229 N 31st Street Wilmington, NC ^$ 729,900

229 N 31st Street

^$ 729,900

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New Construction

229 N 31st Street

Wilmington, NC, 28405

^$ 729,900

Bedrooms8 Baths8.2

Monthly Estimate*

^$ 5,099

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Multi-Family Home for sale in Wilmington, NC

for $729,900 with 8 bedrooms and 8 full baths, 2 half baths. This home was built in 2023 on a lot size of 0.16.

Brand New Duplex with amazing finishes! 1772 Sqft 4 Bedroom 4 bathroom PER unit.Duplex total is 8 bedrooms 8 bathrooms and 3,544 Sqft. Each unit is identical. LVP flooring, granite countertops, Stainless Steel Appliances, Master on first and second floor and a nice big open floor plan. Great size backyard with patio area. Amazing loan options available to buy and live in one side and rent the other side. Or buy strictly as an investment and rent out both sides. Projected rents are between 2600-3000 a month for each unit for a total of 5200-6000 a month income. Everything is new and under warranty! Off street parking with paved driveways. The duplex was just apprised for $785,000 and happy to share appraisal. Reach out for more details.

Multi-Family Active

Price

^$ 729,900

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 1,059

Style

Duplex

Lot Size

0.16

Year Built

2023

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100414994

Features

Interior

Interior Features None

Fireplace None

Total Bedrooms 8

Laundry Location Room

Street Suffix Street

Total Bathrooms 8.00

Stories 2nd Floor

General

Construction Wood Frame

Heating Heat Pump

Cooling Central

Possession At Closing

Roof Shingle

Zoning Residential

New Construction Yes

Subdivision Montgomery Place

Stories 2.0

County New Hanover

Stipulation of Sale None

Property Type C

HOA No

Terms Cash Conventional FHA VA Loan

Tax Year 2023

Lot Sqft 7057.00

Days on Market 174

City Limits Yes

Sub-Type Duplex

Waterview No

Year Built 2023

City Wilmington

Middle School Holly Shelter

Street Name 31st

High School New Hanover

HOA and Neigh Amenities No Amenities

Elementary School Freeman

Legal Description LOT 118A REDIV MONTGOMERY PLACE

Location Type Mainland

Exterior

Foundation Slab

Waterfront No

Fencing None

Exterior Finish Vinyl Siding

Lot Dimensions irregular

Parking Features Concrete Off Street On Site Paved

Lot Acres 0.16

Attached Carport Spaces 0.00

Detached Carport Spaces 0.00

* Excluded Features

List By

The Domenico Grillo Real Estate Team

Listing Agent

Keller Williams Innovate-Wilmington

Broker

domenicogrillorealestate@gmail.com

Affordability Calculator

$5,187

Per Month

Monthly Principal & Interest: $5,099
Monthly Property Taxes: $88
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Wilmington, NC

Average List Price ^$703,650

Percent of Sale Price 4%

About Wilmington, NC

122,120 Population

35% Since 2002

^$47,464 Median Income

36.47 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3959353 Elementary School

3960470 Middle School

New Hanover High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/16/2023	$729,900		Listed Price

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229 N 31st Street, Wilmington, NC, 28405 is a Multi-Family Home for sale at $729,900 with a lot size of 0.16. 229 N 31st Street has 8 bedrooms, 8.2 baths, and was built in 2023. The property's zip code is 28405 which is in Wilmington, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Copyright 2019 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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229 N 31st Street

Multi-Family Home for sale in Wilmington, NC

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