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    1220 S 5th Avenue

    Wilmington, NC 28401
    • $539,000
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: 100252547
    UPDATED: 44 min ago
    $539,000
    • 6
      BEDS
    • 0.23
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Unique property located in the Urban Mixed Use zoned area of South 5th Avenue. The front unit is 1954 Square Feet in the main floor with 568 Square Feet on the second level loft area that has its own heating and air systems. Unit 1 can be a 3 to 4 bedroom with 2 full bathrooms. Has a large kitchen and combination living space. Unit Two is 596 SF has two bedrooms and one bath. This property has been completely renovated. New roof, new HVAC, Refinished original wood floors and new flooring installed in the upstairs and unit 2, new lighting, updated electrical, updated plumbing and all appliances have been upgraded. Located close to the South Front area and is in an area that is seeing growth and much new mixed use development. The flexibility that an UMX zoned property provides, enables a solid investment opportunity. Short Term rentals are permitted in the UMX area. The demand for housing is steady. The lot is close to 10,000 square feet and provides Great investment opportunity and is located in a designated opportunity zone.

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    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-02-26T12:58:19.89.
    www.castroteamnc.com/homes/113336784
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    1220 S 5th Avenue Wilmington, NC 28401

    • Price: $539,000
    • Status: Active
    • Updated: 44 min ago
    • MLS #: 100252547
    6
    Beds
    3
    Baths
    0
    ½ Baths
    0.23
    Acres
    1930
    Built
    Neighborhood:
    Not In Subdivision
    County:
    New Hanover
    Area:
    Wilmington
    Elementary School:
    Snipes
    Middle School:
    Williston
    High School:
    New Hanover
    School District:
    New Hanover
    Property Description
    Unique property located in the Urban Mixed Use zoned area of South 5th Avenue. The front unit is 1954 Square Feet in the main floor with 568 Square Feet on the second level loft area that has its own heating and air systems. Unit 1 can be a 3 to 4 bedroom with 2 full bathrooms. Has a large kitchen and combination living space. Unit Two is 596 SF has two bedrooms and one bath. This property has been completely renovated. New roof, new HVAC, Refinished original wood floors and new flooring installed in the upstairs and unit 2, new lighting, updated electrical, updated plumbing and all appliances have been upgraded. Located close to the South Front area and is in an area that is seeing growth and much new mixed use development. The flexibility that an UMX zoned property provides, enables a solid investment opportunity. Short Term rentals are permitted in the UMX area. The demand for housing is steady. The lot is close to 10,000 square feet and provides Great investment opportunity and is located in a designated opportunity zone.
    Exterior Features

    Attached Garage Spaces 0.00 Construction Wood Frame Detached Garage Spac 0.00 Driveway Spaces 4.00 Exterior Features Thermal Windows Exterior Finish Aluminum SidingBrick VeneerWood Siding Fencing Chain LinkWood Foundation Crawl Space Location Type Mainland Lot Dimensions 68 X 149 Lot Sq Ft 10019.00 Lot Water Features None Parking Driveway Off StreetUnpaved Pool Spa None Porch Balcony Deck CoveredDeckPorch Road Type Frontage PavedPublic (City/Cty/St) Roof Metal Total Carport Spaces 0.00 Waterfront No Waterview No

    Interior Features

    1 Bedroom Appliances DishwasherDryerMicrowave Built-InRefrigeratorStove/Oven - ElectricWasher 1 Bedroom Cooling Central 1 Bedroom Features Patio/Balcony/DeckW/D Hookup 1 Bedroom Heating ElectricNatural Gas 1 Bedroom Units Avg Sqft 596 1 Bedroom Units Full Baths 1 1 Bedroom Units Half Baths 0 1 Bedroom Units Total Rooms 5 Appliances Equipment DishwasherDouble OvenDryerMicrowave - Built-InRefrigeratorStove/Oven - GasWasher Attic Floored - Partial Basement None Cooling System Central Efficiency Apartment Avg Sqft 1954 Efficiency Apartment Full Baths 2 Efficiency Apartment Half Baths 0 Efficiency Apartment Rent 2400.00 Efficiency Apartment Total Rooms 7 Efficiency Appliance DishwasherDouble OvenDryerMicrowave Built-InRefrigeratorWasher Efficiency Features Extra StorageW/D Hookup Efficiency Heating ElectricNatural Gas Fireplace None Flooring Lvt/LvpTileWood Heating System ElectricNatural Gas Interior Features 1st Floor MasterBlinds/ShadesCeiling Fan(S) Laundry Location Room Stories Levels 1st Floor Water Heater Natural Gas

    Property Features

    1 Bedroom Rent Freq Other 1 Bedroom Units Occupied No 1 Bedroom Units Rent 1200.00 Accessibility None Auction No City Limits Yes Cobra Zone No County Taxes 375.30 Efficiency Apartment Occupied No Efficiency Rent Freq Other Electric Provider Duke Progress Energy Federal Flood Ins Available Yes Financials Available No Fuel Tank None Green Building Certification None Hoa And Neighborhood Amenities See Remarks Hoa YN No Multifamily Sub Type Duplex New Construction No Possession At Closing Property Management Company No Property Taxes 793.21 Secondary Subdivision N/A Sewer Provider Cape Fear Public Utility Authority Stipulation Of Sale None Tax Year 2020 Terms CashConventional Water Provider Cape Fear Public Utility Authority Water Sewer Municipal SewerMunicipal WaterNatural Gas Available Zoning Umx



    Listing information © 2021 NCRMLS
    Listing provided courtesy of Jeffrey G Hovis of Intracoastal Realty Corp.


    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-02-26T12:58:19.89.
     
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