2723 Castle Hayne Road, Wilmington, NC 28401:
Property Description

Currently there are 3 rental houses on the property, two of which are occupied by tenants. Leases are month to month and the monthly income is $2,180(tenants pay all utilities). Combination Commercial and Residential Land Development property available on Castle Hayne Road. Homes are being sold as-is. Square Footage is only an estimate provided by owners and has not been verified. The property consists of 4.28 acres. This land is made up of three parcels(2723, 2725 and 2727 Castle Hayne Road). The front portion of the property has close to 300 feet of Castle Hayne Road Street frontage. The Front(East)portion of the land is zoned B-1 and the North-West portion of is zoned R-20The two zoning classifications enable you to have a business type use on Castle street and tie in a appropriate R-20 use on the back property. Sub-dividing the property is a possibility but the sellers are not going to split up the parcels. The northern-most home was recently severely damaged by fire. Prior to this it rented for $575 per mo. This is located close to I 1-40 bypass, Downtown Wilmington, ILM Airport and all the growing development in the Castle Hayne Area.

Property Info
Property Type: Multi-Family
MLS Number: 100221236
Lot Size: 4.28 Acres
Waterview: No
Year Built: 1940
Property Sub Type: Quadruplex
Price: $625,000
Waterfront: No
Sale Type: None
Status: Active
Location Details
Community: Castle Hayne
Road Frontage: Public (City/Cty/St)
County: New Hanover
City: Wilmington
Zipcode: 28401
Street Suffix: Road
Property Features
Roof: See Remarks
Air Conditioning:
- Central
- Wall/Window Unit(s)
Appliances: None
Floors: See Remarks
- Municipal Water
- Septic On Site
- Vinyl Siding
- Wood Siding
- Electric
- Baseboard
- Forced ai
Interior Features: None
Exterior Features: None
2723 Castle Hayne Road, Wilmington, NC 28401
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