708 Rosemont Avenue, Wilmington, NC 28403 – MLS# 100528295
Courtesy of Sam B Camblin, Sold Buy the Sea Realty
Description
Come and see this incredible investment opportunity with 2 homes on a large lot spanning just under half an acre, all located a short bike-ride or walk from Empie Park, Independence Mall, UNCW, and the Cross City Trail. This property includes 2 homes, each with its own mailing address, completely separate driveways, and fence to divide the two yards. There is plenty of parking on site for both homes with driveway access from two different streets. The front home, 708 Rosemont Avenue (1,220 sq ft) has been completely updated to include a beautiful kitchen and bathrooms, encapsulated crawl space with dehumidifier, insulated windows, and tasteful fixtures and paint selections throughout. The front home also includes 3 generous bedrooms and 2 full bathrooms, 1 of which provides a large walk-in closet and laundry connection. The rear home, 3230 Farmers Ave (830 sq ft), was built in 2010, and features a sun-filled living room with vaulted ceilings, full kitchen, bedroom on the lower level, bathroom, and a loft for additional space. Many upgrades throughout both homes, including updated kitchens and bathrooms, stainless appliances, refinished hardwood floors, outdoor showers at each, fenced yards, etc. This property provides incredible potential… long-term rental, short-term Airbnb/Vrbo for massive income, OR live in one house, and pay your mortgage with the income from the other house! Properties like this do not come on the market often, so come see this one before it’s gone! Furnishings negotiable.
HOA Amenities
Property Details and Features
Property Access
- Road Type/Frontage: Easement,See Remarks,Public (City/Cty/St),Paved,Maintained
Appliances & Equipment
- Built-In Microwave
- Dishwasher
- Refrigerator
- Range
- Electric Cooktop
Attic Information
- Scuttle
Basement
- None
Bathrooms
- 2 total bathrooms
- 2 full bathrooms
Bedrooms
- 3 bedrooms
Building
- Heated SqFt Range: 1200 – 1399
- 1,220 heated sqft
- Built in 1956
- 1 story
- 5 rooms
- Construction: Wood Frame
- Porch/Balcony/Deck: Covered,See Remarks,Porch,Deck
- Stories/Levels: One
- Separate Living Spcs: Addl w/Kitchen Desc: See remarks
Cooling
- Central Air
- Heat Pump
Dining Room
- Dining Room Type: Combination
Exterior Features
- Exterior Finish: Brick Veneer,Fiber Cement
- Exterior Structures: Guest House,Shed(s),See Remarks
Fence
- Back Yard
- Wood
Fireplaces
- None
Floors
- Tile
- Wood
Foundation
- Crawl Space
- Slab
Garage
- 6 driveway spaces
- Garage & Parking: Other – See Remarks: Concrete/gravel
- Garage & Parking: Concrete/gravel
Water Features
- Electric
Heating
- Heat Pump
Interior Features
- Apt/Suite
Laundry
- Laundry Location: Laundry Closet
Listing
- Listed on 2025-09-01
- Construction Type: Stick Built
- List Price/SqFt: $317
- Terms: Cash,VA Loan,FHA,Conventional
Location
- County: New Hanover
- Zip Code: 28403
- Latitude: 34.226168
- Longitude: -77.902053
- Subdivision: Rosemont
- City Limits: Yes
Lot
- 20,012 sqft lot
- Lot Dimensions: See MB 49, P 230
- 0.46 acres
- Lot Description: Interior Lot
Energy Saving
- Green Bldg Certify: None
- Green Bldg Features: None
Parking
- Additional Parking
- Off Street
- On Site
- Concrete
Pool
- None
Possession
- At Closing
Property
- Zoning: R-15
Roof
- Architectural Shingle
Schools
- School District: New Hanover
Taxes
- Tax Assessed Value: $482,900
- Property Taxes: $2,842
- City Tax Rate: 6107
- Tax Year: 2025
Utilities
- Sewer Connected
- Water Connected
- Electric Provider: Duke Progress Energy
- Sewer Provider: Cape Fear Public Utility Authority
- Water Provider: Cape Fear Public Utility Authority