Great opportunity to purchase a investment property including 3 rental units, plus a former doctor's office, AND 22 open parking spaces! Two units are currently occupied. Property is accessible on N. Jefferson Street and Windsor Street and is within walking distance to downtown Wilmington, bus routes, businesses, employment, entertainment, food & fun!
Great cash flow potential for investor! One unit occupied at $675 with lease ending soon. 2nd Unit is vacant. Tenant pays for gas,electric, cable,phone, and internet. Seller pays for water ans sewer. Duplex is average condtion, but ready for occupancy on 2nd unit now. Homne to be conveyed in "aS IS" condition with no warranties implied in writing or orally.
This property needs some TLC but was just recently occupied and was rented for over $2,000 a month. At $60,000 a smart investor will make his investment back in a few short years. If some upgrades were made rents could be increased and it would be a great investment.