2827 Penn St, Wilmington, NC 28412

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Sold Price
$275,000
List Price
$259,900
Days on Market
5
Closing Date
Jul 13, 2026
MLS#
100578989
Lot Size
10,672
Acres
0.24
County
New Hanover
City
Wilmington
Zip
28412
Subdivision
Belmont
Year Built
1942

Property Description

Attention investors and house-hackers! Welcome to 2825 & 2827 Penn Street, a highly desirable side-by-side duplex located in the heart of Wilmington, NC. This rare, low-maintenance income property features two distinct units, making it the perfect addition to any real estate portfolio or an ideal opportunity to live in one side and rent out the other. Each unit boasts a functional layout with classic hardwood flooring, separate utility meters, and a spacious shared yard. Situated in a quiet, established neighborhood with no HOA restrictions, this property offers incredible ease of management and maximum rental flexibility. Enjoy a stellar location just minutes from Downtown Wilmington's historic Riverfront, local dining, shopping, and major transit routes. With a strong historical rental market in the area and immediate cash-flow potential, this duplex is a true ''set-it-and-forget-it'' investment. Opportunities like this on Penn Street don't last long--schedule your tour today and start building equity!

Additional Information

Cooling
Window/Wall
Heating
Wall Furnace, Natural Gas
Roof
Architectural, Shingle
Utilities
Natural Gas Available, Natural Gas Available, Sewer Available, Water Available, Electricity Available, Electricity Available, Phone Available, Sewer Connected, Water Available
View
Other

Listing courtesy of Listing Agent: The Rising Tide Team () from Listing Office: Intracoastal Realty Corporation.

Listing courtesy of Listing Agent: The Rising Tide Team () from Listing Office: Intracoastal Realty Corporation.

Selling Office: Coldwell Banker Sea Coast Advantage-Midtown.

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