708 N VAN BUREN STREET, WILMINGTON, DE 19805

Are you looking for a turn-key investment property that produces an immediate return on investment? If so, come see this fully occupied brick duplex located in Cool Springs.  Rarely available, this building features 2 large apartments with separate entrances.  Unit 1 is a bi-level apartment with 2 bedrooms and 2 full bathrooms with direct inside access to the basement and exclusive access to the large backyard.  Unit 2 is a modern bi-level apartment with 2 bedrooms and 1.5 bathrooms, an in-unit washer/dryer connection and a NEW deck off of the primary bedroom with an awesome view of downtown Wilmington.  The roof was recently replaced (Jan. 2025) and all apartments feature central air conditioning.  Each unit has its own HVAC system, hot water heater and is separately metered for electric services.  The landlord pays for water/sewer, grounds/lawn care, property taxes and insurance.   Please see income and expense sheet for additional information.  Producing just under $3,000 a month, this is a solid investment property with good rental history.  You don’t want to miss this one!   Building is being sold in "as is" condition.