Rare opportunity to purchase cash flowing multifamily property at affordable price in Wilmington. Property consists of two quadraplexes and one duplex all on one parcel. Total of ten one bedroom/one bath apartments, majority of units have been rehabbed in last 5 years. Some updates include new laminate flooring, new appliances, and installation of stackable washer and dryer units in mostt apartments. Five tenants are Sectoin 8 subsidized providing very solid, reliable cash flow for new owner. Very stable property, turnkey for investor looking for solid return. Owners have NC real estate licenses.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
