112 114 Long Ridge Dr
Wilmington, NC 28405
Contact For Estimate

112 114 Long Ridge Dr
Wilmington, NC 28405

  • 4 beds
  • 2 baths
  • 1,837 sqft
  • Townhouse
Off Market
Contact For Estimate
112 114 Long Ridge Dr
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  • See the local terrain and how close this home is to parks and main streets.

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  • Take a virtual walk around the neighborhood.

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  • 1 Elementary School

    1 Middle School

    1 High School

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  • Lowest crime relative to the rest of New Hanover county.

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  • 96% of residents commute by car.

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  • 1 Restaurant

    1 Cafe

    10 Shopping

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  • Get a feel for the community.

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Off Market

Home Details

Overview
  • Townhouse
  • 4 Beds
  • 2 Baths
  • 1,837 sqft
  • $78/sqft
  • 1 views
Description

Wonderful investment opportunity. Owner financing available.andnbsp; 112 and 114 Long Ridge Road consists of 2 units generating $695 each per month. This property will CASH FLOW BIG TIME. See website documents for conventional financing specs as of 11-13-12 ($144,000 purchaseprice, $28,800 down, 3.125% interest rate fixed over 30 years, estimatedtaxes and insurance total $1600 per year). Both are 2 bedroom, 1 bath units about 900 square feet. Tenants in place on Section 8, so its guaranteed money. Property is walking distance to Laney High School and features a large lot on which the structure sits far back off the street, shaded by numerous trees. Most of the appliances are new, 112 has a new heat pump, 114 has new ceramic tile throughout the main living area, and the property has a new pump and well. Each unit has its own storage building.

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Affordability
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Price Trends
Real Estate Trends
Average Listing Price for 28405
$511,046
Median Sale Price for 28405
$196,750
Average Sale price/sqft for 28405
$135/sqft
72% above listing price/sqft
Comparables and Estimates

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