Great opportunity to own great 2-unit building with very strong income! Current monthly rents are $5495! In a great location, walking distance to everything! Unit 1 already set up as nice Airbnb / Furnished Rental, & Unit 2 is income producing w/ great tenant. A big plus is: FHA allows rent from Unit 2 to be used as INCOME to help w/ mortgage approval. PNC offering $5000 incentive program for qualified buyers!! A great LOW maintenance property w/ tons of OFF-STREET PARKING! OUTSTANDING LOCATION: walking distance to all the fun events & amenities downtown! Such as: Live Oak Amphitheater, Restaurants, Riverwalk, Breweries, Live Events, Parks, CF College, Brooklyn Arts, etc...Unit1 already functioning as furnished rental w/ strong history..,This is a turnkey property!
Many options exists w/ this 2-unit building.... Airbnb the furnished Unit & use it ''some'' as your ''downtown crash pad'' while collecting steady rents from Unit 2 ...Or continuous rent Unit 1 & Unit 2...or live-in Unit1 & collect steady rent Unit2...Originally designed & built as a modern 2-unit building in 2000s, the units offer all the modern features like open floor plans & master suites w/ bathrooms. Unlike many of homes downtown that are a 100 years old, & have many ''old house'' problems....This one was built to modern building codes & standards. This is NOT like many other homes downtown that were single-family homes that were ''cut-up / converted'' into 2 awkward units....A few other highlights: big CHARLESTON-STYLE PORCH, hardwoods, no carpet, off-street parking, open floor plan, amazing upper porch that looks down beautifully tree-lined 5th Ave & huge backyard! Possible to build another rentable unit or garage. Rare opportunity to own 2-unit building in one of best locations downtown. Very strong short-term rental location. Existing rent can help w/ financing. Turnkey with strong rents & ready to go. Rare opportunity...Very easy to show...Come see it today...Call for more info.
This listing is provided courtesy by Mike Lardieri, Homes For Sale in Wilmington, Inc.
Map may not be 100% accurate.
