Property Description

Exceptional investment opportunity! Located in burgeoning Midtown Wilmington, this income producing property features 2 move-in ready units in the friendly, quiet neighborhood. Desirable corner lot with and proven short-term rental income: The ''Peachtree Compound'' includes a professionally renovated 3 bedroom bungalow along with a fully detached 2 bedroom ADU built in 2023. flexibility for investors, student accommodations or multi-generational living.The main residence offers 1,030 sq ft, 3 bedrooms, 1 bath, and a fully fenced backyard blending timeless charm with modern updates. The detached ADU features 500 sq ft with 1 king bedroom, 1 bath, additional room with twin bed and built in sleeping loft. Additional private fenced yard, custom bathroom and expertly designed finishes. Designed for maximum indoor-outdoor living, both homes include inviting porches, dedicated private parking, separate utility meters, and natural gas stoves and tankless water heaters.Professionally managed as successful Airbnb/short-term rentals, these guest-favorite properties have hosted film production crews, UNCW visitors, vacationers, and extended-stay guests seeking convenient access to downtown and the beaches. Located just one block from the Cross City Trail, 5 minute drive to UNCW, approximately one mile to Whole Foods, Trader Joe's and only a 12-minute drive to Wilmington's Riverwalk and Wrightsville Beach.Ideal for investors seeking immediate income-producing property, owner-occupants looking to offset expenses, or buyers needing flexible dual-living arrangements. Rare opportunity to own a turnkey dual-property compound in one of Wilmington's most sought-after locations.

Property Features

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