Unlock the potential of this 4-unit multifamily property located in the heart of Wilmington. The first-floor unit is currently leased, providing immediate income, while the remaining three units have been gutted and are ready for renovation, offering investors the opportunity to create significant value and maximize future cash flow. This three-story brick building features approximately 2,967 square feet and sits on a sizable lot. Whether you're looking to complete a full repositioning project, or add to your rental portfolio, this property offers a blank canvas with strong upside potential. Conveniently located near downtown Wilmington, major employers, transportation, shopping, and dining. Buyer to perform their own due diligence regarding zoning, permits, building codes, square footage, property taxes, and intended use.
Listing courtesy of Compass. Contact:
Selling Office: Century 21 Gold Key Realty.
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