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221 Montgomery Avenue, Wilmington, NC 28405
$125,000
Property Type:
Residential
Bedrooms:
2
Baths:
1
Square Footage:
836
Lot Size (sq. ft.):
4,792
Status:
Pending with Showings
Current Price:
$125,000
List Date:
6/19/2024
Last Modified:
6/26/2024
Description
221 Montgomery Avenue, a small yet delightful historic cottage conveniently located between Midtown and Downtown Wilmington, NC. This property is a dream come true for investors and DIY enthusiasts alike, offering a unique chance to build sweat equity and unleash your creativity. With a brand new roof installed in 2024, you can start your renovation journey from the top down.This approximately 836 sq ft home is currently set up as a 2-bedroom, 1-bathroom with a large living room and formal dining room, complemented by a galley kitchen. The property sits on a large lot and features off street parking upfront and a spacious backyard, providing ample outdoor space for various possibilities. Enjoy the convenience of being close to both Midtown and Downtown Wilmington, where you or your new tenants can get anywhere in town with ease.Perfect for a fix and flip project, this home offers substantial return opportunities for savvy investors. It's also ideal for a handyman or handywoman looking to create a personalized space to call home, as this cottage is a blank canvas awaiting your vision. New construction is going up right next door, adding to the appeal and potential value of this property.The home is in need of renovation, making it an ideal candidate for a total makeover. Whether you choose to rent it out, move in, or flip it, the possibilities are endless. Don't miss out on this rare opportunity to invest in a property with great potential in a prime location. Schedule a viewing today and let your imagination run wild!
More Information MLS# 100451329
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Pending with Showings
Delayed Marketing?: No
Delayed Marketing Date (DM): 2024-06-19
Listing Price: 125000
Current Price: $125,000
List Price/SqFt: 149.52
Sub Agent Comm $/%: %
Buyer Agent Comm: 3
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 221
Street Name: Montgomery
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28405
City Limits: Yes
Marketing City: Wilmington
Subdivision: Ridgecrest
Secondary Subdivision: N/A
Geo Lat: 34.243254
Geo Lon: -77.904916
Remarks and Showing
Directions to Property: South on market, right on Montgomery across from Covil, house on left near the end.
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 0.11
Lot SqFt: 4792
Lot Dimensions: 50'x96'
Waterfront: No
Location Type: Mainland
Property Interior Info
SqFt - Heated (Primary): 836
Total SqFt - Heated (Primary + Separate): 836
# Rooms: 5
# Baths - Full: 1
# Baths - Total: 1
# Bedrooms: 2
Master Bedroom Level: Primary Living Area
Stories: 1
Legal & Taxes
Tax Assessed Value: 73300
Total Real Estate Property Taxes: 619.39
Deed Book: 6264
Deed Page: 1410
Legal: Lt 72 Montgomery Place
Broker Owner: No
PID: R04913-017-038-000
Tax Identifier: R04913-017-038-000
Special Assessments: N/A
Tax Year: 2023
Year Built: 1925
Zoning: R-5
HOA: No
Cobra Zone: No
Elementary School: Freeman
Middle School: Holly Shelter
High School: New Hanover
Status Change Info
Under Contract Date: 2024-06-26
Property Features
Construction: Wood Frame
Exterior Finish: See Remarks
Fencing: None
Foundation: Block
Fuel Tank: None
Parking Features: Off Street; On Site
Patio and Porch Features: Deck; Porch
Roof: Architectural Shingle
Stories/Levels: One
Road Type/Frontage: Public (City/Cty/St)
Cooling: Central; Heat Pump; See Remarks
Heating: Heat Pump; Other-See Remarks
Heating System Fuel Source: Electric; See Remarks
Water Heater: None; See Remarks
Utilities: Municipal Sewer; Municipal Water
Appliances/Equip: None
Fireplace: None
Flooring: Laminate; Wood
Furnished: Unfurnished
Interior Features: 1st Floor Master
Heated SqFt: 800 - 999
Dining Room Type: Formal
Terms: Cash; Commercial
Listing Office: Keller Williams Innovate-Wilmington
Last Updated: June - 26 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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