460 Racine Drive 2 Units, Wilmington, NC 28403

New Listing
$270,000
Property Type: Multi-Family Bedrooms: 4 Baths: 4 Square Footage: 1,400 Status: Active
Current Price: $270,000 List Date: 12/04/2025 Last Modified: 12/04/2025

Description

Great Opportunity to purchase a portfolio of Campus Edge Units. 2 separate units with 2 bedrooms and 2 bathrooms each in different buildings B & C, all located near the community Pool, front office and coin laundry facility. A short distance to UNCW, College Road Shopping Dining and easy access to Downtown or Wrightsville Beach! Please note traditional financing is unlikely an option with investor ratio. Only one person allowed per bedroom and leases are 6 months minimum, no Short Term Rentals.

More Information MLS# 100525669

Contract Info

Delayed Marketing?: No Sub-Type: Duplex List Price/SqFt: 192.86 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-08-18 Listing Price: 270000 Current Price: $270,000

Location Information

Unit #: 2 Units City Limits: Yes Marketing City: Wilmington Secondary Subdivision: N/A Street #: 460 Street Name: Racine Street Suffix: Drive County: New Hanover State/Province: NC Zip Code: 28403 Subdivision: Campus Edge Geo Lat: 34.231639 Geo Lon: -77.872296

Remarks and Showing

Sign on Property: No Directions to Property: College Road to Eastwood or New Centre Drive, turn left then right on Racine. Campus Edge will be on your right.

Building Info

New Construction: No

Property Exterior/Interior Info

Lot Acres: 0 Lot SqFt: 0 Lot Dimensions: Condominium Waterfront: No Waterview: No Location Type: Mainland # Baths - Total: 4 # Total Units: 2 Fireplace Y/N: No Stories: 3 Owner Occupied: No Property Mgmt Company: Yes Financials Available: No

Legal and Taxes

Tax Assessed Value: 133700 Deed Book: 6214 Deed Page: 2811 Legal: Unit C-109 Campus Edge I Broker Owner: No PID: R05508-002-015-065 Tax Identifier: R05508-002-015-131 Plat Book: 6 Plat Page: 222 Special Assessments: none Known Tax Year: 2025 Zoning: MF-H HOA: Yes Cobra Zone: No Elementary School: College Park Middle School: Williston High School: New Hanover Year Built: 1984

Garage & Parking

Attached Garage Spaces: 0 Detached Garage Spaces: 0 Total # Garage Spaces: 0 Total Carport Spaces: 0

Parking Features

Parking Lot: 1

HOA and Neigh Amenities

Coin Laundry: 1 Community Pool: 1 Maint - Grounds: 1 Maintenance Structure: 1 Master Insure: 1 Pest Control: 1 Roof Maintenance: 1 Sewer: 1 Street Lights: 1 Termite Bond: 1 Trash: 1 Water: 1

HOA

Association Fee 1/Year: 4282.12 Association Name: Campus Edge Condominiums Association Phone: 9103956001 HOA 1 Mgmt. Company: Cape Fear Management HOA 1 Mgmt. Phone: 9103956001

Frontage Type

See Remarks: 1

View Type

See Remarks: 1

Construction

Block: 1

Exterior Features

End Unit: 1

Exterior Finish

Stucco: 1

Terms

Cash: 1 See Remarks: 1

Fencing

None: 1

Foundation

Slab: 1

Flooring

LVT/LVP: 1 Tile: 1

Fuel Tank

None: 1

Patio and Porch Features

Covered: 1 Patio: 1

Roof

See Remarks: 1

Levels

Entry Level: 1 Interior: 1

Cooling

Central Air: 1 Heat Pump: 1

Heating

Forced Air: 1 Heat Pump: 1

Heating System Fuel Source

Electric: 1

Water Heater

Electric: 1

Utilities

Sewer Connected: 1 Water Connected: 1

Water Source

County Water: 1

Sewer

County Sewer: 1

Appliances/Equip

Electric Oven: 1 Refrigerator: 1

Interior Features

None: 1

Side/Unit 1

Total Rooms: 3 # of Bedrooms: 2 Full Baths: 2 Avg SqFt: 700 Furnished: No Rent: 1375 Occupied: Yes

Side/Unit 1 Cooling

Central: 1 See Remarks: 1

Side/Unit 1 Heating

Electric: 1 Forced Air: 1

Side/Unit 1 Features

Kitchen: 1 Patio/Balcony/Deck: 1

Side/Unit 1 Rent Frequency

Other: 1

Side/Unit 2

Total Rooms: 3 # of Bedrooms: 2 Full Baths: 2 Avg SqFt: 700 Furnished: No Rent: 1440 Occupied: Yes

Side/Unit 2 Cooling

Central: 1 See Remarks: 1

Side/Unit 2 Heating

Electric: 1 Forced Air: 1

Side/Unit 2 Features

Kitchen: 1 Patio/Balcony/Deck: 1

Side/Unit 2 Rent Frequency

Other: 1

Property ExteriorInterior Info

# Bedrooms: 4 SqFt - Heated (Primary): 1400

Property Features

Frontage Type: See Remarks View Type: See Remarks Construction: Block Exterior Features: End Unit Exterior Finish: Stucco Fencing: None Foundation: Slab Fuel Tank: None Parking Features: Parking Lot Patio and Porch Features: Covered; Patio Roof: See Remarks Levels: Interior Cooling: Central Air; Heat Pump Heating: Forced Air; Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Sewer Connected; Water Connected Water Source: County Water Sewer: County Sewer Flooring: Tile; LVT/LVP Interior Features: None HOA and Neigh Amenities: Coin Laundry; Community Pool; Maint - Grounds; Maintenance Structure; Master Insure; Pest Control; Roof Maintenance; Street Lights; Termite Bond; Trash; Water Terms: Cash; See Remarks
Listing Office: Intracoastal Realty Corp
IDX
Last Updated: December - 04 - 2025
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