2827 Penn St, Wilmington, NC 28412

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Listing courtesy of Intracoastal Realty Corporation.

Sold listing courtesy of Coldwell Banker Sea Coast Advantage-Midtown

Sold Price
$275,000
List Price
$259,900
Status
CLOSED
Days on Market
5
Closing Date
Jul 13, 2026
MLS#
100578989
Subtype
Residential Income
Year Built
1942
Bedrooms
4
Bathrooms
2
Lot Size
10,672
Acres
0.24
Subdivision
Belmont
Neighborhood
Belmont

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

Interior Features
Second Kitchen
Zoning
R-5
Flooring
Vinyl, Hardwood
Appliances
Dryer
Heating
Wall Furnace, Natural Gas
Air Conditioning
Window/Wall
Levels
One
Roof
Architectural, Shingle
Foundation
Crawl Space
Parking Features
Gravel, Unpaved
Elementary School
Sunset
Middle School
Williston
High School
New Hanover
View
Other

Mortgage Calculator

Amount of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

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