Come see this great investment opportunity! The building features 3 units consisting of three 2-bedroom units and 1-bathroom units. Separate gas hot water and electric services for each unit. This property is within walking distance to Downtown Wilmington, the Business District, and the Wilmington Riverfront. This property offers a great investment opportunity or the chance to owner-occupy one unit while renting out the others. The building has Three two-bedroom 1 bath units at $1,200 each. $3,600 a month total plus the garage is rented at $150 a month which is approximately $45000/yr annual rental income. The City of Wilmington Business license is current for all the rental units. The landlord does have the security deposits in Escrow. All the utilities are separate systems. The house has a central sprinkler system, hard wired smoke and carbon dioxide detectors. Don’t miss out on this opportunity!
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Listing Snapshot
Price
$350,000
Days On Site
86 Days
Bedrooms
6
Inside Area (SqFt)
2,775 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
1890
MLS® Number
DENC2106736
Status
Active
Property Tax
$2,715
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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