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522 S Kerr Avenue Apt 77, Wilmington, NC, 28403

2beds
2baths
892sqft
$189,000
$212price/sqft
$1,296/moest. monthly cost
$51,840/yrincome needed

About This Home

A rare opportunity to own a centrally located Wilmington turn-key condo with short-term rental (STR) potential just minutes from UNCW, Wrightsville Beach, and downtown. Both short term or long-term rental possibilities in prime location near UNCW. Added bonus--there is a bus stop at the entrance! Welcome to 522 S. Kerr Avenue, unit 77, an immaculately updated 2-bedroom, 2 full bath condo perfectly positioned just 5 minutes from UNCW, 10 minutes from the airport, and 15 minutes from both Wrightsville Beach and historic downtown's dining & nightlife scene. Move-in ready with sophisticated updates: gleaming hardwood floors, fresh neutral paint, elegant chair-rail molding, brand new kitchen counter tops, modern light fixtures, and beautifully renovated baths featuring custom tile designs, sleek new vanities, and premium fixtures that elevate both style and function. Relax and sip your morning coffee or unwind in the evening on the balcony overlooking tranquil wooded grounds. Perfect for peaceful reading, birdwatching, or quiet reflection. Added bonus--extra storage room on the balcony! Brand new water heater just installed! This community is known for its low HOA dues, ideal for students, professionals, second-home seekers, or investors. Exceptional location: walkable, convenient, and minutes from the university, airport, beaches and downtown hotspots. Investor Alert: income-ready: cash flow analysis available--positioned to capture opportunity income with the upcoming UNCW semester starting in Fall 2026. Added Bonus: no restrictions on short-term rentals (STR), giving you full flexibility to choose weekly, monthly, or semester-based leasing. This condo is more than a home--it's a lifestyle. Whether you're buying for personal use or rental income, this turnkey opportunity is ready to go!

Getting Around

58
WalkingSomewhat Walkable
44
TransitSome Transit
66
BikeBikeable

Schools

5/10
Forest Hills ElementaryGrades K-51.5 mi
6/10
Williston MiddleGrades 6-82.7 mi
3/10
New Hanover HighGrades 9-122.6 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Crawl Space
  • Roof: Shingle
  • Construction materials: See Remarks,Wood Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Oven,Electric Cooktop,Washer,Refrigerator,Dryer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Walk-in Closet(s),Ceiling Fan(s),Blinds/Shades,Walk-In Closet(s)
  • Flooring: Wood

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 892
  • Total interior livable area: 892 sqft

Property

Details

  • Parcel number: R05511001016068
  • Zoning: MD-17
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Porch,Balcony
  • Fencing: None
  • Has view: Yes
  • View description: See Remarks
  • Waterfront features: None
  • Frontage type: See Remarks
  • Living area range: 800 - 999

Parking

  • Parking features: Additional Parking,Assigned