317 Wright Street, Wilmington, NC 28401 (MLS# 100502999)
317 Wright Street, Wilmington, NC 28401
$385,000
Property Type:
Multi-Family
Bedrooms:
3
Baths:
2
Square Footage:
1,937
Lot Size (sq. ft.):
3,267
Status:
Pending
Current Price:
$385,000
List Date:
4/23/2025
Last Modified:
6/22/2025
Description
Downtown investment opportunity with available VA assumable loan at 3.25%! This top bottom style duplex provides a great opportunity to live in one and rent the other or rent both units to maximize cash flow. Located off the main road this duplex provides easy access to all that downtown has to offer. The first floor features covered front and rear porches. One bedroom with a full bath, a spacious living room and kitchen in the rear with stainless appliances. Upstairs features the same layout but has an extra room that has been used by tenants as a 2nd BR. The house is currently not rented so your options are wide open. Downstairs (unit A) has been renting for $1,300/mo while the upstairs has been renting for $1,450/mo. The duplex has 2 separate electric meters.
More Information MLS# 100502999
Contract Info
Status: Pending
Delayed Marketing?: No
Marketing Start Date: 2025-04-23
Sub-Type: Duplex
Listing Price: 385000
Current Price: $385,000
List Price/SqFt: 198.76
Stipulation of Sale: Standard
Location Information
Street #: 317
Street Name: Wright
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.223236
Geo Lon: -77.943501
Remarks and Showing
Directions to Property: Driving south on third street, cross over Dawson and then turn left on to Wright St. The property is located on the left.
Sign on Property: Yes
Building Info
New Construction: No
Property ExteriorInterior Info
# Bedrooms: 3
SqFt - Heated (Primary): 1937
Legal and Taxes
Tax Assessed Value: 151600
Deed Book: 6517
Deed Page: 2125
Legal: BLK 33 PT E 6 PT 5 WILM
Broker Owner: No
PID: R05413-004-011-000
Tax Identifier: R05413-004-011-000
Total Real Estate Property Taxes: 1318.92
Special Assessments: NA
Tax Year: 2024
Year Built: 1925
Zoning: R-5
Cobra Zone: No
Elementary School: Sunset
Middle School: Williston
High School: New Hanover
Status Change Info
Under Contract Date: 2025-06-21
Electric
# Meters: 2
Property Features
Construction: Wood Frame
Exterior Finish: Vinyl Siding
Fencing: Back Yard
Foundation: Crawl Space
Fuel Tank: None
Parking Features: Off Street
Patio and Porch Features: Covered; Porch
Roof: Metal
Cooling: Central Air
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Available; Water Available
Water Source: Municipal Water
Sewer: Municipal Sewer
Fireplace: None
Flooring: Tile; Wood
Interior Features: Ceiling Fan(s); High Ceilings
Laundry Location: In Kitchen
Dining Room Type: Combination
Terms: Cash; Conventional
Listing Office: Flat Fee Realty and Management LLC
Last Updated: June - 22 - 2025
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