Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12Real estate listing preview #13Real estate listing preview #14Real estate listing preview #15Real estate listing preview #16Real estate listing preview #17Real estate listing preview #18Real estate listing preview #19Real estate listing preview #20Real estate listing preview #21Real estate listing preview #22Real estate listing preview #23Real estate listing preview #24Real estate listing preview #25Real estate listing preview #26Real estate listing preview #27Real estate listing preview #28Real estate listing preview #29Real estate listing preview #30
listing
1 of 30
MultifamilyFor Sale
$829,000
808 N 5th Avenue
Wilmington, NC 28401
Listed by: Homes For Sale IN Wilmington, (910) 538-7767
MLS: Hive MLS
6Beds
4Baths
2,400Sq Ft
Est. Mortgage
$4,379/mo

Great 2-unit building with very strong Annual Income of $68,000 w./ greater potential income...In an amazing location...Great opportunity for strong passive income... Many opportunities such as: rent unit# 1 & use unit# 2 as your posh downtown crash pad. Or rent both units... Built to be a very LOW maintenance property; with lots of off-street parking in an amazing location! Walking distance to everything! Walk to all amenities downtown including: Live Oak Amphitheater, Social District on N 4th St, Riverwalk, CFCC, all the thriving restaurants, breweries & other exciting amenities downtown. The amazing location is very beneficial w/ Airbnb rentals...Unit 1 is already a nice Airbnb & Unit 2 has easy/ great tenants! This isa TURNKEY PROPERTY!! Furnishings can come with sale. Great property, especially when compared to other multi-family & condos that are selling downtown. Get 2 units that are low maintenance in outstanding location & has lots off street parking, at a much better price !! ( as compared to others that are selling ) A big plus is: FHA allows rent from Unit2 to be used as INCOME to help w/ mortgage approval. Income potential is based on past income. Designed & built as a modern 2-unit building, the units offer all the modern features like open floor plans & master suites w/ bathrooms. Unlike many of homes downtown that are a 100 years old, & have many ''old house'' issues....This one was built to modern building codes & standards. This is NOT like other homes downtown that were single-family homes that were ''cut up'' & ''converted'' into 2 awkward units....Can build detached garage. Other highlights: big CHARLESTON-STYLE PORCH, hardwoods, no carpet, open floor plan, amazing upper porch looks down beautifully tree-lined 5th Ave &huge backyard!.. Rare opportunity to own 2-unit building in awesome location Existing rent can help w/ financing. Turnkey with strong rents & ready to go. Very easy to show!! ...Come see it today...Call for more info.

Get in touch
Information courtesy of Homes For Sale IN Wilmington is subject to verification and is not guaranteed.
Community / School Information