1120 S 3rd ST, Wilmington, NC 28401
1120 S 3rd ST, Wilmington, NC 28401
1120 S 3rd ST, Wilmington, NC 28401
1120 S 3rd ST, Wilmington, NC 28401
1120 S 3rd ST, Wilmington, NC 28401
1120 S 3rd ST, Wilmington, NC 28401
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$ 359,900
Est. payment | /mo

2 Beds

1 Bath

1,229 SqFt


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$ 359,900
Est. payment | /mo
Save

2 Beds

1 Bath

1,229 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,229 sqft

Price per Sqft $292

Subdivision Not In Subdivision

MLS Listing ID 100509231

Style Historic District

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1912

Lot Size 3,136 Sqft

Acres 0.07

Lot Dimensions .12

Property Sub-Type Single Family Residence

Source Hive MLS

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.

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning UMX

Direction West (toward River) on Market Street, make left onto 3rd Street and make right onto Marstellar. First right onto Roderick Alley and house will be the 1st driveway to the right (beside Axes and Allies). Please use back door only.

Rooms

Basement None

Interior

Interior Features High Ceilings, Bookcases, Ceiling Fan(s), Furnished, Blinds/Shades

Heating Heat Pump, Electric, Forced Air, Natural Gas

Cooling Central Air, Heat Pump

Flooring Laminate, Vinyl

Fireplace No

Appliance Gas Oven, Gas Cooktop, Built-In Microwave, Washer, Refrigerator, Dryer

Laundry Laundry Closet

Exterior

Parking Features Concrete, Off Street

Fence Privacy, Back Yard, Wood

Utilities Available Sewer Available, Water Available

Amenities Available Park, Playground, Sidewalks

View See Remarks

Roof Type Shingle

Porch Open, Deck, Porch

Building

Dwelling Type Wood Frame,Stick Built

Foundation Brick/Mortar, Block, Crawl Space

Water Public

Architectural Style Historic District

Structure Type Fiber Cement,Wood Frame

New Construction No

Schools

Elementary Schools Snipes

Middle Schools Williston

High Schools New Hanover

Others

Tax ID R05413-018-015-000

Acceptable Financing Cash, Conventional, FHA, Lease Purchase, VA Loan, Lease w/Purch. Opt., Seller Financing

Listing Terms Cash, Conventional, FHA, Lease Purchase, VA Loan, Lease w/Purch. Opt., Seller Financing

Special Listing Condition Standard

Listed by Grace Hodgkins • Sold Buy the Sea Realty
Nearby Locations
Christian Belcher

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1120 S 3rd ST