$645,000
Wilmington, NC 28401
MLS# 100347966
Status: Closed
6 beds | 3 baths | 2209 sqft
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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 unit 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.
Details
Maps
Contract Info
Status: Closed
Effective Date: 2022-09-06
Delayed Marketing Date (DM): 2022-09-06
Sub-Type: Duplex
Auction: No
Listing Price: 675000
Current Price: $645,000
List Price/SqFt: 305.57
Sub Agent Comm $/%: %
Buyer Agent Comm: 2.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 408
Pre Direction: N
Street Name: 5th
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.240742
Geo Lon: -77.943602
Remarks and Showing
Directions to Property: Head west on Oleander Dr toward Oleander Dr. Turn right onto S 17th St. Turn left onto Market St. Turn right onto N 5th Ave. House will be on the right.
Sign on Property: Yes
Building Info
New Construction: No
Property Exterior/Interior Info
Lot Acres: 0.07
Lot SqFt: 2962
Lot Dimensions: irregular
Waterfront: No
Waterview: No
Location Type: Mainland
# Bedrooms: 6
# Baths - Total: 3
SqFt - Heated (Primary): 2209
# Total Units: 2
Stories: 2
Owner Occupied: No
Property Mgmt Company: No
Financials Available: No
Legal and Taxes
Tax Assessed Value: 286900
Deed Book: 6059
Deed Page: 1431
Legal: NW 4 WILMINGTON BLK 222
Broker Owner: No
PID: R04813-034-014-000
Tax Identifier: R04813-034-014-000
Plat Book: tbd
Plat Page: tbd
Special Assessments: None
Tax Year: 2022
Year Built: 1920
Zoning: HD-R-HD-R
HOA: No
Cobra Zone: No
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
Status Change Info
Under Contract Date: 2022-11-07
Sold Price: $645,000
Sold Date: 2022-12-05
Garage & Parking
Driveway Spaces: 1
Side/Unit 1
Total Rooms: 6
# of Bedrooms: 3
Full Baths: 1
Half Baths: 1
Avg SqFt: 1112
Furnished: Yes
Rent: 3000
Occupied: Yes
Side/Unit 2
Total Rooms: 6
# of Bedrooms: 3
Full Baths: 1
Avg SqFt: 1097
Furnished: No
Rent: 1200
Occupied: Yes
Property Features
Construction: Wood Frame
Exterior Features: Mail on Site; Storm Doors
Exterior Finish: Vinyl Siding
Fencing: Back Yard; Wood
Foundation: Crawl Space
Fuel Tank: None
Parking Features: Assigned; Gravel; Off Street; On Site
Patio and Porch Features: Covered; Deck; Porch
Roof: Shingle
Stories/Levels: 1st Floor; 2nd Floor
Cooling: Central
Heating: Forced Air; Gas Pack
Heating System Fuel Source: Natural Gas
Fireplace: 1
Flooring: Wood
Furnished: Partially
Interior Features: 1st Floor Master; 2nd Kitchen; Blinds/Shades; Ceiling Fan(s); Pantry; Walk-in Shower
Side/Unit 1 Cooling: Central
Side/Unit 1 Heating: Forced Air; Natural Gas
Side/Unit 1 Appliance: Dishwasher; Disposal; Dryer; Refrigerator; Stove/Oven - Gas; Vent Hood; Washer
Side/Unit 1 Rent Frequency: Daily
Side/Unit 2 Cooling: Central
Side/Unit 2 Heating: Forced Air; Natural Gas
Side/Unit 2 Appliance: Dishwasher; Dryer; Refrigerator; Stove/Oven - Electric; Washer
Side/Unit 2 Rent Frequency: 6 Months
HOA and Neigh Amenities: No Amenities
Terms: Cash; Conventional
Listing Office: Waypost Realty LLC
Last Updated: February - 23 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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