Listing ID: 100344799
Sold For: $645,000
Price/SqFt: $305.57
Status: Closed
Sold Date: 12/05/2022
Address: 408 N 5th Avenue
City: Wilmington
State: North Carolina
Postal Code: 28401
Bedrooms: 6
Total Baths: 3
Full Baths: 2
Partial Baths: 1
SqFt: 2,209
Acres: 0.070
County: New Hanover
Subdivision: Not In Subdivision
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.

Primary Features

County: New Hanover
Half Baths: 1
Price/SqFt: 305.57
Property Sub Type: Single Family Residence
Property Type: Residential
Sold Date: 2022-12-05T00:00:00+00:00
Sold Price: $645,000
Subdivision: Not In Subdivision
Year Built: 1920
Zoning: HD-R

Interior Features

Appliances/Equipment: Cooktop - Electric, Cooktop - Gas, Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Gas, Washer
Attic: Stairs - Pull Down
Basement: None
Cooling System: Central
Dining Room Type: Combination, Formal
Fireplace: 2
Flooring: Wood
Heated SqFt Range: 2200 - 2399
Heating System: Forced Air, Gas Pack
Interior Features: 1st Floor Master, 2nd Kitchen, Blinds/Shades, Ceiling Fan(s), Foyer, Furnished, Pantry, Solid Surface, Walk-in Shower
Laundry Location: Room
Master Bedroom Level: Primary Living Area
Number Rooms: 12
Stories: 2
Stories/Levels: Two

External Features

Construction: Wood Frame
Construction Type: Stick Built
Exterior Features: Storm Doors
Exterior Finish: Vinyl Siding
Fencing: Back Yard, Full, Wood
Foundation: Brick/Mortar, Crawl Space
Fuel Tank: None
Lot Dimensions: irregular
Lot SqFt: 2962
Parking/Driveway: Assigned, Gravel, Off Street, On Site, On Street
Porch/Balcony/Deck: Covered, Deck, Porch
Road Type/Frontage: Public (City/Cty/St)
Roof: Shingle
Water/Sewer: Municipal Sewer, Municipal Water
Waterfront: no
Waterview: no

Location Information

City Limits: yes
Cobra Zone: no
Elementary School: Snipes
High School: New Hanover
Location Type: Mainland
Marketing City: Wilmington
Middle School: Williston
Secondary Subdivision: N/A


Green Building Certified: None
HOA: no
HOA Amenities: No Amenities
New Construction: no

Financial Details

Auction: no
Federal Flood Insurance Available: yes
Property Taxes: 2438.65
Prospect Exempt: no
Special Assessments: None
Stipulation of Sale: None
Tax Assessed Value: 286900
Tax Year: 2022
Terms: Cash, Conventional

Zoning Info

Listing courtesy of Waypost Realty LLC.

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of Sunday, January 29th, 2023 at 07:02:18 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Neither listing broker(s) nor Coldwell Banker Sea Coast Advantage shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2023 North Carolina Regional MLS LLC.
#IDX-primaryPhoto,#idx-details-header Listed by: Waypost Realty LLC (910) 431-2535

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