1120 S 3rd St, Wilmington, NC 28401
- $350,000
- 2
- BD
- 1
- BA
- 1,229
- SqFt
- Sold Price
- $350,000
- List Price
- $359,900
- Status
- CLOSED
- MLS#
- 100509231
- Closing Date
- May 29, 2026
- Days on Market
- 27
- Year Built
- 1912
- Levels
- One
- Bedrooms
- 2
- Bathrooms
- 1
- Full-baths
- 1
- Living Area
- 1,229
- Acres
- 0.07
- Neighborhood
- Not In Subdivision
Property Description
Now Priced $74K BELOW TAX VALUE!! This charming circa-1912 cottage is tucked beneath the protective canopy of a 100 year old live oak tree, yet elevated enough to offer a true treehouse feel! This house was taken down to the studs and completely restored in 2006 by Wilmington's own, Steve Bakunas and his partner, the late, acclaimed actor, Linda Lavin. Zoned UMX, Urban Mixed Use), the property offers flexible live/work options (see documents). Recent improvements include newer HVAC (2023) and hot water heater (2024) The kitchen features a gas stove and the fully fenced back yard, provides privacy and usability, Crawlspace has been encapsulated and a de-humidifier installed (2025). Many items on prior inspection report have been addressed. The property also boasts a strong rental history. House in same block has rented for $3K/month, so it will cash flow. Ideally located near the vibrant South Front District and Greenfield Lake attractions, this downtown gem includes off-street parking with alley access--an increasingly rare feature. The home is being sold partially furnished. Broker is owner. Seller will consider owner financing with acceptable terms. Property is being sold in it's current condition.
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Additional Information
- Available Amenities
- Park, Playground, Sidewalks
- Appliances
- Gas Oven, Gas Cooktop, Built-In Microwave, Washer, Refrigerator, Dryer
- Interior Features
- High Ceilings, Bookcases, Ceiling Fans, Furnished, Drapes/Blinds
- Cooling
- Central Air, Heat Pump
- Heating
- Heat Pump, Electric, Forced Air, Natural Gas
- Foundation
- Brick/Mortar, Block, Crawl Space
- Roof
- Shingle
- Utilities
- Sewer Available, Water Available
- Lot Water Features
- Other
- Water
- Public
- Elementary School
- Snipes
- Middle School
- Williston
- High School
- New Hanover
Mortgage Calculator
Listing courtesy of Sold Buy the Sea Realty. Selling Office: eXp Realty.
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