416 N 5th AVE #1 Active Save Request In-Person Tour Request Virtual Tour
Wilmington,NC 28401
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,367 sqft
Price per Sqft $335
Subdivision Rankin Place North
MLS Listing ID 100491889
Style Wood Frame
Bedrooms 12
HOA Y/N Yes
Originating Board Hive MLS
Year Built 1920
Annual Tax Amount $638
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 96x64
Property Sub-Type Quadruplex
Property Description
New Construction of Historical Home as Duplex and 2 New Construction Single Family Homes on Same Subdivided Lot in The Heart of Downtown's Historic District! Each has 3 Bedrooms, Wide Plank LVP Floors Throughout and Deco Tile in Bathrooms. White Soft Close Cabinetry, Quarts Countertops, High End Construction! Unit 1 on Airbnb approx 2500/month, Unit 2 leased for 2199/Month. Single Family Homes To Be Complete May 2025 should rent for at least 2500/month. Each unit can be purchased separately.
Location
State NC
County New Hanover
Community Rankin Place North
Zoning HD-R
Direction From Market Street to Nth 5th Avenue. Properties on Right on the Corner of 5th and Red Cross St.
Rooms
Basement Crawl Space
Interior
Interior Features Wash/Dry Connect,Kitchen Island,Master Downstairs,9Ft+ Ceilings,Ceiling Fan(s),Walk-in Shower
Heating Heat Pump,Electric
Cooling Central Air
Flooring LVT/LVP,Tile
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Appliance Stove/Oven - Gas,Refrigerator,Microwave - Built-In,Ice Maker,Dishwasher
Exterior
Exterior Feature Thermal Windows,Mail on Site,Balcony
Parking Features Gravel
Amenities Available No Amenities
Roof Type Architectural Shingle
Porch Porch
Building
Story 2
Entry Level One,Two
Foundation Slab
Sewer Municipal Sewer
Water Municipal Water
Structure Type Thermal Windows,Mail on Site,Balcony
New Construction Yes
Schools
Elementary Schools Snipes
Middle Schools Williston
High Schools New Hanover
Others
Tax ID R04813-034-002-000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional