308 Church St, Wilmington, NC 28401

$1,075,000
: 5
BD
: 3
BA

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List Price: $1,075,000
Status: ACTIVE
Days on Market: 91
MLS#: 100570893
Subtype: Residential Income
Year Built: 1889
Bedrooms: 5
Bathrooms: 3
Lot Size: 3,049
Acres: 0.07
Subdivision: Historic District
Neighborhood: Historic District

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Property 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.

201-456-2051

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