408 N 5th Avenue

Wilmington, NC, 28401

$645,000

$291 per ft²
$645,000
$291 per ft²
Sold
Sold
beds
6 Beds
baths
3 Baths
carpenters-square
2,209 ft²
property_type
Residential
calendar
Built 1920
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.
MLS® ID:
100344799
Listed:
8/16/22
Updated:
1/31/23
Coldwell Banker Sea Coast Advantage
The Carolinas Finest

Interior Features

Kitchen Appliances
Cooktop - Electric, Cooktop - Gas, Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Gas, Washer
Total Bedrooms
6
Full Bathrooms
2
Half Bathrooms
1
Interior Features
1 st Floor Master, 2 nd Kitchen, Blinds/Shades, Ceiling Fan(s), Foyer, Furnished, Pantry, Solid Surface, Walk-in Shower
Floor Description
Wood
Fireplace
2
Cooling
Central
Heating
Forced Air, Gas Pack

Exterior/Building Features

Lot Size
2,962 ft² lot
Exterior Features
Storm Doors
Roof
Shingle

School Information

High School
New Hanover
Middle/Jr High
Williston
Elementary School
Snipes

Other Property Details

Taxes
$2438.65
Tax Frequency
per YEAR
Association Amenities
No Amenities
Garage
Yes
Parking
Assigned, Gravel, Off Street, On Site, On Street
View
Y
County
New Hanover
Utilities
Municipal Sewer, Municipal Water
Pool
No
Zoning
HD-R

Property History

Date
Event
Price
Value
12/6/22
Sold
-
-
12/6/22
Price Change
$645,000
-4%
11/8/22
Pending
-
-
10/13/22
Price Change
$675,000
-3%
9/27/22
Price Change
$700,000
-3%

 

Courtesy of Waypost Realty LLC

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Data last updated 9:02 AM UTC, 1/31/23

Coldwell Banker Sea Coast Advantage
The Carolinas Finest
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