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!
4,350 Sq Ft
4,935 Sq Ft Lot Size
investment
$672 Monthly Tax
Built in 1889
MLS/Listing ID DENC2099036
2 Units
Heating - Natural Gas
Heating - Electric
Flat
Style - Colonial
Construction - Brick
Cooling - Central Air
Cooling - Ceiling Fans
Vinyl
Carpet
Stone
TOTAL MONTHLY COST
$0
$0
$0
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 05/31/2026.
Source: Bright Multiple Listing Service, Inc.
© 2026 Bright Multiple Listing Service, Inc. All rights reserved.