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408 N 5th Avenue $675,000

MLS#: 100347966
Address: 408 N 5th Avenue
City / Zip: Wilmington, NC 28401
Type: Multifamily / Duplex


Lot Size





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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 unit 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.

This listing is provided courtesy by Cheryl B Baucom, Waypost Realty LLC


Map may not be 100% accurate.


    Property Amenities

    • Interior Features

      • 1st Floor Master
      • 2nd Kitchen
      • Blinds/Shades
      • Ceiling Fan(s)
      • Furnished
      • Pantry
      • Walk-in Shower
    • Flooring

      • Wood
    • Cooling

      • Central
    • Heating

      • Forced Air
      • Gas Pack
    • Fireplace

      • 1
    • Roof

      • Shingle
    • Exterior Features

      • Mail on Site
      • Storm Doors
      • Wood Frame
    • Parking

      • Assigned
      • Gravel
      • Off Street
      • On Site

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