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31699677
31699678

5 Winston Avenue, Wilmington, DE 19804

PM
PA DE RB-0003304
Meyer & Meyer Realty
Listed by Meyer & Meyer Realty
$1,200,000
50 days on market
Updated 50 days ago

5 Winston Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,000
Units 8
Cap Rate 7.40%
Class C
Acreage 0.500

30 Year Cash Flow Apartment Building available to add to your investment portfolio

Marketing description

Conveniently located just outside the city of Wilmington on public transportation, this apartment building is a steady cash flow property to add to your real estate portfolio. Current owner has managed this building for over 30 years. You have eight one bedroom apartment with separate utilities, off street parking for each unit, washer and dryer area for convenience and extra income and three of the units have recently been updated in the last 18 months. Tenants have been selectively screened, no late payment issues. If you are looking for a great property that is next to Richardson Park just outside the city, this is the one. Easy to view, call for your private tour today !!!!!

Investment highlights

30 year cash flow apartment building, 8 one unit bedrooms with separate utilities, off street parking for all units, close to the City of Wilmington, Delaware, laundry room, outside entrances and a proof income stream property to add to your investment portfolio.

Listing Contacts

PM
PA DE RB-0003304
Meyer & Meyer Realty
Listed by Meyer & Meyer Realty

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