3 Beds
2 Baths
1,205 SqFt
3 Beds
2 Baths
1,205 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,205 sqft
Price per Sqft $502
Subdivision Not In Subdivision
MLS Listing ID 100590073
Style Wood Frame,Stick Built
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 2025
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 141'x91'
Property Sub-Type Single Family Residence
Source Hive MLS
Property Description
The numbers: the main residence is leased at $3,250/month through 12/30/2026 to an in-place tenant, and the detached accessory dwelling unit, with its own kitchen, full bath, bedroom area, and laundry connections, offers estimated additional rental income of ~$1,300/month. Combined projected gross income of approximately $54,600/year. County-only taxes (outside city limits), no HOA, and keep carrying costs low. Rent roll and lease available to qualified buyers.
The lease term also creates flexibility: an investor steps into immediate cash flow, while a buyer planning to occupy can take possession of the main home at lease end this December - or live in the ADU now and let the main house cover the mortgage. House hackers: run the math on occupying one unit while the other pays you.
The main home is a recently built single-story plan with an open living/dining area, granite countertops, stainless appliances, LVP flooring throughout, and a covered front porch. The ADU sits privately behind the main residence.
Location drives the rents: less than a mile to the public boat ramp at Trails End Park, with quick access to the Intracoastal Waterway, Masonboro Island, and area beaches, and minutes to Monkey Junction and midtown shopping and dining. Masonboro Elementary / Myrtle Grove / Hoggard district.
Investor package with rent roll, lease, and income detail available on request.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning R-15
Direction From CVS at 3625 College Rd, head toward Waltmoor Rd and turn onto NC-132 S (College Rd). Continue for approximately 1.3 miles, then bear left onto Mohican Trail. Continue another 1.3 miles and turn left onto Masonboro Loop Rd. 4615 Masonboro Loop Rd, Wilmington, NC 28409, will be on your right.
Location Details Mainland
Rooms
Other Rooms Guest House
Primary Bedroom Level Primary Living Area
Interior
Interior Features Ceiling Fan(s)
Heating Electric, Heat Pump
Cooling Central Air
Exterior
Parking Features Off Street
Utilities Available Sewer Connected, Water Connected
View None
Roof Type Shingle
Porch Front Porch
Garage No
Building
Entry Level One
Foundation Raised, Slab
Water Public
Level or Stories 1
New Construction No
Schools
Elementary Schools Masonboro Elementary
Middle Schools Myrtle Grove
High Schools Hoggard
Others
Tax ID R07213-010-003-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Nearby Locations
"Seeing my clients find the perfect home is the most rewarding part of my job! Please do your research on your desired neighborhood. There's nothing worse than buying the perfect home in the wrong place!"