Carla Wilson

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    Welcome to Cool Springs, located on the Westside of the City of Wilmington! Proximity to highways, places of worship, educational facilities, and moments to hot spots in Trolley Square, Union Street, and the Central Business district downtown, this is right in the middle of it all! Nine unit apartment building comprised of two structures with separate entrances with a common access basement is ready for its next operator. 1001 offers four units while 1003 offers five. A sliver of off street parking rounds out the amenities for tenants and management alike. An eclectic mix of modern and functional units that afford a cozy lifestyle for tenants. Separate systems make operation dynamics a breeze and keep owner expenses to a minimum. Excellent opportunity for some value add projects while repositioning of rents to increase cash flow and maximize return on investment. Could be the cornerstone of a performing portfolio, or a healthy addition to a scaled operation. A unique opportunity in a desirable locale for the smart investor to capitalize on!

    Source: BRIGHT MLS, MLS#: DENC2099036

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    • Property Type
      Residential Income
    • Lot
      0.11 acres

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    Carla Wilson

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    • Median Age
      42
    • Population Density
      4,774
    • College Educated
      74%
    • Estimated Median Income
      $70,256
    • Estimated Total Home Owners
      2,655
    • Estimated Total Renters
      2,731
    • Owner / Renter Divide
      49% / 51%
    • Estimated Average Household Size
      2
    • Total Population
      9,313
    • Community data courtesy of LiveBy, Inc.

    Owning this Home

    $
    $ %
    %
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    Life at 1001 & 1003 W. 8th St. W 8TH STREET

    Schools


    School data courtesy of LiveBy, Inc.
    Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.
    Listing provided courtesy of Pantano Real Estate Inc- MLS# DENC2099036MLS ProviderContact Information: [email protected] - 3028880300

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