0 Bedroom residential (land) for sale: 2758 Worth Drive

£1,104,538

Key Features

  • 1.74 Acres
  • Adult Community: No
  • Waterfront: No
  • Pool: No
  • View: No

Summary

~Package Deal~ Strategic 2.56-acre development assemblage in one of Wilmington's fastest-growing residential infill corridors. Offered at $1,745,000, this price reflects the combined two-parcel package which includes the road frontage and functional 2BR/1BA home at 2830 Worth Drive (MLS #100548409) plus the expansive 1.78-acre tract at 2758 Worth Drive.Positioned directly in the path of progress, the immediate area is seeing a surge in new construction activity including multiple duplex and triplex projects. The 100-foot frontage at 2830 Worth serves as a dedicated utility and access bridge to the back acreage, ideal for up to a 20-unit townhome or cottage court community. The existing home provides strong immediate value with a tenant currently in place on a 12-month lease at $1,800/month, effectively covering holding costs during the planning and permitting phase. Rare opportunity to secure contiguous acreage for a large-scale project in a proven high-density transition zone. Buy

Description

Reference: 36999_FHW1336173
Intracoastal Realty
1900 Eastwood Rd, Suite 38, Wilmington, NC, 28403