Fully renovated duplex with all permits and zoning located in the heart of the City of Wilmington. This is the perfect addition to an investors rental portfolio. Updated systems include: electric, plumbing, windows, (2) HVAC units, (2) gas meters, hot water tanks, and so much more! This is the best property in town!
The first unit is located on the lower level with 2 bedrooms, 1 bathroom. The apartment has an open floor plan with brand new stainless steel appliances, fresh paint, granite countertops and vinyl wood floors. The apartment has access to the basement with plenty of storage and the backyard.
Unit 2 makes up the 2nd and 3rd floor with 4 nice sized bedrooms and 2 full bathrooms. The property has laminate floors throughout, stainless steel appliances, fresh paint, and granite countertops.
Current rents: 2 bedroom at $1,200 and 4 bedroom at $1,792 (Section 8 approved). Both unit leases expire February 2025. Opportunity is knocking! Who wants a chance at a fully renovated investment property that is turnkey ready and income producing?

Please be advised that this property is located in a geographic area which may result in the buyer being eligible for special loan programs which may provide additional financial assistance to buyers.

Landlord pays real estate taxes and sewer.