922 S 2nd St, Wilmington, NC 28401

Single Family / 2 Bedroom(s) / 1 Bath(s)

Property Status:  For Sale | $175,000.00 (Wholesale)

Property Photos
922 S 2nd St (Image - 1)

Wilm Rehab !!

Property Status:
This Property is currently...
  • Status:  For Sale | $175,000.00 (Wholesale)
Property Details:
Single Family / 2 BR / 1 BA
Property Style:
1-Story
Year Built:
1923
Finished Sq Ft:
714
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
Porchlight Advisors LLC
(828) 406-7178

View on Individual's Website
Property Description:

🏡 Investment Opportunity in Wilmington, NC!
📍 922 S 2nd St, Wilmington, NC 28401
💰 Price: $175,000 (Includes $10k Assignment Fee)
Property Details:
Beds/Baths: 2 Bed / 1 Bath
EMD: $100 | Due Diligence: $500
Inspection Period: 14 Days | Closing: 30 Days
Comp:
Nearby property at 1015 S 2nd St (3 Bed / 2 Bath) recently sold for $280k. Adjusting for the added bed and bath, this property’s ARV is conservatively $260k. Given the prime location—close to downtown and Front St., in a walkable area with a new apartment complex nearby—it has great potential as an Airbnb. With the right touches, $280k ARV is realistic.
Estimated Rehab: $30k
Updates Needed:
Flooring
Countertops
Full Bathroom Remodel (vanity, tiled shower)
Interior & Exterior Paint
Central Heating & Air Installation
Vapor Barrier in Crawl Space
Landscaping
Existing Highlights:
Newer Tankless Water Heater (2022)
Sink and Faucet in Great Condition
Newer Cabinets—can be retained
Roof in Good Condition
📸 View Photos: drive.google.com/.../1e0vbNuCpY1RxmzdSrDBh6yIh1LT...
This is a solid property with excellent returns in a rapidly growing market. Get in touch for more details or to schedule a walkthrough!


Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. Real Estate Promo is not responsible nor will be held liable for the property or the information listed here.

Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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