$3,290,000 $18,680 est/mo Sourced by Back At You

415 S Front Street A,b,c,d And E,Wilmington, NC 28401

Wilmington NC, 28401

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Description

The Charity-Prescott House (c.1837) located in Historic Downtown Wilmington has a bed and breakfast permit and is grandfathered in for short term rental use that transfers to the new owner upon sale. This turnkey short term rental business comes with five fully furnished and decorated 1 bedroom condos each come with a dedicated off-street parking spot plus 3 extra parking spots for maintenance. Parking passes can be purchase for street parking for you or your guest. The amazing location is a short walk to the famous Wilmington Riverwalk, dinning and much more. HOA agreement in place and each condo is allowed to legally operate as a short term rentals indefinitely. Each unit is decorated in a different style which comes with a new water heater, queen bed with hybrid mattresses and mattress protectors, a coffee and snack bar, welcome basket, kitchen basics, bathroom basics, linens, pillows, bedding, towels, decor, smart TV, appliances, and furniture. The 2nd floor condos have private balconies, and the 2 first floor condos have shared porch access. Wi-fi haș been integrated throughout the house for each condo. The building was fully renovated in the mid 2000's, including the installation of a metal and membrane roof. If the new owner wishes to operate the short term rentals themselves, WVH will include their short term rental inventory system, cleaning system, software setup, and a list of suppliers to help the new owner get started. The other available option is that Wilmington Vacation Homes can offer to continue to manage the property. The Wilmington Vacation Homes team is located in Wilmington and includes full-time cleaners, full-time management, maintenance, pest control, and in-house commercial laundry. If the new owner wishes, WVH can continue to book the units on Airbnb, VRBO, booking, expedia, hopper, and Wilmington Vacation Homes with their established ratings and manage the units.

Details

MLS#100413152
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1837
Days On Site163
Listing Provided ByArth Real Estate Group LLC | Andrea J Arth

Features

Bed(s)5
Bath(s) 6 Total
SQ Feet3,310
Story(s)2
ZoningHD-R
Acreage0.24

Market Activity 28401

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Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
AreaNew Hanover
Community NameHistoric District
School DistrictNew Hanover
Elementary SchoolSnipes
Middle SchoolWilliston
High SchoolNew Hanover
Listing VS Median (in Historic District)
Price:
$3,290,000
low | high
Med:
$604,450
100% of Average
SqFt:
3,310
low | high
Med:
2,087
86.948640483384% of Average
$ / SqFt:
$994
low | high
Med:
$296
100% of Average
On Site:
163
low | high
Med:
27.000000
100% of Average
Sourced by Back At You
Listing Updated: April 1, 2024 at 11:38:31 PM PDT