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408 N 5th Avenue

Wilmington, NC 28401
  • $675,000
  • STATUS: Pending with Showings
  • ON SITE: 110 Days
  • MLS #: 100344799
Under Contract
$675,000
  • 6
    BEDS
  • 0.07
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,209
    SQFT
  • $306
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Classic historic character abounds in this 1920's home, with many craftsman details. High ceilings, beautiful hardwoods throughout, built-ins, pocket doors, transom windows, original wainscoting, updated kitchen and bathroom, too many details to list. Upstairs is currently being rented as a long -term rental, and downstairs as an Airbnb. Downstairs is being sold fully furnished (minus a few personal items). Ready and on go, to continue renting as an Airbnb, with instant income. Upstairs is being sold with appliances. Great property for investors, or new owner could live in one and rent the other to pay the mortgage, or can short term rent both. Downstairs has 3 bedrooms with 1.5 bathrooms, updated kitchen with new cabinets, granite and stainless steel appliances including gas stove. Upstairs has 3 bedrooms with 1 bath, just renovated with tile walk-in shower. Currently the small bedroom is being used as a large walk-in closet. Sit and enjoy the view and people watch on the large front porches, or relax on the spacious deck out back, complete with natural gas firepit. There is space for off street parking for 1 vehicle in the back of the home . This area is walking distance to EVERYTHING: Brooklyn Arts, Flytrap Brewery, Marina, countless shops and eateries and the Riverwalk. Estimated rental Income $50k-$60k.

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© 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2022-12-06T00:05:06.283.
www.beachtimerealty.llc/homes/132224596
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408 N 5th Avenue Wilmington, NC 28401

  • Price: $675,000
  • Status: Pending with Showings
  • On Site: 110 Days
  • MLS #: 100344799
6
Beds
2
Baths
1
½ Baths
0.07
Acres
2,209
SQFT
$306
$/SQFT
1920
Built
Neighborhood:
Not In Subdivision
County:
New Hanover
Area:
Wilmington
Elementary School:
Snipes
Middle School:
Williston
High School:
New Hanover
Property Description
Classic historic character abounds in this 1920's home, with many craftsman details. High ceilings, beautiful hardwoods throughout, built-ins, pocket doors, transom windows, original wainscoting, updated kitchen and bathroom, too many details to list. Upstairs is currently being rented as a long -term rental, and downstairs as an Airbnb. Downstairs is being sold fully furnished (minus a few personal items). Ready and on go, to continue renting as an Airbnb, with instant income. Upstairs is being sold with appliances. Great property for investors, or new owner could live in one and rent the other to pay the mortgage, or can short term rent both. Downstairs has 3 bedrooms with 1.5 bathrooms, updated kitchen with new cabinets, granite and stainless steel appliances including gas stove. Upstairs has 3 bedrooms with 1 bath, just renovated with tile walk-in shower. Currently the small bedroom is being used as a large walk-in closet. Sit and enjoy the view and people watch on the large front porches, or relax on the spacious deck out back, complete with natural gas firepit. There is space for off street parking for 1 vehicle in the back of the home . This area is walking distance to EVERYTHING: Brooklyn Arts, Flytrap Brewery, Marina, countless shops and eateries and the Riverwalk. Estimated rental Income $50k-$60k.
Exterior Features

Attached Garage Spaces 0.00 Construction Wood Frame Construction Type Stick Built Detached Garage Spaces 0.00 Exterior Features Storm Doors Exterior Finish Vinyl Siding Fencing Back YardFullWood Foundation Brick/MortarCrawl Space Location Type Mainland Lot Dimensions irregular Parking Driveway AssignedGravelOff StreetOn SiteOn Street Porch Balcony Deck CoveredDeckPorch Road Type Frontage Public (City/Cty/St) Roof Shingle Total Carport Spaces 0.00 Waterfront No Waterview No

Interior Features

Appliances Equipment Cooktop - ElectricCooktop - GasDishwasherDisposalDryerMicrowave - Built-InRefrigeratorStove/Oven - GasWasher Attic Stairs - Pull Down Basement None Cooling System Central Dining Room Type CombinationFormal Fireplace 2 Flooring Wood Heated Sq Ft Range 2200 - 2399 Heating System Forced AirGas Pack Interior Features 1st Floor Master2Nd KitchenBlinds/ShadesCeiling Fan(S)FoyerFurnishedPantrySolid SurfaceWalk-In Shower Laundry Location Room Master Bedroom Location Primary Living Area Number Rooms 12 Stories Levels Two

Property Features

Auction No City Limits Yes Cobra Zone No Federal Flood Insurance Available Yes Fuel Tank None Green Building Certification None Hoa And Neighborhood Amenities No Amenities Hoa YN No New Construction No Property Taxes 2438.65 Residential Sub Type Single Family Residence Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2022 Terms CashConventional Water Sewer Municipal SewerMunicipal Water Zoning Hd-R



Listing information © 2022 NCRMLS
Listing courtesy of Cheryl Baucom of Waypost Realty Llc: (910) 395-1000.


© 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2022-12-06T00:05:06.283.
 
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