2111 N Washington Street

Description

Multi-Family Property that produces a great income with four rentable units located near the Triangle area in the City of Wilmington! This well maintained building is situated on a wide quiet street with parking on both sides of the road for the tenants and is located in a convenient spot near I-95. With the inviting front porch and historic charm this building has great curb appeal. Entering the property through the main door there is a vestibule for mail and then a secure door to enter the building. Unit 1 features two bedrooms with a spacious kitchen which is large enough for a table and includes a large pantry, gas cooking, and a newer LVP floor. There is also a separate living room, full bath, and a large hallway closet. There is a bonus room off the back of one of the bedrooms that can used in many ways. Units 2 and 3 are located on the second floor and unit 4 is located on the third floor. All three of these units are currently occupied and will be income producing right from the start! This property is equipped with separated gas meters, water heaters, electric panels, and heaters making it extra appealing for an investor renting the units. With adding a tenant to the unit 1 this property would bring in a total income of close to $5,000 a month! Having the first floor unit vacant allows for an owner occupant investor as well. Schedule your showing today so you dont miss out on this great investment opportunity!