511 Marstellar St, Wilmington, NC 28401

$350,000
3
BD
1
BA
799
SqFt

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List Price
$350,000
Status
ACTIVE
MLS#
100586361
Price Change
▼ $15,000 1784331786
Days on Market
24
Year Built
1910
Levels
One
Bedrooms
3
Bathrooms
1
Full-baths
1
Living Area
799
Acres
0.20
Neighborhood
Dawson-Greenfield

Property Description

Investor's dream! Rare opportunity to own both 509 and 511, featuring a beautifully renovated 3-bedroom, 1-bath bungalow plus a detached studio apartment above the garage. With income-producing potential and the ability to subdivide the lot (buyer to verify), this property offers incredible flexibility for investors, owner-occupants, or multigenerational living. Nestled beneath a stunning mature live oak on a .20-acre lot, the main home welcomes you with a charming front porch and private driveway. Inside, you'll find refinished hardwood floors, new tile flooring, a beautifully renovated kitchen and bathroom, brand-new kitchen appliances, and fresh paint throughout. Major updates include a new HVAC system (2023), all new windows and exterior doors, updated interior and exterior lighting, and exterior wood replacement. The detached studio apartment creates an excellent opportunity for rental income, a guest suite, or a private home office. Below, the garage provides ample storage, while the detached backyard shed offers even more space for tools and equipment. The fully fenced backyard is a blank canvas with plenty of room for gardening, entertaining, or creating your own outdoor oasis. Located within walking distance of the South Front District and just minutes from Greenfield Lake, the Cargo District, and historic downtown Wilmington. Enjoy easy access to the 5th Avenue bike route, making it simple to reach Wilmington's restaurants, breweries, shopping, and riverfront attractions. Whether you're expanding your investment portfolio, house hacking, or searching for a property with future development potential, opportunities like this are hard to find.

Additional Information

Available Amenities
None
Appliances
Gas Oven
Interior Features
Master Downstairs
Cooling
Central Air
Heating
Electric, Heat Pump
Foundation
Brick/Mortar, Block
Roof
Architectural
Utilities
Sewer Connected, Water Available
Lot Water Features
Other
Water
Public
Elementary School
Forest Hills
Middle School
Myrtle Grove
High School
Hoggard

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Sea Coast Advantage.

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