1502 N 26th StWilmington, NC 28405

Fully Remodeled 4-Bedroom Home with Tenant in Place

Turnkey, income-producing property at 1502 N 26th St in Wilmington. This approximately 1,400-square-foot home offers four bedrooms, two full bathrooms and a spacious 0.28-acre lot.

The property has undergone a comprehensive remodel, including the conversion of the former half bathroom into a second full bathroom.

Major improvements include a brand-new roof, new water heater, new LVP and tile flooring, fresh interior and exterior paint, remodeled kitchen, renovated bathrooms, updated lighting, new fixtures and refreshed exterior areas.

The home is currently tenant occupied at $2,350 per month, producing $28,200 in annual gross rental income. The current lease runs through March 31, 2027, giving an investor immediate rental income from the day of closing.

Property highlights:

• 4 bedrooms • 2 full bathrooms • Approximately 1,400 square feet • 0.28-acre lot • Brand-new roof • New water heater • Remodeled kitchen • Two renovated full bathrooms • New flooring and paint • Updated fixtures and appliances • Tenant in place at $2,350 per month • Lease through March 31, 2027

This is an excellent opportunity for an investor seeking a renovated, stabilized Wilmington rental with limited near-term capital expenses.

Please do not disturb the tenants. Showings are available by appointment with reasonable notice. Proof of funds or lender preapproval may be required before scheduling.

Offered at $299,900.