Wilmington, NC 28401 509 Walnut Street
$337,000
8 more
Presented By: Jeffrey G Hovis with Intracoastal Realty Corporation.
Beds • 5
Baths • 2
SQFT • 1,792
Home Details
This prime real estate opportunity in Downtown Wilmington, NC features a duplex with 3 bedrooms and 1.5 bathrooms in one unit and 2 Bedroom and 1 bath in the other. . Located in a high-demand area, this property is ideal for investors seeking robust rental yields or owner-occupants looking to live in one unit while generating income from the other.
Presented By: Jeffrey G Hovis with Intracoastal Realty Corporation.
Interior Features for 509 Walnut Street
Bedrooms
Total Bedrooms5
Bathrooms
Total Baths2
Other Interior Features
SmokingYNNo
Air Conditioning Y/NYes
Attic FeaturesAccess Only
BasementNone
Basement (Y/N)No
Fireplace Y/NNo
FlooringLVT/LVP, Tile
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesDryer Hookup, Washer Hookup
Total Stories2
Other Rooms
Room TypeDining Area
General for 509 Walnut Street
AppliancesElectric Oven, Refrigerator
Attached Garage No
Carport Spaces0.0
Carport Y/NNo
CityWilmington
Construction MaterialsAluminum Siding, Wood Frame
CoolingWall/Window Unit(s)
CountyNew Hanover
DirectionsTraveling north on 4th st turn right onto Walnut, and the home is up a block on the left
Elementary SchoolSnipes
Garage Y/NNo
Gross Income28560.0
HOANo
HeatingBaseboard, Electric
High SchoolNew Hanover
Home Warranty Y/NNo
In City Limits? (Y/N)Yes
IslandOrMainlandMainland
Land Lease Y/NNo
Lease Considered Y/NNo
Legal DescriptionWm 5 Wilmington Blk 222
LevelsTwo
Lot Size Square Feet3223.0
Lot Size UnitsAcres
Middle/Junior High SchoolWilliston
New ConstructionNo
Number Of Units Total2
Operating Expense3887.0
Parcel NumberR04813-034-018-000
Patio/Porch FeaturesCovered, Front Porch
PossessionSubject To Tenant Rights
Property Attached Y/NNo
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
Standard StatusActive
StatusActive
Structure TypeWood Frame
Subdivision NameRankin Place North
Tax Assessed Value326300
Tax Year2025
Taxes$1,920
UtilitiesElectricity Connected, Sewer Connected, Water Connected
ViewSee Remarks
Year Built1920
ZoningHD-R
Exterior for 509 Walnut Street
Building Area Total1792.0
Crops Included Y/NNo
Exterior FinishAluminum Siding
FencingBack Yard
Foundation DetailsCrawl Space
Frontage TypeSee Remarks
Horse Y/NNo
Lot Dimensions66 x 49
Lot Size Acres0.07
Lot Size Area0.07
Parking FeaturesOn Street
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
New Hanover High School
Middle School
Williston Middle School
Elementary School
Snipes Elementary School
