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Restored 1913 Foursquare Colonial

112 N College St, Atkinson, NC 28421, USA
$185,000

Description

FSBO…completely restored historic 1913 “Foursquare” Colonial, 5 bedroom, 3 full baths, sun room, central heat and a/c, tankless hot water unit, full attic, beautiful 12ft. x 26ft. kitchen, refinished heart pine floors, 12 ft. ceilings, close to 40 foot front porch, etc…

Two separate laundry setups, full size machines will fit in the downstairs bathroom, upstairs hallway bath set up for a “stackable” unit so you don’t have to carry laundry up and down the stairs.

Upstairs hall bath has a full Jacuzzi, the upstairs master bath a 5 ft. tiled walk-in shower.

Nearly 2,500 sq. ft. house on a .4 acre lot with 3 extra lots available totaling 1.5 acres allowing for construction of up to 3 additional 2-3 bedroom houses for rental income or outright sales.

People constantly asking about rentals in the area but there are none. A 2 bedroom house for rent will easily bring $750/month….

Compare property tax of approx. $600/yr with Wilmington! AND for a 100+ year old “plaque” house COMPLETELY renovated, top to bottom!

#112 N. College St. in the center of Atkinson (pop. 265) just 30 minutes from downtown Wilmington and ILM International Airport, 38 minutes to Costco/Target/MLK, 10 minutes more to Wrightsville Beach with NO TRAFFIC!

The Black River is a pristine tidal waterway (wonderful for fishing!) less than 5 minutes West of town where you can put in your boat, kayak or canoe and ride the rising and falling tide. See cypress trees hundreds of years old in the primeval interior with abundant bird life or ride the river downstream all the way to Wilmington and the Atlantic Ocean.

The town’s location is at the terminus of the sea breeze from the ocean so it’s always cooler in Summer and warmer in Winter. We are not affected by the storms tracking from West to East and up the coast…moderate year ’round without the bad Winter weather!

Total monthly payment (mortgage, property taxes, insurance, city water AND electric) should run about $1,220/month. For the first 5 years you can take approx. $9,975 mortgage interest deduction on your tax filing probably resulting in a refund of about $3,000….bringing your actual monthly payment down to $1,000!

VERY quiet and safe area, gorgeous property, perfect for families with children or retirees as EVERYTHING is one block away with several families using electric golf carts to get around.

Doctors’ offices, Pharmacy, US Post Office, EMS one block to the East, Town Hall and gorgeous Library one block to the West, Family Dollar/Dollar Tree (where we buy 90% of essentials) one block to the West! New restaurant just opened three blocks away….

Over a dozen historic homes in town, directly across the street is the beautiful 1860 Colonial we restored 2+ years ago.

As there are 2 adjoining bedrooms downstairs, this house is perfect for someone with a small child or adults that cannot climb stairs. School bus passes directly by the front door and schools are but minutes away.

WalMart, Piggly Wiggly and Food Lion grocery stores a 15 minute drive as are a number of restaurants. As stated, 90% of essentials can be purchased a block away.

NOTE: Antique furniture from the 1800s is ALL for sale!

Detail

  • Property ID
    8938
  • 5
    Bedrooms
  • 3
    Bathrooms
  • Square Footage
    2500 sqft
  • Lot Size
    0.4 acres
  • Foursquare
    Style
  • Icon
    Year Built
    1913

Updated on March 15, 2019 at 3:09 am

Address

  • Address: 112 N. College Street
  • City: Atkinson
  • State/county: North Carolina
  • Zip/Postal Code: 28421
  • Country: United States

Contact Agent

Thomas Gay
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