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$697,000
223 S 5th Avenue
Wilmington, NC 28401
MLS# 100413807
6 beds  |  4 baths  |  3517 sqft


223 S 5th Avenue, Wilmington, NC 28401
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223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401 223 S 5th Avenue, Wilmington, NC 28401

Property Description
SAVE THIS GEM! Historic duplex located in Downtown Wilmington. Built 120 years ago, this home is in need of some love! Property is being sold as-is where-is along with loads of potential. Perfect for a two-unit rental or may be converted into a spacious, single family home! Home also includes an unfinished basement with outdoor access. Seller has recent estimate in hand to finish both units for roughly $300k, includes labor and material. Home appraised (in 2022) for 1.2M once fully-renovated as an income property. All potential buyers and agents must use caution when showing the home.

Details
Maps
Contract Info
Status: Active
Effective Date: 2023-11-08
Delayed Marketing?: No
Delayed Marketing Date (DM): 2023-11-08
Sub-Type: Duplex
Listing Price: 697000
Current Price: $697,000
List Price/SqFt: 198.18
Sub Agent Comm $/%: %
Buyer Agent Comm: 2.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 223
Pre Direction: S
Street Name: 5th
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Historic District
Geo Lat: 34.232174
Geo Lon: -77.942598
Remarks and Showing
Directions to Property: Located on the corner of Ann St and S 5th Ave. Head West on Market St, turn left onto S 5th Ave, property is 3 blocks down on the left
Sign on Property: Yes
Building Info
New Construction: No
Property Exterior/Interior Info
Lot Acres: 0.07
Lot SqFt: 2952
Lot Dimensions: 36' x 82'
Waterfront: No
Waterview: No
Location Type: Mainland
# Bedrooms: 6
# Baths - Total: 4
SqFt - Heated (Primary): 3517
# Total Units: 2
Stories: 2
Owner Occupied: No
Property Mgmt Company: No
Financials Available: No
Legal and Taxes
Tax Assessed Value: 136400
Deed Book: 6538
Deed Page: 1303
Legal: Sw Pt 6 Blk 130
Broker Owner: No
PID: R05405-013-006-000
Tax Identifier: R05405-013-006-000
Special Assessments: None
Tax Year: 2023
Year Built: 1903
Zoning: HD-R
HOA: No
Cobra Zone: No
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
Side/Unit 1
Total Rooms: 6
# of Bedrooms: 3
Full Baths: 2
Avg SqFt: 1781
Furnished: No
Occupied: No
Side/Unit 2
Total Rooms: 6
# of Bedrooms: 3
Full Baths: 2
Avg SqFt: 1736
Furnished: No
Occupied: No
Property Features
Garage & Parking: None
Attic: Floored - Partial; Stairs - Perm; Walk-In
Basement: Dirt; Finished - No; Outside Entrance
Construction: Brick/Stone; Wood Frame
Exterior Finish: Brick; Wood Siding
Fencing: None
Foundation: Crawl Space; Basement
Fuel Tank: None
Parking Features: Off Street
Patio and Porch Features: Balcony; Porch
Roof: Architectural Shingle
Stories/Levels: Basement; 2nd Floor
Lot Description: Corner Lot
Road Type/Frontage: Public (City/Cty/St)
Cooling: Central
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: None
Utilities: Municipal Sewer; Municipal Water
Appliances/Equip: None
Fireplace: 3+
Interior Features: 9Ft+ Ceilings
Side/Unit 1 Cooling: Central
Side/Unit 1 Heating: Electric; Forced Air
Side/Unit 1 Rent Frequency: Monthly
Side/Unit 2 Cooling: Central
Side/Unit 2 Heating: Electric; Forced Air
Side/Unit 2 Rent Frequency: Monthly
HOA and Neigh Amenities: See Remarks

Listing Office: Coldwell Banker Sea Coast Advantage-CB

Last Updated: April - 24 - 2024

223 S 5th Avenue, Wilmington, NC 28401 - MLS# 100413807
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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