Welcome to Cool Springs, located on the Westside of the City of Wilmington! Proximity to highways, places of worship, educational facilities, and moments to hot spots in Trolley Square, Union Street, and the Central Business district downtown, this is right in the middle of it all! Two unit apartment building comprised of a twin structure with separate entrances with a common access basement is ready for its next operator. 1001 offers four bedrooms while 1003 offers five. A sliver of off street parking rounds out the amenities for tenants and management alike. An eclectic mix of modern and functional units that afford a cozy lifestyle for tenants. Separate systems make operation dynamics a breeze and keep owner expenses to a minimum. Excellent opportunity for some value add projects while repositioning of rents to increase cash flow and maximize return on investment. Could be the cornerstone of a performing portfolio, or a healthy addition to a scaled operation. A unique opportunity in a desirable locale for the smart investor to capitalize on!
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Listing Snapshot
Price
$950,000
Days On Site
167 Days
Bedrooms
N/A
Inside Area (SqFt)
4,350 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1889
MLS® Number
DENC2099036
Status
Active
Property Tax
$8,065.21
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
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