Located above the Italian restaurant Tarantelli's

Close to dining, shopping, and entertainment

102 S 2nd Street Unit 218

Wilmington, NC 28401

$449,000

$550 per Sq.Ft.

Active
2 beds
2 baths
816 Sq. Ft.
Residential
Built in 1988
MLS #100577836

2 beds

2 baths

816 Sq. Ft.

Residential

Built in 1988

MLS #100577836

Welcome to Unit 218 at Tarrymore Condominiums -- a fully furnished 2-bedroom, 2-bath condo offering an incredible turnkey Airbnb/VRBO investment opportunity in the heart of historic downtown Wilmington. With bookings already in place, this income-producing property is ready for its next owner to step in and start generating revenue immediately. Offering 816 square feet of comfortable coastal living, this well-maintained unit features durable LVP flooring, an open and inviting layout, ceiling fans, blinds, and a bright functional design that appeals to both short-term guests and personal use alike. Being sold fully furnished and stocked, this condo makes ownership seamless and stress-free. Tarrymore Condominiums provide guests and owners access to a shared indoor common area perfect for relaxing and gathering, along with convenient on-site laundry facilities. The location is truly one of the property's strongest features. Situated just minutes from Wilmington's famous Riverwalk, the Cape Fear River, Live Oak Bank Pavilion, restaurants, breweries, coffee shops, boutique shopping, and vibrant nightlife, guests can experience the best of downtown living right outside their door. Plus, area beaches including Wrightsville Beach are just a short drive away, making this a highly desirable destination for visitors year-round. Whether you are looking to grow your short-term rental portfolio, secure a downtown getaway, or invest in one of Wilmington's most sought-after areas, Unit 218 offers location, convenience, and immediate income potential all in one. You have to walk up the stairs to the second floor to access units - no elevator. 102 S 2nd Street, Unit 215 is also for sale. MLS #100577824

Interior Features

Total bedrooms

2 bedrooms

Full bathrooms

2 full bathrooms

Half bathrooms

0 half bathrooms

Kitchen appliances

Electric oven, electric cooktop, built-in microwave, refrigerator

Interior features

Ceiling fan(s), furnished, walk-in shower

Flooring

Lvt/lvp

Cooling

Central air

Heating

Electric, forced air

Exterior Features

Water front

Water features

None

Fencing

None

Exterior features

See remarks, brick, stone

Roof

Shingle

HOA Information

HOA

Yes

HOA fees

$10,909.08

HOA amenities

Roof maintenance, maint - comm areas, maint - roads, maintenance structure, master insure, trash

Utilities

Sewer connected, water connected

Schools

Elementary school

Snipes

Middle school

Williston

High school

New Hanover

Other Information

Tax assessed value

$362,900.00

Tax amount

$1,110.48

Tax year

2025

Zoning

CBD

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Listing provided courtesy of: Miller and Hooks Realty LLC. 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 450 new listings in Wilmington last month. The average time on market was 54 days and the average price of new new listings was $603,897. Over the last three months, the average sale price to list price ratio was 96.37%.

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Homes for sale

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102 S 2nd Street Unit 218