Wilmington, NC 28401,416 N 5th AVE #1
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Wilmington, NC 28401,416 N 5th AVE #1
Wilmington, NC 28401,416 N 5th AVE #1
Wilmington, NC 28401,416 N 5th AVE #1
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$ 1,800,000
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416 N 5th AVE #1 Wilmington, NC 28401

12 Beds

6 Baths

5,367 SqFt


UPDATED:

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


Hive MLS / (NCRMLS) / Cape Fear Realtors
Listed by Coldwell Banker Sea Coast Advantage