422 S 5th AVE #1 & 2 new Save Request In-Person Tour Request Virtual Tour
Wilmington,NC 28401
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,876 sqft
Price per Sqft $263
Subdivision Historic District
MLS Listing ID 100490546
Style Wood Frame
Bedrooms 4
HOA Y/N No
Originating Board Hive MLS
Year Built 1903
Annual Tax Amount $2,482
Lot Size 2,744 Sqft
Acres 0.06
Lot Dimensions 33x82x33x83
Property Sub-Type Duplex
Property Description
Discover the charm and income potential of this beautifully converted historic duplex at 422 S 5th Ave. Featuring two spacious 2-bedroom, 1-bath units—one upstairs and one downstairs—this property is a fantastic investment opportunity. Currently used as a long-term rental, both units have tenants in place. Enter through the shared foyer, where a joint stairwell leads to the second-floor unit, while the main floor unit is easily accessible. Each unit boasts a full kitchen with updated appliances, in-unit laundry, and timeless historic details throughout. Enjoy the inviting shared front porch, perfect for relaxing in the heart of downtown Wilmington. Conveniently located within walking distance to shops, restaurants, and the scenic Riverwalk. Don't miss this chance to own a piece of Wilmington's history with built-in rental income!
Location
State NC
County New Hanover
Community Historic District
Zoning HD-R
Direction Head downtown on Market St. Turn left onto 6th St. Turn right onto Dock St. Turn left onto S 5th Ave. Home will be on the right.
Rooms
Basement Crawl Space,None
Interior
Interior Features Master Downstairs,2nd Kitchen,9Ft+ Ceilings,Apt/Suite,Ceiling Fan(s)
Heating Gas Pack,Forced Air,Natural Gas
Cooling Central Air
Flooring LVT/LVP,Tile,Wood
Fireplaces Type None
Fireplace No
Window Features Blinds
Appliance Washer,Stove/Oven - Electric,Refrigerator,Microwave - Built-In,Dryer,Dishwasher
Laundry Inside
Exterior
Parking Features None,Paved,On Street
Pool None
Utilities Available Water Connected,Sewer Connected,Natural Gas Connected
Waterfront Description None
Roof Type Architectural Shingle
Accessibility None
Porch Porch
Building
Story 2
Entry Level Two
New Construction No
Schools
Elementary Schools Snipes
Middle Schools Williston
High Schools New Hanover
Others
Tax ID R05405-030-013-000
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None