993 Downey Branch Lane, Wilmington, NC 28403

Wilmington
Local realty services provided by:ERA Strother Real Estate
993 Downey Branch Lane,Wilmington, NC 28403
$279,500
  • 3 Beds
  • 3 Baths
  • 1,274 sq. ft.
  • Townhouse
  • Active
Listed by: christian a cardamone
Office: aloha wilmington real estate
MLS#:100584660
Source:NC_CCAR

Price summary

  • Price:$279,500
  • Price per sq. ft.:$219.39

About this home

Income-producing investment opportunity -- freshly renovated 3-bedroom, 3-full-bath townhouse in the heart of midtown Wilmington, now leased through September 2027. With a private en suite bath for every bedroom, a genuine rarity at this price, this two-story, 1,274-square-foot home lives like a true residence, not a flat apartment box. Tucked minutes from UNCW, a short drive to Wrightsville Beach, and within easy reach of historic downtown Wilmington, and located in one of the area's most sought-after school districts. Just refreshed throughout: new paint, all-new hardware, new kitchen appliances and countertops, and updated LVP flooring. That en suite-for-every-bedroom layout delivers rare flexibility and strong rental appeal, and with a long-term tenant already in place, this one cash-flows from day one -- no lease-up risk, no vacancy gap. Ideal for an investor looking for turnkey income, or a buyer planning ahead for a future move-in once the lease ends. Enjoy assigned parking...

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Home facts

  • Year built:2005
  • Subdivision & Development:Wilshire Townhouses
  • Listing ID #:100584660
  • Added:96 day(s) ago
  • Updated:October 01, 2026 at 10:57 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:6
  • Flooring:Tile
  • Living area:1,274 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Electric, Forced Air, Heat Pump, Heating
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2005
  • Building area:1,274 sq. ft.
  • Lot area:0.02 Acres
  • Construction Materials:Brick Veneer, Wood Frame
  • Exterior Features:Patio
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Hoggard
  • Middle school:Williston
  • Elementary school:Winter Park

Finances and disclosures

  • Price:$279,500
  • Price per sq. ft.:$219.39

Features and amenities

  • Amenities:Management, Master Insure

Parking

  • Parking description:Off Street, On Site, Paved
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