6 Beds
4 Baths
2,600 SqFt
6 Beds
4 Baths
2,600 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $307
Subdivision Not In Subdivision
MLS Listing ID 100526670
Style Wood Frame
Bedrooms 6
Year Built 1920
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 64 x 96
Property Sub-Type Duplex
Source Hive MLS
Property Description
Currently configured as two residences, the property offers both lifestyle and income potential. The first-floor unit is already operating as a short-term rental, while the upper level is leased to a long-term tenant for consistent cash flow. If both units were converted to short-term rentals, projected income is estimated at $80,000-$90,000 annually — making this an exceptional opportunity for investors. The home can also serve as a multi-generational retreat or easily be converted into a single-family residence by reopening the original interior doorway.
Inside, each residence is thoughtfully finished with quartz countertops, stainless steel appliances, farmhouse sinks, engineered French oak flooring, and designer tile bathrooms. Primary suites feature custom walk-in closets and spa-style showers. High ceilings, wide baseboards, and craftsman-style details add warmth and sophistication throughout.
Just steps from the Riverwalk, dining, and cultural attractions, this property represents a rare opportunity: a historically recognized home with turnkey rental income and flexible options for the future.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning HD-R-HD-R
Direction Take Market Street to Nth 5th Ave., property is on Right on the Corner of 5th and Red Cross St.
Interior
Interior Features Master Downstairs, Ceiling Fan(s)
Heating Heat Pump, Electric, Forced Air
Cooling Central Air
Flooring Tile, Wood
Fireplaces Type None
Furnishings Partially,Furnished
Fireplace No
Appliance Gas Cooktop, Electric Oven, Refrigerator, Dishwasher
Exterior
Parking Features Gravel, Off Street
Roof Type Shingle
Porch See Remarks, Covered, Porch
Building
Story 2
Entry Level Two
New Construction No
Schools
Elementary Schools Snipes
Middle Schools Williston
High Schools New Hanover
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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