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412 S 3rd Street, Wilmington, NC 28401

$2,435,000
Property Type: Residential Bedrooms: 8 Baths: 9 Square Footage: 6,290 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $2,435,000 List Date: 3/14/2024 Last Modified: 3/28/2024

Description

Incredible Lifestyle, Investment and Business opportunity right in the heart Wilmington's Historic District. Enjoy as a personal residence or Bed and Breakfast. Voted USA Today's 2023 Best Reader Choice Bed and Breakfast, the C.W. Worth House provides outstanding guest services in the Wilmington area. The level of mindfulness, tasteful renovations and charming historic appeal set this B&B opportunity apart from others. This beautiful historic landmark has seven guest rooms in addition to the main owner's suite. Each room has its own private entry, bathroom, and style. The inviting living areas are thoughtfully decorated and enhance the guest experience. Its prime location near downtown, the River Walk, and various dining options, placement within a historic district and room capacity provide a fantastic opportunity for its next owner. This property-business is turnkey ready and has advanced booking that enabled the next owner to benefit from all the previous owner's efforts. CW Worth House has received national notoriety for their service and location. CW Worth house was awarded 2022 - Present: Select Registry Property, 2022 & 2023 TripAdvisor Travelers' Choice, 2023 Best Hotel/ Bed & Breakfast in the Cape Fear Region and 2023 USA Today #1 10Best Readers' Choice Best Bed & Breakfast. Considering the Award-Winning Business, Unique Charm, and a solid business plan enables the CW Worth House to continue to excel.

More Information MLS# 100432857

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Active Effective Date: 2024-03-14 Delayed Marketing?: No Delayed Marketing Date (DM): 2024-03-14 Listing Price: 2435000 Current Price: $2,435,000 List Price/SqFt: 387.12 Sub Agent Comm $/%: % Buyer Agent Comm: 2.5 Buyer Agent Comm $/%: % Variable Comm: No Stipulation of Sale: None

Location Information

Street #: 412 Pre Direction: S Street Name: 3rd Street Suffix: Street County: New Hanover State/Province: NC Zip Code: 28401 City Limits: Yes Marketing City: Wilmington Subdivision: Historic District Geo Lat: 34.229938 Geo Lon: -77.945901

Remarks and Showing

Directions to Property: From Downtown take 3rd Street, cross over Market Street and continue down S 3rd Street. Property is on the right side. Sign on Property: No

Property Exterior Info

New Construction: No Lot Acres: 0.25 Lot SqFt: 10890 Lot Dimensions: 66 x 165 Waterfront: No Waterview: No Horses Y/N: No Location Type: Mainland

Property Interior Info

SqFt - Heated (Primary): 6290 Total SqFt - Heated (Primary + Separate): 6290 # Rooms: 20 # Baths - Full: 8 # Baths - Half: 1 # Baths - Total: 9 # Bedrooms: 8 Master Bedroom Level: Primary Living Area Stories: 3

Legal & Taxes

Tax Assessed Value: 640300 Total City Real Estate Property Tax: 5410 Deed Book: 6537 Deed Page: 2083 Legal: Pt Lot 3 Blk 101 Wilm Rev Broker Owner: No PID: R05405-032-015-000 Tax Identifier: R05405-032-015-000 Special Assessments: None Tax Year: 2023 Year Built: 1903 Zoning: HD-R HOA: No Cobra Zone: No Federal Flood Ins Avlbl: Yes Elementary School: Snipes Middle School: Williston High School: New Hanover

Current Service Providers

Electric Provider: Duke Progress Energy Internet Service Provider(s): Spectrum Natural Gas Provider: Piedmont Natural Gas Co. Sewer Provider: Cape Fear Public Utility Authority Water Provider: Cape Fear Public Utility Authority

Home Warr/Termite

Termite Company: Paramount Pest Termite Company Phone: 910-514-8897

Property Features

Handicap Accessible: None Attic: Access Only Basement: Finished - No Construction: Wood Frame Unit Type: 4+ Bedroom Style: Historic District; Historic Home Exterior Finish: Wood Siding Fencing: Partial; Wood Foundation: Combination; Crawl Space Fuel Tank: None Green Bldg Certify: None Green Bldg Features: None Parking Features: Off Street; On Street; See Remarks Patio and Porch Features: Covered; Porch On-Site Pool/Spa: None Roof: Architectural Shingle; Metal; Shingle Stories/Levels: 3 Story or More; Basement; Interior Trash Collection: City Pick-UP Lot Features: See Remarks Road Type/Frontage: Public (City/Cty/St) Lot Water Features: None Cooling: Central Heating: Forced Air; Heat Pump Heating System Fuel Source: Electric; Natural Gas Water Heater: Electric Utilities: Municipal Sewer; Municipal Water; Natural Gas Available Appliances/Equip: Dishwasher; Dryer; Microwave - Built-In; Refrigerator; Stove/Oven - Gas Fireplace: 3+ Flooring: Tile; Wood Furnished: Furnished Interior Features: 1st Floor Master; 9Ft+ Ceilings; Basement; Blinds/Shades; Bookcases; Ceiling Fan(s); Foyer Laundry Features: Closet; Room Heated SqFt: 6000 - 6499 Dining Room Type: Formal HOA and Neigh Amenities: No Amenities Home Warr/Termite: Termite Bond Rental Information: Is Property Subject to Vacation Rental Act Terms: Cash; Conventional
Listing Office: Intracoastal Realty Corp
Last Updated: March - 28 - 2024
412 S 3rd Street, Wilmington, NC 28401- MLS# 100432857
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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