Under Contract

2020 Princess Place Drive

Wilmington, NC 28405

$719,000 $3,031/Mo

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Overview

Bed

Bath

0.11

Acre(Lot)

Description

Income generating property located close to Downtown, Burnt Mill Creek and Soda Pop District. This Community Business zoned property is currently operating as a short, mid and long term income rental property. There are three units that total 2015 Square Feet. The property is well maintained and units have been nicely updated. There is off-street parking. The zoning opens up a number of other opportunity or one could continue the ongoing operations.

Property Details

Property Type : Residential Income

Price : $719,000

AD Id : 69964929

MLS Id : 100543464

Beds : 3

Lot Size : 0.11 Acre

Year Built : 1951

County : New Hanover

Subdivision: Beach Haven Park

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 3

Room Information

Basement: None
Flooring Information

Laminate
Roofing Information

Membrane
Interior Features

Ceiling Fan(s) Roof: Membrane Appliances: Electric Oven, Refrigerator, Dryer, Dishwasher, Microwave, Electric Water Heater Laundry Features: None
Heating & Cooling

Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1951 Building Area Total: 2015 Construction Materials: Block, Concrete, See Remarks Stories: 1 Patio And Porch Features: See Remarks, Porch Pool Features: None Private Pool: No

Lot Information

Lot Dimensions: 50 x 99 Main Square Feet: 0.11 Acres Lot Size Acres: 0.11 Lot Size Square Feet: 4792 Lot Description: Corner Lot

Property Information

Subdivision: Princess Place Source Property Type: Residential Income Property SubType: Triplex Property Age: 75

Listing Price Information

Listing Price: $719000 Cash, Conventional

Tax Information

Parcel Number: R04815-017-011-000 Tax Block: 0 Tax Year: 2025 Annual Tax: $1762.57

Parking Information

Off Street

School Information

Elementary School: Snipes

Junior High School: Williston

Senior High School: New Hanover
Utility Information

Sewer Available, Water Available, Sewer Connected
Location Information

Direction: From Downtown take Market Street east. Turn left on N 23rd Street, turn left on Princess Place and property is on the left hand side at Princess Place and 20th Street. WaterSource: Public Security Features: Smoke Detector(s)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
322 Lance Drive, Wilmington, NC, 28405	$749,900	5	4	--
407 Maides Avenue, Wilmington, NC, 28405	$2,800,000	35	19	--

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The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 06/16/2026 @ 18:40

MLS: 100543464 LISTED BY: Jeffrey Hovis, Intracoastal Realty Corporation SOURCE: Hive MLS (North Carolina Regional)