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$429000 / 5br - 2475ft2 - Bungalow Rental Property - Live Mortgage Free (Wilmington, NC - Ardmore Neighborhood)

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Nun St near South 18th St

(google map)

5BR / 4Ba 2475ft2 available nov 19, 2019

furnished
townhouse
w/d in unit
off-street parking

Residential Investors, Cash buyers only. Serious buyer inquiries, please call. If submitting an OTP, please submit your best offer up front. We will not negotiate or respond to low/unreasonable offers.

Fully Furnished Property with tenants in place for each of the three units. $173 Per Sq Foot. Comparisons in this highly desired neighborhood are higher price per Sq Ft.

Completely renovated multi-family property in the coveted Ardmore Community. The main house is a 1933 craftsman single story bungalow with 3 bedrooms, 2 bathrooms, living room, dining room, kitchen, and laundry room. The house was renovated within the last 5 years. Items upgraded are new roof, electrical, plumbing, duct work in attic and central HVAC throughout, crawl space encapsulated with dehumidifier and vapor barrier, double pane vinyl windows, stainless steel appliances, granite countertops, solid wood cabinets, custom tile in the kitchen and bathrooms with new fixtures, original refinished hardwoods, electric fireplace on a fenced in corner lot with two off-street parking spaces. This house is fully furnished with current rental history of $1,900 per month with a tenant in place.
Also, on the property is a turnkey two-story apartment building with a modern first floor studio, 1 bath, full kitchen, new appliances, granite counter tops, porcelain tile floors, fully furnished this space currently brings in $1,300 per month and the second floor 1 bedroom, 1 bath apartment with new hardwood flooring, porcelain tile in kitchen and bath, fully furnished currently brings in $1,300 per month with tenants in both apartments. The apartment building has been upgraded within the past year with all new electrical, plumbing, roof, washer/dryer and dog bathing station. Each apartment has its own private entrance.

Side Note: The final two remaining items we did not get to are painting the apartments exterior with a fresh coat and correcting settled steps at front porch.

Thanks
Jeff
  • do NOT contact me with unsolicited services or offers

post id: 7023378902

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