Price Reduced Listing
516 N 7th Street,Wilmington, NC 28401
Wilmington, NC 28401
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 two bathrooms downstairs and a private, whimsical turnkey loft upstairs 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.
Details
| MLS # | 100610909 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1879 |
| Days On Site | 11 |
| Listing Provided By | Fathom Realty NC LLC | Mary-Margaret A Porter |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,280 |
| Story(s) | 2 |
| Zoning | R-3 |
| Acreage | 0.06 |
| Property View | None |
Interior
| Interior Features | Master Downstairs |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Yes / No | Yes |
| Laundry Features | Dryer Hookup, Washer Hookup, In Kitchen |
| Furnished | Partially |
| Rooms Total | 5 |
Exterior
| Roof | Metal |
|---|---|
| Foundation Details | Crawl Space |
| View | None |
| Construction Materials | Wood Siding, Wood Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | On Street |
Utilities
| Utilities | Natural Gas Available, Sewer Available, Water Available |
|---|
Taxes
| Tax Assessed Value | 308500 |
|---|---|
| Tax Book Number | Blk 238 |
| Tax Legal Description | NW 1/8 2 WILMINGTON BLK 238 |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Brooklyn |
| School District | New Hanover |
| Elementary School | Snipes |
| High School | New Hanover |
| Listing VS Median (in Brooklyn) | |
Price: $465,000 low | high Med: $364,995 sqft: 1,280 low | high Med: 1,564 $ / sqft: $363 low | high Med: $248 On site: 11 low | high Med: 93.5 | |
Market Activity 28401
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Brooklyn |
| School District | New Hanover |
| Elementary School | Snipes |
| High School | New Hanover |
| Listing VS Median (in Brooklyn) | |
Price: $465,000 low | high Med: $364,995 sqft: 1,280 low | high Med: 1,564 $ / sqft: $363 low | high Med: $248 On site: 11 low | high Med: 93.5 | |
