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503 S 5th Avenue

Wilmington, NC 28401

$515,000

$284 per Sq.Ft.

  • Pending with Showings
  • 3 beds
  • 2.5 baths
  • 1816 Sq. Ft.
  • Residential
  • Built in 1903
  • MLS #100451782
3 beds
2.5 baths
1816 Sq. Ft.
Residential
Built in 1903
MLS #100451782
Investors, seize the opportunity in historic Wilmington, NC! This meticulously maintained home combines historic charm with modern updates, presenting an ideal investment prospect. Operating as a successful unfurnished long-term rental since 2018, the property has consistently maintained full occupancy. Located within a short walking distance to the downtown riverfront, the Castle Street Art District with vibrant restaurants, and the popular Cargo District. Also with its convenient location to Wrightsville Beach, this home offers unparalleled convenience for tenants who cherish proximity to both the vibrant city center and the relaxing coastal shores. Don't miss out on this prime investment with a proven rental history and an unbeatable location!


Interior Features

Total bedrooms
3 bedrooms
Full bathrooms
2 full bathrooms
Half bathrooms
1 half bathrooms
Kitchen appliances
Refrigerator, microwave - built-in, dishwasher
Interior features
9ft+ ceilings, walk-in shower
Flooring
Laminate, tile, wood
Cooling
Central air
Heating
Electric, heat pump


Exterior Features

Lot size
0.05 acres
Water front
No
Fencing
Wood
Exterior features
Wood siding
Roof
Metal


HOA Information

HOA
No




Schools

Elementary school
Snipes
Middle school
Williston
High school
New Hanover


Other Information

Tax assessed value
$276,500.00
Tax year
2023
Zoning
RES


Listing provided courtesy of: Keller Williams Innovate-Wilmington. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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Copyright 2024 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.

About Wilmington

Located on the Southeastern tip of North Carolina and home to more than 100,000 residents, Wilmington is located between the Atlantic Ocean and the Cape Fear River. Wilmington is a charming and contemporary small city with abundant lifestyle options and a thriving business climate.

Wilmington Real Estate
Wilmington Real Estate
Wilmington Real Estate

Market trends

There were 414 new listings in Wilmington last month. The average time on market was 39 days and the average price of new new listings was $676,197. Over the last three months, the average sale price to list price ratio was 97.43%.

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Homes for sale

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