314 Bland Street presents a compelling value-add opportunity for investors, builders, or renovators looking to capitalize on a centrally located Wilmington property. This 1940 cottage offers approximately 1, 004 square feet with 3 bedrooms and 1 bath, situated on a generous ~0.19-acre lot in an established neighborhood. Recent system updates provide a strong foundation for future improvements, including a roof replacement in 2003, electric panel and breaker box updated in 2023, and a gas HVAC system replaced in 2020 with regular servicing. Additionally, the HVAC compressor/condenser was replaced in 2025, offering added peace of mind on major components. Located just minutes from downtown Wilmington, employment hubs, dining, and area amenities, this property offers excellent upside potential for the right buyer with vision. Sold as-is. A solid opportunity for investors seeking their next project in a growing Wilmington market.