28 Virgil Lane, Unit 2628

Wilmington, NC 28412

$555,000
Price
6
Beds
4
Baths
2,318 Sq. Ft.
$239 / Sq. Ft.
2,318
Sq. Ft.
$239
per Sq. Ft.

Description

Great opportunity to generate income! Welcome to 26 & 28 Virgil Lane in Wilmington, NC. 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...Great opportunity to generate income! Welcome to 26 & 28 Virgil Lane in Wilmington, NC. 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. Low operating expenses and no HOA. Reach out for more details on this amazing investment opportunity.
  1. Listed by The Rising Tide Team • Intracoastal Realty Corp
  2. Listed by Bridget White • Intracoastal Realty Corp

Property Details for 28 Virgil Lane, Unit 2628

Parking Features
Paved, Shared Driveway
Subdivision Name
Belmont
Zoning
R-5
Parking Total
.00
Waterfront
No

Location

Listing Courtesy of Intracoastal Realty Corp
Add your commute
LISTING UPDATED: 04/23/2024 02:10 PM

Property Details for 28 Virgil Lane, Unit 2628

StatusActive
MLS #100420821
Days on Market122
Taxes$2,482 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built2008
Lot Size0.25 AC / 10,846 SF
CountyNew Hanover County

Location

Listing Courtesy of Intracoastal Realty Corp
Add your commute

Building Information for 28 Virgil Lane, Unit 2628

Stories2Residences-Year Built2008Building Size-Lot Size0.25 AC / 10,846 SF

Payment Calculator

$3,236 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,029

Property Taxes

$207

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 28 Virgil Lane, Unit 2628

Summary
Location and General Information
  • City: Wilmington
  • State Or Province: NC
  • Postal Code: 28412
  • County Or Parish: New Hanover
  • Directions: East on Shipyard (heading towards the port). Left on Worth Dr. Right on Virgil Ln.
  • Latitude: 34.18
  • Longitude: -77.94
  • Number Of Units In Community: 2
  • City Limits: Yes
  • Secondary Subdivision: N/A
  • Property Exterior Interior Info: Waterfront: No
  • Building Info: Waterview: No
  • Property Exterior Interior Info: Location Type: Mainland
  • Legal and Taxes: Zoning Details: R-5
Taxes and HOA
  • Tax Other Assessment Amount Frequency: N/A
  • Association Fee: $.00
  • Tax Legal Description: Lot 20R-B Virgil Lane S/D Belmont Addition
  • Tax Book Number: 54
  • Tax Map Number: R06509-003-005-000
  • Tax Year: 2023
  • Tax Assessed Value: $293,700.00
  • Parcel Number: R06509-003-005-000
  • Tax Block: 63
  • Association: No
  • Tax Annual Amount: $2,481.77
  • Legal and Taxes: HOA: No
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 6625
  • Legal and Taxes: Deed Page: 29682971.0
  • Legal and Taxes: Legal: Lot 20R-B Virgil Lane S/D Belmont Addition
  • Legal and Taxes: PID: R06509-003-005-000
  • Legal and Taxes: Plat Book: 54
  • Legal and Taxes: Plat Page: 63
  • Legal and Taxes: Tax Assessed Value: $293,700.00
  • Legal and Taxes: Total Real Estate Property Taxes: $2,481.77
  • Legal and Taxes: Tax Year: 2023
Parking
  • Carport Spaces: .00
  • Attached Garage: No
  • Attached Garage Spaces: .00
  • Detached Garage Spaces: .00
  • Total Carport Spaces: .00
  • Parking Driveway: Paved: Yes
  • Parking Driveway: Shared: Yes
School Information
  • Middle Or Junior School: Williston
  • High School: New Hanover
  • Elementary School: Sunset
  • Legal and Taxes: Elementary School: Sunset
  • Legal and Taxes: Middle School: Williston
  • Legal and Taxes: High School: New Hanover
Property
Lot Information
  • Lot Features: Dead End
  • Lot Size Units: Acres
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Dimensions: 118x97x113x96
  • Building Area Total: 2318.0
  • Lot Size Square Feet: 10846.0
  • Property Exterior Interior Info: Lot Dimensions: 118x97x113x96
  • Property Exterior Interior Info: Lot Acres: 0.25
  • Property Exterior Interior Info: Lot Sq Ft: 10846.0
  • Side Unit 1: Avg Sq Ft: 1159.0
  • Side Unit 2: Avg Sq Ft: 1159.0
Property and Assessments
  • Structure Type: Party Wall
  • New Construction: No
  • Year Built: 2008
  • Legal and Taxes: Special Assessments: N/A
  • Construction: Party Wall: Yes
  • Foundation: Slab: Yes
Green Features
  • Green Building Certify: None19: Yes
Utilities
  • Sewer: Municipal Sewer
  • Water Source: Municipal Water
  • Utilities: Municipal Sewer: Yes
  • Utilities: Municipal Water: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Stories Levels: Two: Yes
  • Association Amenities: No Amenities
  • Construction Materials: Steel Siding, Vinyl Siding
  • Roof: Shingle
  • Fencing: Wood
  • Patio And Porch Features: Porch
  • Exterior Finish: Steel Siding: Yes
  • Exterior Finish: Vinyl Siding: Yes
  • Fencing: Wood: Yes
  • Fuel Tank: None: Yes
  • Porch Balcony Deck: Porch: Yes
  • Foundation Details: Slab
Interior Features
  • Levels: Two
  • Flooring: Carpet, Tile
  • Basement: None
  • Cooling: Central Air
  • Fireplace Features: None
  • Heating: Forced Air
  • Laundry Features: Hookup - Dryer, Washer Hookup
  • Bathrooms Total Integer: 4
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Notational: 4.00
  • Cooling: Yes
  • Heating: Yes
  • Fireplace: No
  • Bedrooms Total: 6
  • # Baths - Total: 4.00
  • Flooring: Carpet: Yes
  • Flooring: Tile: Yes
  • Cooling System: Central: Yes
Mobile Home
Mobile/Manufactured Home
  • Park Manager Name: No
Multi Family
Multi-Family Information
  • Income Property: Yes
  • # Total Units: 2.00
Unit 1
  • Total Rooms: 7
  • # of Bedrooms: 3
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: No
  • Rent: $1,900.00
  • Cooling: Central2: Yes
  • Cooling: None22: Yes
  • Heating: Forced Air: Yes
  • Rent Frequencys: Monthly: Yes
  • Owner Pays: Lawn Maintenance: Yes
  • Owner Pays: WaterSewer: Yes
Unit 2
  • Total Rooms: 7
  • # of Bedrooms: 3
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: No
  • Rent: $1,950.00
  • Occupied: Yes
  • Cooling: Central: Yes
  • Heating: Forced Air: Yes
Unit 3
  • Occupied: Yes
Rental
Rental Information
  • Side Unit 2 Rent Frequency: Monthly: Yes
  • Property Exterior Interior Info: Pets: Possible

Property History for 28 Virgil Lane, Unit 2628

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 28 Virgil Lane, Unit 2628

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Sunset Park Elementary
PublicK to 5

Williston Middle
Public6 to 8

New Hanover High
Public9 to 12

J. C. Roe Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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28 Virgil Lane, Unit 2628 is a multi-family home for sale in Wilmington, NC 28412. This property was listed for sale on January 4, 2024 by Intracoastal Realty Corp, it's currently listed at $555,000. This listing's school district is New Hanover County School District. Nearby schools include Sunset Park Elementary, Williston Middle and New Hanover High. 28 Virgil Lane, Unit 2628 is a 6-bed, 4-bath, 2,318 sqft multi-family home built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Intracoastal Realty Corp

The data relating to real estate on this website comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright© 2024 North Carolina Regional MLS LLC. All Rights Reserved.