Perfect for a fix and flip project, this home offers substantial return opportunities for savvy investors. It's also ideal for a handyman or handywoman looking to create a personalized space to call home, as this cottage is a blank canvas awaiting your vision. New construction is going up right next door, adding to the appeal and potential value of this property.The home is in need of renovation, making it an ideal candidate for a total makeover. Whether you choose to rent it out, move in, or flip it, the possibilities are endless. Don't miss out on this rare opportunity to invest in a property with great potential in a prime location. Schedule a viewing today and let your imagination run wild!

Additional Information

Taxes
$619
Appliances
None
Interior Features
Master Downstairs
Cooling
Central Air, See Remarks
Heating
Other-See Remarks, Heat Pump, Electric
Floors
Laminate, Wood
Foundation
Block
Roof
Architectural Shingle
Water
Municipal Water
Sewer
Municipal Sewer
Elementary School
Freeman
Middle School
Holly Shelter
High School
New Hanover

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Innovate-Wilmington. Selling Office: .

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