2020 Princess Place Drive, Wilmington, NC 28405
$719,000
Property Type:
Multi-Family
Bedrooms:
3
Baths:
3
Square Footage:
2,015
Lot Size (sq. ft.):
4,792
Status:
Active
Current Price:
$719,000
List Date:
12/01/2025
Last Modified:
12/05/2025
Description
Income generating property located close to Downtown, Burnt Mill Creek and Soda Pop District. This Community Business zoned property is currently operating as a short, mid and long term income rental property. There are three units that total 2015 Square Feet. The property is well maintained and units have been nicely updated. There is off-street parking. The zoning opens up a number of other opportunity or one could continue the ongoing operations.
More Information MLS# 100543464
Contract Info
Delayed Marketing?: No
Sub-Type: Triplex
List Price/SqFt: 356.82
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-12-01
Listing Price: 719000
Current Price: $719,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 2020
Street Name: Princess Place
Street Suffix: Drive
County: New Hanover
State/Province: NC
Zip Code: 28405
Subdivision: Princess Place
Geo Lat: 34.242512
Geo Lon: -77.923474
Remarks and Showing
Sign on Property: Yes
Directions to Property: From Downtown take Market Street east. Turn left on N 23rd Street, turn left on Princess Place and property is on the left hand side at Princess Place and 20th Street.
Building Info
New Construction: No
Property Exterior/Interior Info
Lot Acres: 0.11
Lot SqFt: 4792
Lot Dimensions: 50 x 99
Waterfront: No
Waterview: No
Location Type: Mainland
# Baths - Total: 3
# Total Units: 3
Fireplace Y/N: No
Stories: 1
Owner Occupied: No
Property Mgmt Company: No
Financials Available: Yes
Legal and Taxes
Tax Assessed Value: 299500
Deed Book: 5450
Deed Page: 440
Legal: Lot 50X100 Greenbrook
Broker Owner: No
PID: R04815-017-011-000
Tax Identifier: R04815-017-011-000
Plat Book: 0
Plat Page: 0
Total Real Estate Property Taxes: 1762.57
Special Assessments: none
Tax Year: 2025
Zoning: CB
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
Year Built: 1951
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0
Driveway Spaces: 3
Other - See Remarks: Parking side
Parking Features
Off Street: 1
Attic
None: 1
Basement
None: 1
Construction
Block: 1
Concrete: 1
Lot Water Features
None: 1
Current Service Providers
Electric Provider: Duke Progress Energy
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: Cape Fear Public Utility Authority
Trash Provider: City of Wilmington
Water Provider: Cape Fear Public Utility Authority
Exterior Finish
See Remarks: 1
Terms
Cash: 1
Conventional: 1
Seller Financing: 1
Fencing
Partial: 1
Wood: 1
Foundation
Slab: 1
Flooring
Laminate: 1
Fuel Tank
None: 1
Green Bldg Certify
None: 1
Patio and Porch Features
Porch: 1
Pool Features
None: 1
Roof
Membrane: 1
Entry Level Information
Entry Level: 1
Lot Description
Corner Lot: 1
Road Type/Frontage
Paved: 1
Public (City/Cty/St): 1
Cooling
Central Air: 1
Heating
Forced Air: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Sewer Available: 1
Sewer Connected: 1
Water Available: 1
Water Source
Municipal Water: 1
# Meters: 1
Sewer
Municipal Sewer: 1
# Meters: 1
Appliances/Equip
Built-In Microwave: 1
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Refrigerator: 1
Furnished
Furnished: 1
Interior Features
Ceiling Fan(s): 1
Furnished: 1
Wash/Dry Connect: 1
Security Features
Smoke Detector(s): 1
Laundry Location
None: 1
Dining Room Type
Combination: 1
Side/Unit 1
Total Rooms: 2
# of Bedrooms: 1
Full Baths: 1
Avg SqFt: 671
Furnished: No
Rent: 1750
Occupied: Yes
Side/Unit 1 Cooling
Central: 1
Side/Unit 1 Heating
Electric: 1
Side/Unit 1 Appliance
Dishwasher: 1
Dryer: 1
Refrigerator: 1
Stove/Oven - Electric: 1
Washer: 1
Side/Unit 1 Features
Kitchen: 1
Living Room: 1
Patio/Balcony/Deck: 1
W/D Hookup: 1
Side/Unit 1 Rent Frequency
Other: 1
Side/Unit 1 Owner Pays
None: 1
Side/Unit 2
Total Rooms: 3
# of Bedrooms: 1
Full Baths: 1
Avg SqFt: 670
Furnished: Yes
Rent: 1850
Occupied: Yes
Side/Unit 2 Cooling
Central: 1
Side/Unit 2 Heating
Electric: 1
Side/Unit 2 Appliance
Dishwasher: 1
Dryer: 1
Stove/Oven - Electric: 1
Washer: 1
Side/Unit 2 Features
Kitchen: 1
Living Room: 1
Patio/Balcony/Deck: 1
W/D Hookup: 1
Side/Unit 2 Rent Frequency
Other: 1
Side/Unit 2 Owner Pays
None: 1
Side/Unit 3
Total Rooms: 3
# of Bedrooms: 1
Full Baths: 1
Avg SqFt: 671
Furnished: Yes
Rent: 1600
Occupied: Yes
Side/Unit 3 Cooling
Central: 1
Side/Unit 3 Heating
Electric: 1
Side/Unit 3 Appliance
Refrigerator: 1
Stove/Oven - Electric: 1
Side/Unit 3 Features
Kitchen: 1
Living Room: 1
Patio/Balcony/Deck: 1
Side/Unit 3 Rent Frequency
Other: 1
Side/Unit 3 Owner Pays
None: 1
Property ExteriorInterior Info
# Bedrooms: 3
SqFt - Heated (Primary): 2015
Property Features
Attic: None
Basement: None
Construction: Block; Concrete
Exterior Finish: See Remarks
Fencing: Partial; Wood
Foundation: Slab
Fuel Tank: None
Green Bldg Certify: None
Parking Features: Off Street
Patio and Porch Features: Porch
Pool Features: None
Roof: Membrane
Lot Description: Corner Lot
Lot Water Features: None
Cooling: Central Air
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Available; Sewer Connected; Water Available
Water Source: Municipal Water
Sewer: Municipal Sewer
Flooring: Laminate
Furnished: Furnished
Interior Features: Ceiling Fan(s); Wash/Dry Connect
Security Features: Smoke Detector(s)
Laundry Location: None
Dining Room Type: Combination
Terms: Cash; Conventional; Seller Financing
Listing Office:
Intracoastal Realty Corp
IDX
Last Updated: December - 05 - 2025
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