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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DENC526102
Sold Date 06/28/21
Style Victorian
HOA Y/N N
Originating Board BRIGHT
Year Built 1911
Annual Tax Amount $804
Tax Year 2020
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 19.70 x 80.00
Property Description
This 4 Unit Investment Property in Wilmingtons Popular Westside / Little Italy Neighborhood has many options For Investors Rent out as 4 units-- For Home Owner Live in owners unit on 2nd Floor and rent out 3 remaining units-- OR - Combine 2nd Floor and 3rd Floor units into one large 2 story apartment to live in or rent out along with the 2 first floor units. Building is comprised of the following: Apartment #1 2 Bedroom, 1 Bathroom, new carpeting, separate front entrance. Apartment #2 Large efficiency with separate kitchen, new carpeting, main entrance on 5th street plus rear entrance. Apartment #3 2nd Floor Owners unit, large kitchen, private Washer/Dryer, porch. Apartment #4 3rd Floor needs completion includes 2 rooms with new windows and is ready for kitchen, bath and flooring. This unit could be combined with Apartment #3 to make one large 2 story unit. Separate gas & electric meters for each apartment. Tenants pay their own electric & gas (cooking). Owner pays for heat, hot water, taxes, insurance, water & sewer, maintenance. This property is in superior condition as the owner lived in Apartment #3 for years and maintained the building as an owner/occupant. Great Opportunity to invest in one of the most popular areas of the City !
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26C-2
Interior
Interior Features Carpet, Wood Floors, Ceiling Fan(s)
Hot Water Natural Gas
Heating Radiator
Cooling Multi Units, Window Unit(s)
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-026.20-124
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Jeff P Derp • Long & Foster Real Estate, Inc.