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Off market
  • $645,500

    516 Grace St #2, Wilmington, NC 28401

    3beds
    2,200sqft
    MultiFamily
    Built in 1895
    -- sqft lot
    $645,500 Zestimate®
    $293/sqft
    $1,947 Estimated rent

    Home value

    $645,500

    $562,000 - $749,000

    $1,947/mo

    Zestimate® history
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    $3,703/mo

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    What's special

    We are selling our historic downtown duplex after a decade of loving it and the cashflow it provided us!. The downstairs unit is a 2/1.5 bath apartment with 1100 square feel. It was completely gutted and remodeled in 2008 and includes new hvac, insulation, plumbing/ hvac, etc. Brand new kitchen with quartz countertops, brand new bathrooms, complete layout was reconfigured to include an oversized french door off of the kitchen leading to a deck in the fenced in back yard. We put our hearts and souls into this renovation. The upstairs unit is the upstairs flat, a large 1.5 bedroom also 1100 square feet. It could easily be turned into a two bedroom apartment. As is, it has always rented without difficulty, but can pull in a prettier penny if it is given the cosmetic updates it deserves. This is an incredible opportunity to buy/ invest in one of the most sought after locations in historic downtown Wilmington. Historic duplexes are literally impossibly to find in the growing northside area of historic downtown. This will go fast. Our last historic downtown rental sold to a cash buyer, which benefitted both us and the buyer in terms of realtor fees, so we are giving cash buyers first priority. Please text or email. Thanks. 910.297.2629

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Heat pump, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,200 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: On-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: City

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1895

    Community & HOA

    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $293/sqft

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    3/27/2019Listing removed$359,999$164/sqft
    Source: Owner Report a problem
    12/14/2018Price change$359,999+89.5%$164/sqft
    Source: Owner Report a problem
    11/24/2018Listed for sale$190,000$86/sqft
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Northside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $645,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $645,500