Part of 5-property income portfolio in downtown Wilmington -- offered as a single transaction. or as a stand alone. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new… Read More windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is. Read Less
Courtesy of Benjamin T Eisenberg, RE/MAX Essential
Built in 1938, Construction materials: "Vinyl Siding", "Wood Frame", Levels: "One", Living area units: Square Feet, 1 total story, Structure type: "Wood Frame", "Stick Built", Toal building area: 1154
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of . All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor RE/MAX Essential shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
Confirm your time
Fill in your details and we will contact you to confirm a time.