An incredible opportunity awaits. Located in Wilmington's Historic District is a unique 5467 square foot historic mansion This Queen Anne-style historic mansion was built by E. William Gilchrist in 1894. It is rare to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.4… Read More acre and fronts Market Street as well as 7th Street. It is within walking distance to downtown and very close to the new Coca-Cola Soda Pop district.There are many directions one can take this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) One could also renovate the 6 bedrooms, 5 bath mansion as a luxurious palatial estate for your own use. Due to the land size and access, there is room for other development plans too. The current owners have gone to great lengths in the restoration of this property. The site has been cleared, all approvals, architectural and engineering plans are in place and ready for this majestic conversion. All the architectural drawings and engineering plans and more are included with this opportunity. The exterior of the mansion has been extensively cared for, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more! A property of this nature is a rare find. If you are looking for the chance for a spectacular residence, or investment opportunities, this property is all that and more. Read Less
Courtesy of Jeffrey G Hovis, Intracoastal Realty Corp
Listing Snapshot
Days Online
254
Last Updated
Property Type
Multi Family
Square Ft.
5,467
Lot Size
0.42 Acres
Year Built
1948
MLS Number
100472146
30 Days Snapshot Of 28401
$391k
-1%
(avg) sold price
33
-10%
homes sold
79
+16%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road/Trans Access: Airport: Less than 5 Miles, Road/Trans Access: County Highway: 6 - 10 Miles, Road/Trans Access: Interstate: 6 - 10 Miles, Road/Trans Access: Port: 6 - 10 Miles, Road/Trans Access: Rail: 6 - 10 Miles, Road/Trans Access: State Highway: 6 - 10 Miles
Attic Information
Access Only
Basement
Dirt Floor
Cooling
Central Air
Exterior Features
Wood Siding
Floors
See Remarks, Wood, Tile
Water Features
Electric
Heating
Forced Air
Lot
18,252 sqft lot, Lot Description: See Remarks, Lot Dimensions: Irregular, Lot Water Features: None, 0.42 acres
Energy Saving
None
Parking
Parking/Driveway: Off Street
Property
5,467 heated sqft, 5,467 total available sqft, Built in 1948, C & I Features: None, Federal Flood Insurance available, List Price/SqFt: $181, Zoning: HD
Roof
Metal
Sewer
Water Available
Taxes
City Tax Rate: 6443, Property Taxes: $4,490, Tax Year: 2024
Utilities
Electric Provider: Duke Progress Energy, Sewer Provider: Cape Fear Public Utility Authority, Water Provider: Cape Fear Public Utility Authority, Fuel Tank: None
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