503 S 5th Avenue, Wilmington, NC 28401
$515,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,816
Lot Size (sq. ft.):
1,980
Status:
Active
Current Price:
$515,000
List Date:
6/21/2024
Last Modified:
7/01/2024
Description
Investors, seize the opportunity in historic Wilmington, NC! This meticulously maintained home combines historic charm with modern updates, presenting an ideal investment prospect. Operating as a successful unfurnished long-term rental since 2018, the property has consistently maintained full occupancy.
Located within a short walking distance to the downtown riverfront, the Castle Street Art District with vibrant restaurants, and the popular Cargo District. Also with its convenient location to Wrightsville Beach, this home offers unparalleled convenience for tenants who cherish proximity to both the vibrant city center and the relaxing coastal shores.
Don't miss out on this prime investment with a proven rental history and an unbeatable location!
More Information MLS# 100451782
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Active
Delayed Marketing?: No
Delayed Marketing Date (DM): 2024-06-21
Listing Price: 515000
Current Price: $515,000
List Price/SqFt: 283.59
Sub Agent Comm: 2.5
Sub Agent Comm $/%: %
Buyer Agent Comm: 2.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 503
Pre Direction: S
Street Name: 5th
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Historic District
Geo Lat: 34.229246
Geo Lon: -77.942275
Remarks and Showing
Directions to Property: Continue onto N 3rd St, Turn left onto Castle St
Turn left at the 2nd cross street onto S 5th Ave,
Destination will be on the right
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 0.05
Lot SqFt: 1980
Lot Dimensions: 66'x30'
Waterfront: No
Waterview: No
Location Type: Mainland
Property Interior Info
SqFt - Heated (Primary): 1816
Total SqFt - Heated (Primary + Separate): 1816
# Rooms: 8
# Baths - Full: 2
# Baths - Half: 1
# Baths - Total: 3
# Bedrooms: 3
Master Bedroom Level: Non Primary Living Area
Stories: 2
Legal & Taxes
Tax Assessed Value: 276500
Deed Book: 6063
Deed Page: 442
Legal: PT W END 1 PT 2 BLK 91
Broker Owner: No
PID: R05405-036-012-000
Tax Identifier: R05405-036-012-000
Plat Book: 6063
Plat Page: 442
Special Assessments: No
Tax Year: 2023
Year Built: 1903
Zoning: RES
HOA: No
Cobra Zone: No
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
Rooms
Bedroom 2 Level: Second
Dining Room Level: First
Family Room Level: First
Kitchen Level: First
Master Bedroom Level: Second
Property Features
Construction: Wood Frame
Exterior Finish: Wood Siding
Fencing: Wood
Foundation: Crawl Space
Fuel Tank: None
Parking Features: On Street; Street Only
Patio and Porch Features: Deck
On-Site Pool/Spa: None
Roof: Metal
Stories/Levels: Two
Trash Collection: City Pick-UP
Road Type/Frontage: Public (City/Cty/St)
Cooling: Central
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Municipal Sewer; Municipal Water
Appliances/Equip: Dishwasher; Microwave - Built-In; Refrigerator
Fireplace: None
Flooring: Laminate; Tile; Wood
Interior Features: 9Ft+ Ceilings; Walk-in Shower
Laundry Features: Room
Heated SqFt: 1800 - 1999
Dining Room Type: Combination
Rooms: Bedroom 2; Bedroom 3; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom
Terms: Cash; Conventional; FHA; VA Loan
Room Information
Master Bedroom
Length: 12.00
Width: 11.00
Level: Second
Bedroom 2
Length: 14.00
Width: 12.00
Level: Second
Bedroom 3
Length: 12.00
Width: 12.00
Dining Room
Length: 12.00
Width: 11.00
Level: First
Family Room
Length: 15.00
Width: 12.00
Level: First
Kitchen
Length: 12.00
Width: 9.00
Level: First
Laundry
Length: 7.00
Width: 6.00
Living Room
Length: 15.00
Width: 12.00
Listing Office: Keller Williams Innovate-Wilmington
Last Updated: July - 01 - 2024
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