311 S 7th St, Wilmington, NC 28401

$319,000
3
BD
1
BA
880
SqFt

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List Price
$319,000
Status
ACTIVE
MLS#
100611049
Days on Market
1
Year Built
1903
Levels
One
Bedrooms
3
Bathrooms
1
Full-baths
1
Living Area
880
Acres
0.06
Neighborhood
Not In Subdivision

Property Description

**HISTORIC DOWNTOWN CHARM • TURNKEY OPPORTUNITY • LIMITED-TIME $10,000 SELLER CREDIT!** Welcome to 311 S 7th Street, a cheerful 1903 cottage with a sunny bright exterior, turquoise front door, and an inviting covered front porch that practically says, ''Welcome home!'' Tucked along a quiet residential street in historic downtown Wilmington, this charming 3-bedroom, 1-bath bungalow is just 3 blocks from the vibrant Castle Street Arts District and 7 blocks from the scenic downtown Riverwalk! Enjoy easy access to local restaurants, boutiques, breweries, entertainment, and everything that makes downtown Wilmington such a desirable place to visit or call home, with convenient on-street parking adding to the everyday ease of this location. **OFFERED FULLY FURNISHED AND EQUIPPED FOR SHORT-TERM RENTAL USE, IF DESIRED!** Furniture, linens, kitchenware, appliances, washer and dryer, and existing household supplies may convey, making this charming cottage equally appealing as a primary residence, downtown getaway, or investment opportunity. Inside, natural light, cozy living spaces, and classic cottage character create a warm, welcoming atmosphere. Three bedrooms offer flexibility for family, guests, or a home office, while the cheerful kitchen with dining space and inviting living areas make everyday living feel comfortable and easy. And then there's the backyard! A private, fully fenced retreat perfect for relaxing, entertaining, and enjoying Wilmington's beautiful coastal evenings. Gather around the chiminea, enjoy dinner outdoors, or unwind beneath the stars. Together with the covered front porch, these inviting outdoor spaces offer plenty of opportunities to enjoy life outside. **AN ESTABLISHED RENTAL HISTORY!** Affectionately known to vacation guests as *Bungalow 7*, this property has operated as a short-term rental for the past three years, accumulating 116 guest reviews across Airbnb, Vrbo, and Booking.com under its current owners. Historical host payout records and an independent rental revenue projection are available for review. Future guest reservations are currently in place and will be addressed as part of the sale, subject to applicable North Carolina vacation rental laws and contract terms. Optional convenient continued hosting and management services may be available through the current host under a separate agreement. **PLUS, SELLER IS OFFERING UP TO $10,000 IN CLOSING COST CONCESSIONS WITH AN ACCEPTABLE OFFER**, subject to contract terms and applicable financing guidelines. Whether you're looking for a place to call home, a charming downtown escape, or an established investment opportunity, 311 S 7th Street offers historic personality, downtown convenience, and possibilities for its next chapter. Come see what makes this historic downtown bungalow so special!

Additional Information

Available Amenities
Park, Street Lights, See Remarks, Recreation Nearby, Shopping Nearby, Short Term Rental
Appliances
Electric Oven, Other, Washer, Refrigerator, Dryer, Electric Range
Interior Features
Ceiling Fans, Furnished, Smart Thermostat, Other
Cooling
Central Air
Heating
Electric, Forced Air, Heat Pump
Foundation
Crawl Space
Roof
Architectural
Utilities
Cable Available, Sewer Connected, Water Available, High Speed Internet
Lot Water Features
Other
Water
Public
Elementary School
Snipes
Middle School
Williston
High School
New Hanover

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Intracoastal Realty Corporation.

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