308 Church Street,Wilmington, NC 28401
Wilmington, NC 28401
Description
Unique opportunity to own a three unit investment property in historic downtown Wilmington. Timeless charm meets modern updates in the Cumming-Taylor House, a stunning Queen Anne residence built in the late 1800's and ideally situated on a quiet brick-lined street in the heart of the historic district. Rich in character and thoughtfully updated, the home welcomes you with a wraparound front porch leading into a formal foyer. Inside, you'll immediately notice soaring ceilings, hardwood floors, and intricate trim work that reflect the craftsmanship of the era. The property is configured into three separate units: the first and second floors each offer spacious two bedroom, one bath apartments, while the third floor features a charming one bedroom, one bath unit. An ideal set up for maximizing rental income and cash flow. Each unit enjoys access to private outdoor spaces, including porches or decks, along with a generously sized fenced backyard. Off-street parking, a rare find in downtown, adds to the property's rental appeal for both short-term and vacation guests. Located just blocks from the riverwalk, restaurants, shops, and local attractions, this property presents an excellent opportunity as an high-income producing asset for either short term or long term rentals with an established rental history and strong guest reviews.
Details
| MLS # | 100570893 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1889 |
| Days On Site | 121 |
| Listing Provided By | Salt and Stone Property Group | Jesse A Canady |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 3,125 |
| Story(s) | 3 |
| Units | 3 |
| Zoning | HD-R |
| Acreage | 0.07 |
| Property View | None |
Interior
| Interior Features | High Ceilings, Ceiling Fan(s), Blinds/Shades |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplaces Total | 3 |
| Laundry Features | Dryer Hookup, Washer Hookup |
| Furnished | Furnished |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Foundation Details | Crawl Space |
| View | None |
| Construction Materials | Wood Siding, Wood Frame |
| Security Features | Smoke Detector(s) |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Off Street |
Utilities
| Utilities | Sewer Available, Water Available |
|---|
Taxes
| Tax Assessed Value | 659800 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | M 1 WILMINGTON BLK 89 |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Historic District |
| Elementary School | Snipes |
| High School | New Hanover |
| Listing VS Median (in Historic District) | |
Price: $1,075,000 low | high Med: $479,900 sqft: 3,125 low | high Med: 3,024 $ / sqft: $344 low | high Med: $159 On site: 121 low | high Med: 119 | |
Market Activity 28401
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Historic District |
| Elementary School | Snipes |
| High School | New Hanover |
| Listing VS Median (in Historic District) | |
Price: $1,075,000 low | high Med: $479,900 sqft: 3,125 low | high Med: 3,024 $ / sqft: $344 low | high Med: $159 On site: 121 low | high Med: 119 | |
