2803 Chappell Avenue, Wilmington, NC 28412

INVESTORS TAKE NOTE! The numbers crunch and the cash flows! This duplex generates rent of $1300.00 ($1350.00 as of 1/1/17) per month with extremely long term tenants in place with excellent payment histories. Great corner lot with hardwood trees. There is a BRAND NEW ROOF, new front door frames, doors, storm doors, & hallway flooring as well as new flooring and vanity in one bathroom and new front porch railings. The exterior paint job is also recent. Electric is metered separately and the water meter is shared. Rent does include water/trash currently (estimated at $175-$188 per month) No formal lease currently in place. Check your numbersthis investment makes sense!