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About This Home

This 5-bedroom, 3-bathroom residential multi family at 308 Church Street in Wilmington, NC is listed for $1,075,000 ($344 per sqft). Built in 1889, the home offers 3,125 sqft of living space on a 0.07 acres lot.

Agent Description

Unique opportunity to own a three unit investment property in historic downtown Wilmington. Timeless charm meets modern updates in the Cumming-Taylor House, a stunning Queen Anne residence built in the late 1800's and ideally situated on a quiet brick-lined street in the heart of the historic district.

Rich in character and thoughtfully updated, the home welcomes you with a wraparound front porch leading into a formal foyer. Inside, you'll immediately notice soaring ceilings, hardwood floors, and intricate trim work that reflect the craftsmanship of the era.

The property is configured into three separate units: the first and second floors each offer spacious two bedroom, one bath apartments, while the third floor features a charming one bedroom, one bath unit. An ideal set up for maximizing rental income and cash flow.

Each unit enjoys access to private outdoor spaces, including porches or decks, along with a generously sized fenced backyard. Off-street parking, a rare find in downtown, adds to the property's rental appeal for both short-term and vacation guests. Located just blocks from the riverwalk, restaurants, shops, and local attractions, this property presents an excellent opportunity as an high-income producing asset for either short term or long term rentals with an established rental history and strong guest reviews.

Key Features

  • Built in 1889
  • 0.07 acre lot
  • 3 stories

Property Details

3 stories
3 full
1889

Amenities

A/C

Monthly Cost Estimate

$5,749/mo

20% down · 6.5% · 30 years

Principal$777
Interest$4,658
Insurance$314

Estimates only. Actual payments may vary.

Location

308 Church Street

Wilmington, NC 28401

Historic District

Features & Amenities

Interior Features

High CeilingsCeiling Fan(s)Blinds/Shades

Property Details

Flooring

WoodTileLvt/lvp

Construction

Wood Siding Wood Frame

Pool Features

DeckPorch

Parking

Off Street

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Central Air

Appliances

Electric OvenElectric CooktopWasherRefrigeratorRangeDryerDishwasher

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 308 Church Street is listed at $1,075,000 ($344/sqft). The estimated monthly payment is $4,658 based on 20% down at 6.5% interest.

Key features include: Built in 1889, 0.07 acre lot, 3 stories. Interior Features: High Ceilings, Ceiling Fan(s), Blinds/Shades.

This property is listed by Jesse A Canady and can be reached at 9102317377 or Jesse@saltandstonenc.com.

JC

Jesse A Canady

Agent at Salt and Stone Property Group

(910) 231-7377

Listed by Salt and Stone Property Group · View on Broker Site

MLS# 100570893· Source: listhub· Updated 31 days ago

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308 Church Street, Wilmington, NC 28401

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