BEDS3
BATHS1 full
SQUARE FEET1,030
MLS#100577809
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONWinter Park Gardens
SCHOOLNew Hanover
Property Description
Exceptional investment opportunity! Located in burgeoning Midtown Wilmington, this income producing property features 2 move-in ready units in the friendly, quiet neighborhood. Desirable corner lot with and proven short-term rental income: The ''Peachtree Compound'' includes a professionally renovated 3 bedroom bungalow along with a fully detached 2 bedroom ADU built in 2023. flexibility for investors, student accommodations or multi-generational living.The main residence offers 1,030 sq ft, 3 bedrooms, 1 bath, and a fully fenced backyard blending timeless charm with modern updates. The detached ADU features 500 sq ft with 1 king bedroom, 1 bath, additional room with twin bed and built in sleeping loft. Additional private fenced yard, custom bathroom and expertly designed finishes. Designed for maximum indoor-outdoor living, both homes include inviting porches, dedicated private parking, separate utility meters, and natural gas stoves and tankless water heaters.Professionally managed as successful Airbnb/short-term rentals, these guest-favorite properties have hosted film production crews, UNCW visitors, vacationers, and extended-stay guests seeking convenient access to downtown and the beaches. Located just one block from the Cross City Trail, 5 minute drive to UNCW, approximately one mile to Whole Foods, Trader Joe's and only a 12-minute drive to Wilmington's Riverwalk and Wrightsville Beach.Ideal for investors seeking immediate income-producing property, owner-occupants looking to offset expenses, or buyers needing flexible dual-living arrangements. Rare opportunity to own a turnkey dual-property compound in one of Wilmington's most sought-after locations.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s)
Heating: Electric, Forced Air, Heat Pump, Natural Gas
Lot Size: 0.23 Acres
Roof Type: Metal, Shingle
Stories: 1.0
Year Built: 1942
Amenities
Master Downstairs
Walk-in Closet(s)
Kitchen Island
Ceiling Fan(s)
Blinds/Shades
Eat-in Kitchen
Walk-In Closet(s)
Feature Descriptions
Appliances: Gas Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher, Tankless Water Heater, Gas Range
Days on Site: 3
Exterior: Fiber Cement, Wood Frame
Fencimg: Back Yard, Wood
Flooring: LVT/LVP, Tile, Wood
Laundry: In Kitchen, Laundry Closet
Lot: Corner Lot
Lot Dimensions: 60x165
Parcel#: R05518-019-002-000
Parking: Additional Parking, Gravel, Off Street
Parking Notes: Additional Parking, Gravel, Off Street
Patio/Porch: Covered, Patio, Porch, Side Porch
Security: Security Lights, Smoke Detector(s)
Sewer: Municipal Sewer, Cape Fear Public Utility Authority
Special View Info: See Remarks
Utilities: Sewer Available, Water Available
Water: Public
Local Schools
High School: Hoggard
Middle School: Roland Grise
Elementary School: Winter Park
School District: New Hanover
Listed By / Shown By
Listed By
Agency Name: Keller Williams Innovate-Wilmington
Agency Phone: 910-777-2200
Shown By
Agency Title: CENTURY 21 Thomas
Agency Phone: 888-249-2100
Estimate Your Payment
Estimated Payment
$ 1,458.74 per month $1,289.72 Principal & Interest $0.00 Property Tax (data not provided by mls) $169.02 Homeowner's Insurance
4201 Peachtree Avenue | MLS# 100577809
This single family home located at 4201 Peachtree Avenue, Wilmington, NC 28403 is currently listed for sale with an asking price of $579,500. This property was built in 1942 and has 3 bedrooms and 1 full baths with 1030 sq. ft. Peachtree Avenue is located in the Winter Park Gardens subdivision within the New Hanover school district. Search Winter Park Gardens real estate on www.century21thomas.com today.