Welcome to 2400 1/2 Freemansburg Ave, a prime investment opportunity in Wilson! Strategically situated on a main st, this property boasts 3 units designed for maximum rental potential. At street level, a thriving commercial space awaits currently as a grocery store. This space encompasses a showroom and convenient half bath, ensuring both functionality and appeal. Unit 1 on the first floor, discover a comfortable apartment featuring an inviting open-concept layout blending the living room and kitchen seamlessly. Accompanied by two spacious bedroom, another room and a full bath, and in-unit laundry facilities, this unit offers modern convenience and comfort. Unit 2 on the second floor is a generous apartment highlighted by a large open living and dining area, complemented by an efficient kitchen setup. With two bedrooms and a full bath, this unit caters to the needs of tenants seeking both space and functionality. The property also features a large, unfinished basement, originally designed to accommodate a oversized one-car garage, offering ample storage options or potential for future development. With full occupancy, impeccable tenant payment records, and a stellar 8%+ cap rate, this turnkey investment promises both immediate returns and long-term stability. Don't miss out on this exceptional opportunity to add a high-performing asset to your portfolio!
733989
Mixed Use, Other
5
Northampton
2 Full/1 Half
1938
0.064
Acres
Public
Brick
Public Sewer
4,491
Sq. Ft.
Not in Development
School Information
Wilson
Bathrooms
2
1
Total:3
Interior Features
- Cooling
- Ceiling Fan(s)
Exterior / Lot Features
- Exterior
- Brick
- Zoning
- R-2-MEDIUM DENSITY RESIDENTIAL
Financial Considerations
$4,818
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