S 503 5th Avenue, Wilmington, NC 28401

$515,000 Asking Price

3 beds
3 baths
1,816  sqft
Built in 1903

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!


Features & Amenities

Interior

General:
9Ft+ Ceilings,Walk-in Shower
Flooring:
Laminate,Tile,Wood
A/C:
Central
Heating:
Heat Pump, Electric

Construction

Roofing:
Metal

Location

County:
New Hanover

Lot

Zoning:
RES, PT W END 1 PT 2 BLK 91, R05405-036-012-000

This listing courtesy of:
Keller Williams Innovate-Wilmington

About Wilmington, NC

Housing

Number of Units
106,487
Median Home Value
$297,369
Median Rent
$942

40.10% of housing units are renter occupied.

10.15% are vacant.

Commute

Car
64.28%
Public Transportation
0.34%
Walk to Work
1.40%
Work from Home
33.44%
Other
0.18%

The median travel time to work is 14 minutes.

People

Population
218,382
Median Age
40.40
Median Household Size
2.50

Education

High School
19.57%
Associate’s Degree
9.69%
Bachelor’s Degree
28.58%
Graduate Degree
15.26%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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