422 S 5th Avenue #1 & 2, Wilmington, NC 28401 (MLS # 100490546)
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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!
| DAYS ON MARKET | 3 | LAST UPDATED | 2/24/2025 |
|---|---|---|---|
| TRACT | Historic District | YEAR BUILT | 1903 |
| COUNTY | New Hanover | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Snipes |
|---|---|
| Jr. High School | Williston |
| High School | New Hanover |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer |
| BASEMENT | Crawl Space, None |
| CONSTRUCTION | Wood Siding |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Ceiling Fan(s), Master Downstairs |
| LOT | 2614 sq ft |
| LOT DIMENSIONS | 33x82x33x83 |
| PARKING | None, Paved, On Street |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| SUBDIVISION | Historic District |
| TAXES | 2482.11 |
| UTILITIES | Natural Gas Available, Water Connected, Sewer Connected, Natural Gas Connected |
| ZONING | HD-R |
TOTAL MONTHLY PAYMENT
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