513 HOMESTEAD RD, WILMINGTON

Looking for a multi-family? Of course you are! Not much product available in this classification. Welcome to Alban Park! Located just on the outskirts of the City of Wilmington proper and nestled within close proximity to the Riverfront District of downtown. Homestead Rd. features an abundance of purposefully built multi-family buildings from a bygone era. Each building features two, 2 bedroom apartments with a common area basement space for storage as well as a two car garage and driveway out back. Each unit has separate electric, gas, and water so tenants pay everything. Walk in the split foyer hallway and go up to the first floor unit on your left. Great room entrance followed by open dining and kitchen space combination. Hallway leads to full bathroom and two sizable bedrooms with ample storage capacity on the rear of the unit. Upper floor unit is a mirror of this space. Currently, the main floor is occupied with long term tenant paying $800 on a month-to-month lease. Second floor unit is empty, features fresh cosmetics, so all you need to do is advertise and take applications. Expected rent could be in the $1,200 a month range. Excellent opportunity to purchase two for the price of one and get the cash flowing!