Rare opportunity to own a fully occupied income property in Wilmington's established Beasley Road corridor. This parcel includes a classic three-bedroom ranch home plus a legal second-floor garage apartment on the same lot -- ideal for the owner-occupant looking to offset their mortgage, the investor seeking immediate cash flow, or the house-hacker wanting flexibility.
The main home at 400 Beasley Road offers 1,314 square feet of single-story living with three bedrooms, two full baths, and a generous open living and dining layout. The primary bedroom suite features a private bath and walk-in closet. The kitchen opens to the dining room and the rear patio -- a classic, functional floor plan that works equally well for owner-occupancy or long-term rental.
Out back, 402 Beasley Road is a 535-square-foot carriage-style apartment above a garage. The second-floor unit features a private entrance, open living area, full bedroom, kitchen, and bath with walk-in closet. A large covered patio below and a deck off the upper level provide outdoor space for tenants. This is a legal dwelling unit with a separate address -- an asset that commands strong rental demand in the Wilmington market.
Note: a private access easement crosses this parcel per the recorded recombination plat, benefiting the adjacent retained parcel. See plat for alignment details. Sellers are Listing Agents and Licensed NC Real Estate Brokers
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Zillow last checked:
Listing updated:
Listed by:
Luke A Waddell910-599-7081,
Cadence Realty Corporation,
Jarrod Covington252-622-9699,
Cadence Realty Corporation
Source: Hive MLS,MLS#: 100593789Originating MLS: Cape Fear Realtors MLS, Inc.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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