$125,000
$125,000
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2 Beds
1 Bath
836 SqFt
SOLD DATE : 07/17/2024
Key Details
Sold Price $125,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 836 sqft
Price per Sqft $149
Subdivision Ridgecrest
MLS Listing ID 100451329
Sold Date 07/17/24
Style Wood Frame
Bedrooms 2
Full Baths 1
HOA Y/N No
Originating Board North Carolina Regional MLS
Year Built 1925
Annual Tax Amount $619
Lot Size 4,792 Sqft
Acres 0.11
Lot Dimensions 50'x96'
Property Description
221 Montgomery Avenue, a small yet delightful historic cottage conveniently located between Midtown and Downtown Wilmington, NC. This property is a dream come true for investors and DIY enthusiasts alike, offering a unique chance to build sweat equity and unleash your creativity. With a brand new roof installed in 2024, you can start your renovation journey from the top down.This approximately 836 sq ft home is currently set up as a 2-bedroom, 1-bathroom with a large living room and formal dining room, complemented by a galley kitchen. The property sits on a large lot and features off street parking upfront and a spacious backyard, providing ample outdoor space for various possibilities. Enjoy the convenience of being close to both Midtown and Downtown Wilmington, where you or your new tenants can get anywhere in town with ease.Perfect for a fix and flip project, this home offers substantial return opportunities for savvy investors. It's also ideal for a handyman or handywoman looking to create a personalized space to call home, as this cottage is a blank canvas awaiting your vision. New construction is going up right next door, adding to the appeal and potential value of this property.The home is in need of renovation, making it an ideal candidate for a total makeover. Whether you choose to rent it out, move in, or flip it, the possibilities are endless. Don't miss out on this rare opportunity to invest in a property with great potential in a prime location. Schedule a viewing today and let your imagination run wild!
Location
State NC
County New Hanover
Community Ridgecrest
Zoning R-5
Direction South on market, right on Montgomery across from Covil, house on left near the end.
Location Details Mainland
Rooms
Primary Bedroom Level Primary Living Area
Interior
Interior Features Master Downstairs
Heating Other-See Remarks, Heat Pump, Electric
Cooling Central Air, See Remarks
Flooring Laminate, Wood
Fireplaces Type None
Fireplace No
Appliance None
Exterior
Garage Off Street, On Site
Waterfront No
Roof Type Architectural Shingle
Porch Deck, Porch
Building
Story 1
Foundation Block
Sewer Municipal Sewer
Water Municipal Water
New Construction No
Others
Tax ID R04913-017-038-000
Acceptable Financing Commercial, Cash
Listing Terms Commercial, Cash
Special Listing Condition None
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5960 Fairview Rd Ste. 400, Charlotte, NC, 28210, United States