2020 Princess Place Drive, Wilmington, NC 28405 (MLS# 100498824)
2020 Princess Place Drive, Wilmington, NC 28405
$780,000
Property Type:
Multi-Family
Bedrooms:
3
Baths:
3
Square Footage:
2,015
Lot Size (sq. ft.):
4,792
Status:
Active
Current Price:
$780,000
List Date:
4/03/2025
Last Modified:
7/07/2025
Description
Income generating property located close to Downtown, Burnt Mill Creek and Soda Pop District. This Community Business zoned property is currently operating as a short, mid and long term income rental property. There are three units that total 2015 Square Feet. The property is well maintained and units have been nicely updated. There is off-street parking. The zoning opens up a number of other opportunity or one could continue the ongoing operations.
More Information MLS# 100498824
Contract Info
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2025-04-03
Sub-Type: Triplex
Listing Price: 780000
Current Price: $780,000
List Price/SqFt: 387.1
Stipulation of Sale: Standard
Location Information
Street #: 2020
Street Name: Princess Place
Street Suffix: Drive
County: New Hanover
State/Province: NC
Zip Code: 28405
City Limits: Yes
Marketing City: Wilmington
Subdivision: Princess Place
Secondary Subdivision: N/A
Geo Lat: 34.242506
Geo Lon: -77.923456
Remarks and Showing
Directions to Property: Take Market Street toward Downtown. Turn right on 23rd Street, turn left on Princess Place Drive and left on the 21St Street. Property is on the corner.
Sign on Property: Yes
Building Info
New Construction: No
Property ExteriorInterior Info
# Bedrooms: 3
SqFt - Heated (Primary): 2015
Legal and Taxes
Tax Assessed Value: 151200
Deed Book: 5450
Deed Page: 440
Legal: Lot 50 x 100 Greenbrook
Broker Owner: No
PID: R04815-017-011-000
Tax Identifier: R04815-017-011-000
Total Real Estate Property Taxes: 1315.44
Special Assessments: none
Tax Year: 2024
Year Built: 1951
Zoning: CB
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
Water Source
# Meters: 1
Sewer
# Meters: 1
Current Service Providers
Trash Provider: City of Wilmington
Electric Provider: Duke Progress Energy
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Property Features
Attic: None
Basement: None
Construction: Block; Concrete
Exterior Finish: See Remarks
Fencing: Partial; Wood
Foundation: Slab
Fuel Tank: None
Green Bldg Certify: None
Parking Features: Off Street
Patio and Porch Features: Porch
Roof: Membrane
Lot Description: Corner Lot
Lot Water Features: None
Cooling: Central Air
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Available; Sewer Connected; Water Available
Water Source: Municipal Water
Sewer: Municipal Sewer
Fireplace: None
Flooring: Laminate
Furnished: Furnished
Interior Features: Ceiling Fan(s); Wash/Dry Connect
Security Features: Smoke Detector(s)
Laundry Location: None
Dining Room Type: Combination
Terms: Cash; Conventional; Seller Financing
Listing Office: Intracoastal Realty Corp
Last Updated: July - 07 - 2025
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