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31540392
31540407

1421 Wellington Avenue, Wilmington, NC, USA, New Hanover County, NC 28401 For Sale

JH
NC 234605
Intracoastal Realty Corp
Listed by Intracoastal Realty Corp
$1,065,000
111 days on market
Updated 15 days ago

1421-1425 Wellington Avenue

Details
APN R065015-001-001-000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,542
Units 4
Price per SqFt $301
Year Built 1974
Buildings 2
Zoning O&I

Multifamily | 4 Units | $266,250/unit

Marketing description

Turnkey 4-unit investment opportunity featuring two duplexes on adjacent lots (sold together). Rare “quad” setup ideal for investors seeking immediate cash flow and portfolio expansion.

Unit mix includes: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA. Property offers off-street parking and garage.

Located on a corner lot with O&I zoning, providing flexibility for continued residential use or potential conversion to other permitted uses (buyer to verify).

Currently fully income-producing. Conveniently situated near hospital, shopping, businesses, and beaches—strong rental demand area.

Great opportunity for investors looking for stable income with upside potential.

Listing Contacts

JH
NC 234605
Intracoastal Realty Corp
Listed by Intracoastal Realty Corp

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Additional Information

Name
Jeff Hovis
License
234605
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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