4920 Pine Street, Wilmington, NC 28403

$399,000 Asking Price

3 beds
2 baths
1,500  sqft
Built in 1955

Unlock the potential of 4920 Pine Street! Perfectly situated in a high-demand area of Wilmington, this property offers a prime opportunity for investors, renovators, flippers, and landlords alike. Located just moments from the University of North Carolina Wilmington (UNCW), local schools, vibrant community hubs, parks and proximity to the beach, this home promises unbeatable location advantages for future tenants or owners.The property features a spacious 1,000-square-foot detached garage building that's ready for transformation! This space is perfectly suited for conversion into an apartment or a mother-in-law suite. Imagine the added value of a private, fully equipped living area for guests, extended family, or tenants, offering comfort and privacy just steps away from the main residence. Also, the property has a public service alley in the rear and there is a side alley between 4920 Pine and the neighbor, so access to the front and rear of the property is very easy. There is, additionally, a 185 sq ft sunroom off the kitchen. With strong rental demand in this sought-after area, 4920 Pine Street is positioned to provide a great return on investment. Whether you're looking to renovate and add value, flip for profit, or establish a reliable rental income stream, this property is the perfect canvas. Take advantage of Wilmington's growing appeal and make your mark on this investment gem.Don't miss out on a rare chance to own in one of Wilmington's hottest locations!

Features & Amenities

Interior

General:
Workshop
Flooring:
Tile,Wood
A/C:
Central
Heating:
Heat Pump, Electric

Construction

Roofing:
Shingle

Location

County:
New Hanover

Lot

Zoning:
R-15, LOT 221 SEC C PINEY WOODS, R06107-007-002-000

This listing courtesy of:
Intracoastal Realty Corp

About Wilmington, NC

Housing

Number of Units
106,487
Median Home Value
$297,369
Median Rent
$942

40.10% of housing units are renter occupied.

10.15% are vacant.

Commute

Car
64.28%
Public Transportation
0.34%
Walk to Work
1.40%
Work from Home
33.44%
Other
0.18%

The median travel time to work is 14 minutes.

People

Population
218,382
Median Age
40.40
Median Household Size
2.50

Education

High School
19.57%
Associate’s Degree
9.69%
Bachelor’s Degree
28.58%
Graduate Degree
15.26%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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