NOT LISTED FOR SALE

20 22 Virgil Ln Unit 20-22 Wilmington, NC 28412

Longleaf Park Neighborhood
6 Beds
4 Baths
-- Sq Ft
0.34 Acres

Last Sold May 24, 2024

Last sale price $530,000

109 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Porch

About This Home

As of May 2024

Great opportunity to generate income! Welcome to 20 & 22 Virgil Lane in Wilmington, NC. This Fully occupied, duplex offers 3 bedrooms, 2 bathrooms and 1159 soft per unit. Buy and live in one side and rent the other side or buy strictly as an investment and rent out both sides. Rents currently ~4000/month in income with increase potential. Off street parking with paved parking spots. Located just minutes to the Cape Fear River, the port, Novant New Hanover hospital, historic downtown Wilmington and a short drive to local beaches. Interested in expanding your investment portfolio even more? 20-22 Virgil Ln is duplex directly across the parking lot and is being offered separately or combined for a total of four units generating ~8k/month! Low operating expenses and no HOA. Reach out for more details on this amazing investment opportunity.Legal: Lot 20R-B Virgil Lane S/D Belmont Addition

Last Agent to Sell the Property

Sherri Ingle

Intracoastal Realty Corp Listed on: 01/05/2024

Intracoastal Realty Corp

Last Buyer's Agent

Melissa Martin

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,535

Year Built

  • Built in 2008

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50x180x118x97x61x28x87
  • Street terminates at a dead end

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Parking

  • 5 Parking Spaces
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Porch

Schools

  • Sunset Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Belmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number R06509-003-004-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,535

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Party Wall
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Interior Amenities: None
  • Laundry Location: Hookup - Washer, Kitchen
  • List Price per Sq Ft: 240.26
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 6

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Garage And Parking Driveway Spaces: 5.00
  • Parking Driveway: Paved, Shared

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: No

Lot Info

  • Deed Page: 29682971.00
  • Lot Acres: 0.34
  • Lot Description: Dead End
  • Lot Dimensions: 50x180x118x97x61x28x87
  • Lot Sq Ft: 15028.00
  • Lot Water Features: None
  • Plat Book: 54
  • Plat Page: 63
  • Zoning: R-5

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: Tankless Water Heate

Tax Info

  • Tax Identifier: R06509-003-004-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 2535.00

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Sunset
  • High School: New Hanover
  • Middle School: Williston

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $530,000 -4.5% --
04/23/2024 04/23/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $555,000 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100420835

Hive MLS