Description:

KW Commercial is pleased to exclusively present for sale the Meeting House Village Apartments. This 11 unit Value Add Multifamily Property is located just a short walk from the Wilmington Train Station and nearby Downtown Financial District in Wilmington, DE.
Situated on a beautiful block lined with historical brick buildings and boasting a sprawling .63 acre lot, this three-story, 12,000 SF structure offers a great unit mix of one (1) studio, three (3) 1 bedroom 1 bath units, four (4) 2 bedroom 1 bath units, and three (3) 2 bedroom 2 bath units. The third-floor units have vaulted ceilings with stylish exposed beams, and all of them have spiral staircases that lead up to a loft area.
Separately metered all-electric building with mostly all new heat pumps and hot water heaters inside each unit. Laundry room on the first floor offers additional monthly income. With the solid bones and nicely designed floorplans, an investor could update kitchens, bathrooms, floors and common areas and create true value. Also very nice potential to update the parking lot and landscape the yard to really enhance the experience for the tenants and the neighborhood.

Presented by:

Carl  Adams,  e-Pro, GRI

Director

(215) 803-8507

(215) 803-8507

Click here to email

Listed by:

Crownstone Investment Group