Description
Excellent Investment Opportunity " Turnkey 5-Unit Apartment Building in WilmingtonA rare opportunity to acquire a fully operational, income-producing apartment building in the heart of Wilmington. This well-maintained, turnkey property features five units " two spacious 2-bedroom units and three 1-bedroom units.Presently, four units are occupied, with one pending a new tenant, providing immediate cash flow. Rents are currently below market, presenting an opportunity for increased returns through rent adjustments. Most leases are month-to-month with long-term tenants.The partially finished basement offers potential for an owners office or additional storage. Property is being sold as-is and is in good overall condition. Inspections are for informational purposes only.Perfect for investors seeking strong rental demand and long-term growth potential.
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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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3,175SQFT
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$179$/SQFT
Description
Excellent Investment Opportunity " Turnkey 5-Unit Apartment Building in WilmingtonA rare opportunity to acquire a fully operational, income-producing apartment building in the heart of Wilmington. This well-maintained, turnkey property features five units " two spacious 2-bedroom units and three 1-bedroom units.Presently, four units are occupied, with one pending a new tenant, providing immediate cash flow. Rents are currently below market, presenting an opportunity for increased returns through rent adjustments. Most leases are month-to-month with long-term tenants.The partially finished basement offers potential for an owners office or additional storage. Property is being sold as-is and is in good overall condition. Inspections are for informational purposes only.Perfect for investors seeking strong rental demand and long-term growth potential.
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