For sale by owner
  • $400,000

    318 N 5th Ave, Wilmington, NC 28401

    2beds
    1,100sqft
    : 
    SingleFamily
    Built in 1860
    3,000 Square Feet Lot
    $223,200 Zestimate®
    $364/sqft
    $-- HOA

    What's special

    New fenceHistoric neighborhoodNew ceiling in bedroomNew laundry center unitNew dishwasherNew roofOriginal claw foot tub
    This boho story book cottage is located in the historic neighborhood next to the Brooklyn Arts District and is in walking distance of all the entertainment, eateries, shopping, festivals, and arts that Historic Downtown Wilmington has to offer. This home has been well maintained with many updates while keeping it's original layout in tact. It's unique design has many original large windows and doorways allowing for the home to be beautifully lit with natural light. There is also a 10x33 driveway easement that is deed as the dominant owner with rights of use. Maintenance/updates 2013: Whole house plumbing, Sewer, Attic rewire, bathroom gutted-new ceiling, walls, floor, wiring, fixtures-original claw foot tub reglazed. 2017: rewire all outlets 2018: Tear off and installation of new roof 2021: over hangs painted, porches and windows painted, new ceiling in bedroom 2022: New Breaker Box upgrade Removed Natural Gas from the home, installed tankless on demand electric water heater 2023-2024: room gutted new ceiling, walls, floor repair, shower installed, new ceiling in 2nd bedroom, kitchen cabinets, new dishwasher, stove, kitchen RO, remineralizing, Alkaline drinking water system. New outdoor HVAC system and ductwork. New fence and easement repairs and improvements. 2025: Aluminum awnings painted, new laundry center unit, prep for new landscaping, continuing painting of outside trim, floors, stairs, windows, etc, original ceramic sink being made into a garden/potting area. Will post more photos soon. The crawl space is taller than most allowing for easy access and maintenance. It's clean and dry. This home is at the highest point in the area making it hurricane safe. There is no history of significant damage or storm flooding. It's very energy efficient, and clean air/no NG.
    What the owner loves about this home
    I absolutely adore this house! There's so many possibilities. The size of the home and out door space is easily managed while big enough to enjoy and entertain guests. The landscaping is being redone. You can have a clean slate and create your own beautiful space, or I can continue with my plan. This cottage is perfect for owner occupant as I have enjoyed, a business, or AB&B/ long term rental. Either type is sought after in this area. The value of this home will be increasing greatly with in the next year.
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