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Wilmington, NC 28405 2020 Princess Place Drive

$719,000

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Presented By: Intracoastal Realty Corp
  • MLS# 100543464
  • 12/01/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 3
  • SQFT • 2,015

Home Details

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.
Presented By: Intracoastal Realty Corp

Interior Features for 2020 Princess Place Drive

Bedrooms

Total Bedrooms3

Bathrooms

Total Baths3

Other Interior Features

SmokingYNNo
Air Conditioning Y/NYes
Attic FeaturesNone
BasementNone
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesWash/Dry Connect, Ceiling Fan(s), Furnished
Laundry FeaturesNone
Water HeaterElectric

Other Rooms

Room TypeDining Area

General for 2020 Princess Place Drive

AppliancesElectric Oven, Built-In Microwave, Refrigerator, Dryer, Dishwasher
Attached Garage No
Buyer FinancingSeller Financing
Carport Spaces0.0
Carport Y/NNo
CityWilmington
Construction MaterialsBlock, Concrete
CoolingCentral Air
CountyNew Hanover
DirectionsFrom 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.
Elementary SchoolSnipes
Garage Y/NNo
Green Building Verification TypeNone
HOANo
HeatingElectric, Forced Air
High SchoolNew Hanover
Home Warranty Y/NNo
In City Limits? (Y/N)Yes
Land Lease Y/NNo
Lease Considered Y/NNo
Legal DescriptionLot 50X100 Greenbrook
LevelsEntry Level
Lot Size Square Feet4792.0
Lot Size UnitsAcres
Middle/Junior High SchoolWilliston
New ConstructionNo
Number Of Units Total3
Open Parking Spaces3
Operating Expense0.0
Parcel NumberR04815-017-011-000
Patio/Porch FeaturesSee Remarks, Porch
Pool FeaturesNone
PossessionSubject To Tenant Rights
Property Attached Y/NNo
Property SubtypeTriplex
Property TypeResidential Income
RoofMembrane
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Stories Count1
Subdivision NamePrincess Place
Tax Assessed Value299500
Tax Year2025
Taxes$1,763
UtilitiesSewer Available, Water Available, Sewer Connected
Waterfront FeaturesNone
Year Built1951
ZoningCB

Exterior for 2020 Princess Place Drive

Building Area Total2015
Crops Included Y/NNo
Exterior FinishSee Remarks
FencingPartial, Wood
Foundation DetailsSlab
Horse Y/NNo
Lot Dimensions50 x 99
Lot FeaturesCorner Lot
Lot Size Acres0.11
Lot Size Area0.11
Other ParkingParking side
Parking FeaturesOff Street
Road Frontage TypeCity Street, State Road, Paved
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Williston Middle School
Elementary School Snipes Elementary School
High School New Hanover High School

Gavin Desarno

Price $719,000
MLS#100543464
List Date 12/01/2025
Property Type Multi-Family
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