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$485,000

Est. payment - /mo

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3 Beds

3 Baths

1,280 SqFt

New

516 N 7th ST Wilmington, NC 28401

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Ahmad Hussaini

ahmad@ahmadandassociates.com +1(706) 836-9895

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,280 sqft

Price per Sqft $378

Subdivision Downtown

MLS Listing ID 100610909

Style Historic Home

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1879

Lot Size 2,740 Sqft

Acres 0.06

Lot Dimensions 33x82x33x83

Property Sub-Type Single Family Residence

Source Hive MLS

Property Description

Fall in love with a piece of Wilmington history in this enchanting 1879 Queen Anne-style bungalow in Historic Downtown Wilmington. Soaring ceilings, original hardwood floors, a classic clawfoot tub, and two decorative fireplaces capture the timeless charm of a bygone era. Two bedrooms and a private, whimsical turnkey loft offer flexible living space and proven short-term rental appeal, generating over $17,000 in Airbnb rental income in less than a year with 68 five-star reviews. Recent updates include new HVAC downstairs and upstairs, exterior wood siding repairs, and fresh interior paint. Outside, a fully fenced backyard beneath a gorgeous tree canopy creates a peaceful private retreat. Just one block from the iconic One Tree Hill Bridge and minutes from the Brooklyn Arts District, Live Oak Bank Pavilion, and downtown's beloved restaurants, shops, and waterfront, this historic gem is a rare opportunity to own a home with a story to tell.

Location

State NC

County New Hanover

Community Downtown

Zoning R-3

Direction South on Market, take a right on North 7th St. House is on the right between Red Cross and Campbell.

Rooms

Other Rooms Guest House

Interior

Interior Features Master Downstairs

Heating Electric, Heat Pump

Cooling Central Air

Flooring Wood

Fireplace Yes

Appliance Electric Oven, Disposal, Dishwasher

Laundry Dryer Hookup, Washer Hookup, In Kitchen

Exterior

Parking Features On Street

Fence Full, Back Yard

Utilities Available Natural Gas Available, Sewer Available, Water Available

View None

Roof Type Metal

Porch Deck, Balcony

Garage No

Building

Dwelling Type Wood Frame,Stick Built

Story 2

Foundation Crawl Space

Water Public

Architectural Style Historic Home

Level or Stories 2

Additional Building Guest House

Structure Type Wood Siding,Wood Frame

New Construction No

Schools

Elementary Schools Snipes

Middle Schools Williston

High Schools New Hanover

Others

Tax ID R04813-025-002-000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Mary-Margaret A Porter • Fathom Realty NC LLC

NEARBY SCHOOL & BUSINESS

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CONTACT US

+1(706) 836-9895

ahmad@ahmadandassociates.com