223 S 5th Avenue, Wilmington, NC 28401 (MLS # 100413807)

Price $697,000
Status Active
Beds 6
Baths 4 Baths
Home size n/a
Lot Size 3,050 sqft
Days on Market 173
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.
Property Type(s): Multi Family
Last Updated 4/24/2024 Tract Historic District
Year Built 1903 County New Hanover

SCHOOLS

Elementary School Snipes
Jr. High School Williston
High School New Hanover

Price History

Prior to Feb 4, '24 $710,000
Feb 4, '24 - Today $697,000

Additional Details

AIR Central Air
AIR CONDITIONING Yes
BASEMENT Crawl Space, Dirt Floor, Exterior Entry, Unfinished, Yes
BUYER'S BROKERAGE COMPENSATION 2.50
CONSTRUCTION Brick, Wood Siding
EXTERIOR Balcony
FIREPLACE Yes
HEAT Electric, Forced Air
LOT 3049 sq ft
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 36' x 82'
PARKING Off Street
SEWER Public Sewer
STORIES 2
SUBDIVISION Historic District
WATER Public
ZONING HD-R

Location

 

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Listed with Coldwell Banker Sea Coast Advantage-CB
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