408 N 5th Avenue, Wilmington, NC 28401

$700,000
6
BD
3
BA
2,209
SqFt
List Price
$700,000
Status
ACTIVE
MLS#
100344799
Price Change
▼ $25,000 1664329998
Days on Market
50
Year Built
1920
Levels
Two
Bedrooms
6
Bathrooms
3
Half-baths
1
Full-baths
2
Living Area
2,209
Acres
0.07
Neighborhood
Not In Subdivision

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.

Additional Information

Taxes
$2,438
Available Amenities
No Amenities
Appliances
Cooktop - Electric, Cooktop - Gas, Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Gas, Washer
Interior Features
1st Floor Master, 2nd Kitchen, Blinds/Shades, Ceiling Fan(s), Foyer, Furnished, Pantry, Solid Surface, Walk-in Shower
Cooling
Central
Heating
Forced Air, Gas Pack
Fireplaces
2
Floors
Wood
Foundation
Brick/Mortar, Crawl Space
Roof
Shingle
Exterior Finish
Vinyl Siding
Exterior Features
Storm Doors, Covered, Deck, Porch
Utilities
Municipal Sewer, Municipal Water
Elementary School
Snipes
Middle School
Williston
High School
New Hanover

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Waypost Realty Llc.

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