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1-800-867-7245

808 N 5th Avenue $729,000

MLS#: 100330991
Address: 808 N 5th Avenue
City / Zip: Wilmington, NC 28401
Type: Multifamily / Duplex

Irr

Lot Size

6

Bedrooms

City

Overview

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Amazing opportunity to own a 2-unit building that is walking distance to the new amphitheater downtown with TONS off-street parking! Could be a great Airbnb property walking distance to all the concerts, & all the fun events downtown! Outstanding location right in the Brooklyn Arts District, walking distance to all the amenities downtown restaurants, breweries, concert venues, etc... Built in the early 2000s these units have all the modern features that newer properties offer like open floor plans & master suites. Unlike many other homes downtown that are over 100 years old ,and have many ''old house'' problems... This one was built in the 2000s to modern building code & standards. Very LOW maintenance 2-unit property. Each unit has 3 bedrooms & 2 baths. Some highlights include an open floor plan, giant CHARLESTON-STYLE PORCH, master suites w/ bathroom, tons of off-street parking, hardwood flooring, LVP, no carpet, full laundry room, an amazing upper porch that looks down the beautiful tree-lined 5th Ave and a huge backyard! This property was designed & built as a modern 2-unit building. This in NOT like many of the other homes downtown that were single-family homes that were ''cut-up / converted'' into 2 awkward units. This was built in 2000s as a 2-unit building. Single Townhomes around the corner on 3rd Bladen SOLD for $775,000. Many options available with this 2-unit building. Keep existing great tenants with flexible leases, or Airbnb one unit, or live in one & rent one. Call if you want existing lease rates. There may be an opportunity to build a detached garage in the back with another rentable unit above it. Rare opportunity to own a modern 2-unit building downtown in one of the best locations. Walking distance to everything. This one won't last long. Call for more info.

This listing is provided courtesy by Mike Lardieri, Homes For Sale in Wilmington, Inc.

Map

Map may not be 100% accurate.

Amenities

    Property Amenities

    • Interior Features

      • 1st Floor Master
      • 9Ft+ Ceilings
      • Ceiling Fan(s)
    • Flooring

      • LVT/LVP
      • Wood
    • Cooling

      • Central
      • Heat Pump
    • Heating

      • Forced Air
      • Heat Pump
    • Fireplace

      • 0
    • Roof

      • Shingle
    • Exterior Features

      • Security Lighting
      • Wood Frame
    • Parking

      • See Remarks

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