Wilmington, NC 28401,418 S 5th Avenue
Wilmington, NC 28401,418 S 5th Avenue
Wilmington, NC 28401,418 S 5th Avenue
Wilmington, NC 28401,418 S 5th Avenue
Wilmington, NC 28401,418 S 5th Avenue
Wilmington, NC 28401,418 S 5th Avenue
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$715,000

$774,800

7.7%
Est.Price: ?

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Est. payment /mo

5 Beds

5 Baths

3,018 SqFt


SOLD DATE : 10/02/2023

Key Details

Sold Price $715,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 3,018 sqft

Price per Sqft $236

Subdivision Historic District

MLS Listing ID 100390307

Sold Date 10/02/23

Style Wood Frame

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Y/N No

Originating Board North Carolina Regional MLS

Year Built 1912

Annual Tax Amount $1,193

Lot Size 5,401 Sqft

Acres 0.12

Lot Dimensions 33x165

Property Description

Just appraised at $850,,000! Investors take note, instant equity. Renowned as The Simmons House, this splendid Neoclassical Revival home is located in Historic Downtown Wilmington. This home could serve as a short term rental property with it's sprawling 3000sqft. This award-winning, five-bedroom property tastefully combines architectural heritage with modern comforts. The meticulously preserved original frames, moldings, and floors offer a step back in time. Ten fireplaces, four rocking chair porches, and the gentle chime of nearby church bells evoke warmth and southern grandeur that you will love. The luxurious primary suites on both floors, with private entrances, balconies, and lavish baths are sure to impress. The home is equipped with a new metal roof, HVAC, electrical, and plumbing systems, ensuring comfort and reducing maintenance concerns. In short, The Simmons House isn't just a preserved piece of history, but a significant income-generating opportunity, making it an attractive prospect for those seeking a sound investment.

Location

State NC

County New Hanover

Community Historic District

Zoning HD-R

Direction From Downtown Wilmington, continue south on Third St, turn left onto Nun St, turn right onto S Fifth Ave, home is on the right

Rooms

Basement Crawl Space

Primary Bedroom Level Primary Living Area

Interior

Interior Features Foyer, Kitchen Island, Master Downstairs, 9Ft+ Ceilings, Walk-in Shower

Heating Electric, Forced Air

Cooling Central Air

Flooring Tile, Wood

Laundry Inside

Exterior

Garage See Remarks

Utilities Available Natural Gas Connected

Waterfront No

Roof Type Metal

Porch Covered, Porch

Parking Type See Remarks

Building

Lot Description Front Yard

Story 2

Sewer Municipal Sewer

Water Municipal Water

New Construction No

Others

Tax ID R05405-030-015-000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Hive MLS / (NCRMLS)
Listed by Berkshire Hathaway HomeServices Carolina Premier Properties
EXIT Realty Central

Office | License ID: 0226020528

+1(757) 466-1009 | soldhamptonroads@gmail.com

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