1504 Orange StreetWilmington, NC 28401
- Residential Income
- $539,000
- 1,288 SQFT
Turnkey investment opportunity in the heart of Wilmington! This permitted duplex-style property is ideal for investors, house hackers, or flexible living arrangements. The main house features two bedrooms, one bath, and a brand-new kitchen with washer/dryer, fridge, stove, and dishwasher. The attached studio, with its own private entrance, offers a full kitchen and bath, perfect for rental income or a guest suite. This property is fully furnished and has generated $40,000 in rental revenue over the past 12 months from a mix of month-to-month and short-term rentals. Recent updates include HVAC modifications, a new mini-split for the studio, sealed crawl space with dehumidifier, Foamax insulation, and a 20-foot sewer line replacement. The back gate has been widened for easy access, and both HVAC systems were serviced in September 2024. With a certificate of occupancy post-renovation, this property is ready to generate income from day one. Located in a highly walkable area, this home is just minutes from Wilmington's booming Cargo District, a creative hub filled with breweries, coffee shops, boutiques, and repurposed shipping container spaces. It's also a short walk to Castle Street's thriving arts and dining scene, home to vintage shops, local galleries, and some of the city's most talked-about restaurants. Easy access to downtown, the Riverwalk, and area beaches makes this an ideal location for both residents and renters alike. Don't miss this prime investment in one of Wilmington's most sought-after areas!
- Last Checked
- 1 minute ago
- Last Updated
- Apr 23, 2025
- Days on Website
- 43
Property Details for 1504 Orange Street
1504 Orange Street is a residential_income commercial space for sale in Wilmington, NC 28401.
Rooms
- Bedrooms:
- 3
- Features:
- Crawl Space
Exterior
- Patio:
- Covered, Patio, Porch
- Fencing:
- Back Yard, Wood
Heating & Cooling
- Cooling:
- Yes, Central Air
- Heating:
- Yes, Electric, Heat Pump
Parking
- Features:
- On Street
- Attached Garage:
- No
Lot
- Acres:
- 0.1
- Total SQFT:
- 4,400
- Dimensions:
- 41X107
- Parcel Number:
- R05406-011-021-000
- Road Frontage:
- Maintained, City Street, State Road
- Road Surface:
- Paved
- Zoning:
- R-5
Community
- Subdivision:
- Not In Subdivision
- County:
- New Hanover
- Waterfront:
- No
Address
- Street Number:
- 1504
- Street Name:
- Orange
- City:
- Wilmington
- State:
- NC
- Zip:
- 28401
- Directions:
- From Castle St, turn right onto S 17th St, left onto Orange St, home will be on the left
- Coordinates:
- -77.929607, 34.234141
Pricing
- Type:
- Sale
- List Price:
- $539,000
Bathrooms
- Bathrooms:
- 2
Interior
- Features:
- Kitchen Island, Master Downstairs, 9Ft+ Ceilings, Apt/Suite, Ceiling Fan(s), Furnished, Walk-in Shower, Eat-in Kitchen
- Windows:
- Blinds
- Appliances:
- Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Dryer, Dishwasher
Utility
- Water:
- Municipal Water
- Sewer:
- Municipal Sewer
Building
- Type:
- Commercial, Residential Income
- Design:
- Wood Frame
- Year Built:
- 1923
- New Construction:
- No
- Construction Materials:
- Asbestos
- Roof:
- Architectural Shingle
- Total SQFT:
- 1288
- Stories:
- 1
- Levels:
- One
Includes
- Number of Units:
- 2
Schools
- Elementary School:
- Snipes
- Middle School:
- Williston
- High School:
- Hoggard
Status
- MLS ID:
- 100496102
- Status:
- Active
- Published Date:
- Wednesday, March 12, 2025 (43 Days Ago)
Please contact Aspyre Realty Group at eXp Realty direct by phone at 910-241-0404. You may also reach eXp Realty by phone at .
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Listing Provider for 1504 Orange Street
Offered by Red Door Company. Information Not Guaranteed. © Triangle MLS Inc. All rights reserved. Listings marked with a TMLSidx icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
- Agent:
- Aspyre Realty Group
- Agent Phone Number:
- 910-241-0404
- Office:
- eXp Realty
- Office Phone Number:
- MLS ID:
- 100496102
- Data Source:
- Hive MLS
- Last Checked:
- 1 minute ago
- Last Updated:
- April 23, 2025 1:13 PM UTC
- Days on Site:
- 43
