Wilson Duplex Investment
1708 Birchwood Drive SE, Wilson, NC 27893
- Added:
- Sep 25, 2025
- Days on Market:
- 239
- Last Refresh:
- May 21 at 10:06 pm
Property Features for 1708 Birchwood Drive SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MultiFam/Resid
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 4, Bedroom 2
- Parking features
- Off Street
- Standard status
- Active
- APN
- 3721-73-1348.000
- Size
- 2,064 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 1708 BIRCHWOOD DR SE L23S2 SPRINGFIELD 1.00LT
- Tax Annual Amount
- 1633
Utilities
- Heating system
- Forced Air, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Composition
Listing agent Cec Hottovy License #272222 (252) 290-0367
Listing office Chesson Realty 2403 W Nash St, Wilson, NC (252) 291-3600
Listing date Sep 25, 2025
MLS# 100532565
Listing URL
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Investment opportunity: Package of 5 duplexes available.
- Each duplex unit is 2BR/1BA and currently occupied.
- Consistent construction: Built between 1982‑1983.
- Brick construction.
- Equipped with central air conditioning.
- Off‑street parking available.
Overview
This duplex, featuring two bedrooms and one bathroom in each unit, is part of a larger investment opportunity that includes a total of five duplexes. The property, built in 1983, has a tax value of $145,800. The property is currently occupied. The lot size is 0.21 acres. The property contains 2,064 square feet. The zoning is MultiFam/Resid. The other properties in the package are located at 1702 Birchwood Dr., built in 1982, with a tax value of $121,609; 1703 Birchwood Dr., built in 1982, with a tax value of $114,535; 1706 Birchwood Dr., built in 1982, with a tax value of $121,648; and 1707 Birchwood Dr., built in 1983, with a tax value of $131,003. All units across the five duplexes have a two-bedroom, one-bathroom layout.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$187.1K
NOI $16,839 @ 9.00% cap · cautious / downside scenario
Moderate
$240.6K
NOI $16,839 @ 7.00% cap · market / base-case scenario
Aggressive
$336.8K
NOI $16,839 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.0k | $12.60 |
| − Vacancy | −$2.0k | −$0.95 |
| EGI | $24.1k | $11.66 |
| − OpEx | −$7.2k | −$3.50 |
| NOI | $16.8k | $8.16 |
2,064 SF · lease $12.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$240.6K
$210.5K – $280.7K
NOI $16,839 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$222.6K
$194.8K – $259.7K
NOI $15,583 @ 7.0% cap · market cap 8.20%
Theoretical Best
Office A
$495.4K
$433.5K – $578.0K
NOI $34,677 @ 7.0% cap · market cap 18.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Wilson
- County
- Wilson
- State
- North Carolina
- Longitude
- -77.8981235
- Latitude
- 35.7051038
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit duplex in Wilson, NC, part of a larger investment.
Where is this duplex located?
The property is located at 1708 Birchwood Drive SE Wilson, NC.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Investment opportunity: Package of 5 duplexes available.; Each duplex unit is 2BR/1BA and currently occupied.; Consistent construction: Built between 1982‑1983.
