418 S 5th Ave, Wilmington, NC 28401

$715,000
5
BD
5
BA
3,018
SqFt

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Sold Price
$715,000
List Price
$774,800
Status
CLOSED
MLS#
100390307
Closing Date
Oct 02, 2023
Days on Market
72
Days On Market
72
Year Built
1912
Levels
Two
Bedrooms
5
Bathrooms
5
Half-baths
1
Full-baths
4
Living Area
3,018
Acres
0.12
Neighborhood
Historic District

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.

Additional Information

Available Amenities
None
Interior Features
Master Downstairs, High Ceilings, Entrance Foyer, Kitchen Island, Walk-In Shower
Cooling
Central Air
Heating
Electric, Forced Air
Foundation
Crawl Space
Roof
Metal
Lot Information
Front Yard
Utilities
Natural Gas Available, Sewer Available, Water Available
Water
Public

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Carolina Premier Properties. Selling Office: Intracoastal Realty Corporation.

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