This 4 Unit Investment Property in Wilmington's Popular Westside / Little Italy Neighborhood has many options... For Investors - Rent out as 4 units-- For Home Owner - Live in "˜owner's' unit on 2nd Floor and rent out 3 remaining units-- OR - Combine 2nd Floor and 3rd Floor units into one large 2 story apartment to live in or rent out along with the 2 first floor units. Building is comprised of the following: Apartment #1 - 2 Bedroom, 1 Bathroom, new carpeting, separate front entrance. Apartment #2 - Large efficiency with separate kitchen, new carpeting, main entrance on 5th street plus rear entrance. Apartment #3 - 2nd Floor "˜Owner's' unit, large kitchen, private Washer/Dryer, porch. Apartment #4 - 3rd Floor needs completion- includes 2 rooms with new windows and is ready for kitchen, bath and flooring. This unit could be combined with Apartment #3 to make one large 2 story unit. Separate gas & electric meters for each apartment. Tenants pay their own electric & gas (cooking). Owner pays for heat, hot water, taxes, insurance, water & sewer, maintenance. This property is in superior condition as the owner lived in Apartment #3 for years and maintained the building as an owner/occupant. Great Opportunity to invest in one of the most popular areas of the City !
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