310 N 5th Ave, Wilmington, NC 28401

Property Description

Historic Downtown Wilmington Charm with Income-Producing Potential! Discover a unique opportunity in the heart of Wilmington's Historic District! Offering approximately 3,194 square feet of living space, this versatile property combines historic character, flexible living arrangements, and income-producing potential in a highly desirable downtown location. Currently configured as a duplex, the property features a private upstairs one-bedroom, one-bath apartment, previously rented for $1,600 per month, providing an excellent opportunity for supplemental income or multi-generational living. Separately metered units offer added flexibility for an owner-occupant or investor. Previously configured as a triplex, the property's layout also offers possibilities for those seeking additional versatility. Outdoor amenities include a screened deck, above-ground pool, and fenced front and back yards, creating plenty of space to relax and entertain. A detached one-car garage offers additional upstairs space ideal for a home office, studio, or storage. With off-street parking for up to six vehicles, convenience is another standout feature rarely found in downtown Wilmington. Inside, original hardwood flooring remains beneath portions of the existing carpet and luxury vinyl plank, offering an opportunity to restore and showcase the home's historic character. Enjoy being just minutes from downtown Wilmington's restaurants, boutique shops, riverfront attractions, and Live Oak Bank Pavilion. Whether you're looking for an owner-occupied property with rental income, an investment opportunity, or a spacious historic downtown home with room to make it your own, this property offers a combination of location, flexibility, and potential that's hard to find!