221 Montgomery Avenue

Wilmington, NC 28405

$125,000

$150 per Sq.Ft.

Pending with Showings
2 beds
1 baths
836 Sq. Ft.
Residential
Built in 1925
MLS #100451329

2 beds

1 baths

836 Sq. Ft.

Residential

Built in 1925

MLS #100451329

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!

Interior Features

Total bedrooms

2 bedrooms

Full bathrooms

1 full bathrooms

Half bathrooms

0 half bathrooms

Kitchen appliances

None

Interior features

Master downstairs

Flooring

Laminate, wood

Cooling

Central air, see remarks

Heating

Other-see remarks, heat pump, electric

Exterior Features

Lot size

0.11 acres

Water front

Fencing

None

Roof

Architectural shingle

HOA Information

HOA

Schools

Elementary school

Freeman

Middle school

Holly Shelter

High school

New Hanover

Other Information

Tax assessed value

$73,300.00

Tax amount

$619.39

Tax year

2023

Zoning

R-5

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Listing provided courtesy of: Keller Williams Innovate-Wilmington. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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About Wilmington

Located on the Southeastern tip of North Carolina and home to more than 100,000 residents, Wilmington is located between the Atlantic Ocean and the Cape Fear River. Wilmington is a charming and contemporary small city with abundant lifestyle options and a thriving business climate.

Market trends

There were 414 new listings in Wilmington last month. The average time on market was 39 days and the average price of new new listings was $676,197. Over the last three months, the average sale price to list price ratio was 97.43%.

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221 Montgomery Avenue