Highest and best offers due on Thursday at 7PM. Discover a rare multifamily investment opportunity in the heart of Wilmington! This well-maintained property features 15 rental units: 9 one-bedroom and 6 two-bedroom apartments, providing a strong foundation for consistent cash flow. Each unit has its own water heater, ensuring efficient utility management. Tenants are responsible for their electric bills, reducing your overhead costs. With rental rates below market value, there's ample opportunity to increase income. Located just 9 minutes from downtown Wilmington, this property offers tenants easy access to local amenities, dining, and entertainment, making it an attractive place to call home.
Features
18370 sq. ft. floor area
crop_free32757 sq. ft. lot size
cottageApartment
Property history for 367 South Beechgrove Road
2016
Sold
$320,000
05 Aug 2016 by Stasiu Geleszinski, of RICORE Lee & Associates, LLC
Happy sellers in Wilmington
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Local market activity for apartments in Wilmington
Sold
For Sale
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