4615 Masonboro Loop Rd, Wilmington, NC 28409

$605,000
3
BD
2
BA
1,205
SqFt

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List Price
$605,000
MLS#
100590073
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
3
Bathrooms
2
Full-baths
2
Living Area
1,205
Lot Size
14,810
Neighborhood
Not In Subdivision

Property Description

Income-producing from day one: recently built 3BR/2BA home PLUS detached ADU on 0.34 acres in the Masonboro Loop corridor, with $7,500 seller credit toward rate buydown or closing costs with an acceptable offer. The numbers: the main residence is leased at $3,250/month through 12/30/2026 to an in-place tenant, and the detached accessory dwelling unit, with its own kitchen, full bath, bedroom area, and laundry connections, offers estimated additional rental income of ~$1,300/month. Combined projected gross income of approximately $54,600/year. County-only taxes (outside city limits), no HOA, and keep carrying costs low. Rent roll and lease available to qualified buyers. The lease term also creates flexibility: an investor steps into immediate cash flow, while a buyer planning to occupy can take possession of the main home at lease end this December - or live in the ADU now and let the main house cover the mortgage. House hackers: run the math on occupying one unit while the other pays you. The main home is a recently built single-story plan with an open living/dining area, granite countertops, stainless appliances, LVP flooring throughout, and a covered front porch. The ADU sits privately behind the main residence. Location drives the rents: less than a mile to the public boat ramp at Trails End Park, with quick access to the Intracoastal Waterway, Masonboro Island, and area beaches, and minutes to Monkey Junction and midtown shopping and dining. Masonboro Elementary / Myrtle Grove / Hoggard district. Investor package with rent roll, lease, and income detail available on request.

Additional Information

Acres
0.34
Elementary School
Masonboro Elementary
Heating
Electric, Heat Pump
High School
Hoggard
Interior Features
Ceiling Fans
Living Area
1,205
Lot Size
14,810
Middle School
Myrtle Grove
Subdivision
Not In Subdivision
Water
Public
Year Built
2025

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