223 S 5th Avenue, Wilmington, NC 28401 (MLS# 100246260)

$1,600,000

223 S 5th Avenue
Wilmington, NC 28401
MLS# 100246260
Status: Closed
13541 sqft

1 / 36

Property Description
Investors Alert!! 17-Multi Properties! Historic Downtown Wilmington 7 historic homes and 10 vacant lots. This Historic portfolio of properties range from nearly 2,000 heated sq ft to over 3500 heated sq ft. All are located in zoning R-3, HD-R and mixed use. Castle Street, N 5th Ave, 6th and Nun St, 5th and Ann St, Nixon St and along McRae St. lots on McRae and Nixon are R-3 and meet the 4500 sq ft Min. required to build Duplex. One lot on S. 6th measured over 10,890 sq ft enough to meet R-3 Zoning requirements for a quadruplex. Bring Contractor this listing will not last!!

Details

Maps

Location Information

Street #: 223

Pre Direction: S

Street Name: 5th

Street Suffix: Avenue

County: New Hanover

State/Province: NC

Zip Code: 28401

City Limits: Yes

Marketing City: Wilmington

Subdivision: Downtown

Secondary Subdivision: N/A

Geo Lat: 34.232168

Geo Lon: -77.942599

Contract Info

Sub-Type: Single Family Residence

Construction Type: Stick Built

Status: Closed

Marketing Start Date: 2020-11-20

Auction: No

Listing Price: 2500000

Current Price: $1,600,000

List Price/SqFt: 184.62

Stipulation of Sale: Standard

Remarks and Showing

Directions to Property: All properties are located Downtown Wilmington in the 28401 Zip code

Sign on Property: No

Property Exterior Info

New Construction: No

Lot Acres: 2.17

Lot SqFt: 94377

Lot Dimensions: 17 properties lot sizes vary

Waterfront: No

Location Type: Mainland

Property Interior Info

SqFt - Heated (Primary): 13541

Total SqFt - Heated (Primary + Separate): 13541

# Rooms: 28

Master Bedroom Level: N/A

Stories: 2

Fireplace Y/N: Yes

Fuel Tank

Above or Below Ground: Above Ground

Fuel Type: Oil

Owned or Leased: Leased

Legal Taxes

Year Built: 1903

Status Change Info

Under Contract Date: 2021-01-23

Sold Price: $1,600,000

Sold Date: 2021-03-02

Property Features

Handicap Accessible: None

Attic: Access Only; Stairs - Pull Down

Basement: None

Construction: See Remarks

Architectural Style: Historic District; Historic Home

Exterior Features: None

Exterior Finish: Wood Siding

Fencing: None

Foundation: Crawl Space

Fuel Tank Ownership: Leased

Green Bldg Certify: None

Green Bldg Features: None

Parking Features: Off Street; Paved; Street Only

Patio and Porch Features: Balcony; Porch; See Remarks

Roof: See Remarks

Levels: One; Two

Lot Water Features: None

Cooling: Other

Heating: Other

Utilities: Sewer Available; Water Available

Sewer: Municipal Sewer

Water Source: Municipal Water

Flooring: Wood; See Remarks

Interior Features: High Ceilings

Dining Room Type: Formal

HOA and Neigh Amenities: No Amenities; See Remarks

Terms: Cash; Conventional; See Remarks

IDX

Listing Office: Keller Williams Innovate-Wilmington

Last Updated: November - 20 - 2024

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