Description
Exceptional Investment Opportunity in Downtown Wilmington!
Unlock the potential of 805, 807, 809, and 811 Gerdes Alley! This property features two duplex buildings with a total of four updated 2-bedroom, 1-bathroom units—perfectly situated in the vibrant heart of Wilmington.
Property Highlights:
Four Modern Units: Each thoughtfully updated for comfort and style
Convenient Amenities: All units include a washer/dryer and dedicated storage room
Off-Street Parking: Ensures ease of access for residents and guests
Expansion Potential: Opportunity to add additional units for increased income!
Whether you're a seasoned investor or looking to start your portfolio, this property offers a fantastic return in a desirable location.
Property Highlights
- Property Type: Multi Family, Quadruplex
- MLS #: 100470498
| Elementary School |
Snipes |
| High School |
Hoggard |
| Middle School |
Williston |
| Number of Units in Community |
4 |
| Property Subtype |
Residential Income |
| Property Type |
Quadruplex |
| Subdivision |
Downtown |
| Taxes |
$3,182 |
| Flooring |
Concrete, Tile |
| Furnished |
Unfurnished |
| Laundry |
In Kitchen |
| Total Baths |
4 |
| Total Beds |
8 |
| Construction Materials |
Wood Siding |
| Cooling |
Wall/Window Unit(s) |
| Fencing |
Back Yard |
| Heating |
Wall Furnace, Electric |
| Interior Features |
Master Downstairs |
| Interior Square Footage |
2,488 |
| Lot Size Acres |
0.29 |
| Lot Size Dimension |
irreguler |
| Lot Size Square Feet |
12,720 |
| Roof |
Shingle |
| Stories |
One |
