$425,000
4
Beds
1
Bath
1,322
Living Area
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Property Description
Fixer upper 101...looking for your next project?Savvy buyers want to build some immediate equity?Buy, live in, update, and hold ARV = $650k+. Investors/flippers lots of remodeling possibilities with a large footprint on the main level, 3 finished levels, convert walk-up attic to primary suite, convert small bedroom on 2nd floor to another full bath/laundry. Main level has 3 large interior rooms with a 3 season enclosed porch (on right side) and a screen porch (on the front). Add heat pumps for cooling/heating on 2nd/3rd floors. Connected to town sewer and has natural gas. Deck = 12x8, Enclosed finished porch = 18x7, Screen front porch = 33x6. Fenced yard. Imagine sitting on the front porch with beautiful views of Silver Lake! Walking distance to beach and playground. Close to shopping, dining and all the things we love in Wilmington! Historians believe this may have been a dance hall in the early 20's. Some banks may not finance, speak to your lender 1st before submitting an offer!
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Highlights
- Area: Silver Lake
- Has View: Yes
- Parking Spots: 1
- Property Type: Single Family Residence
- Total Rooms: 8
- Status: Closed
- Cooling: Window Unit(s)
- Heating: Floor Furnace, Natural Gas
- Property Class: Residential
- Style: Colonial
- Year Built: 1878
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Additional Details
- Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
- Exclusions: Personal Property. Buyer's Do Your Own Due Diligence To Verify Facts.
- Flooring: Wood, Vinyl, Flooring - Wood
- Foundation Area: 806
- Lot Features: Corner Lot, Level
- Roof: Shingle
- Year Built Details: Actual
- Zoning: Res
- Construction: Frame
- Exterior Features: Porch - Enclosed, Porch - Screened, Deck - Wood, Fenced Yard
- Foundation: Block, Brick/Mortar
- Interior Features: Center Hall
- Road Frontage Type: Public
- View: Scenic View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Conservation Area, Public School
- Parking Features: Detached, Storage, Paved Drive, Shared Driveway, Off Street, Paved
- Covered Parking Spaces: 1
- Waterfront Features: Beach Front, Lake/Pond, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers, 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $448,400
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 2%
- Taxes: $5,353
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of eXp Realty.
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