$402,500
$399,900
0.7%For more information regarding the value of a property, please contact us for a free consultation.
2,400 SqFt
SOLD DATE : 12/19/2024
Key Details
Sold Price $402,500
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $167
MLS Listing ID DENC2070942
Sold Date 12/19/24
Style Colonial
Abv Grd Liv Area 2,400
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,781
Tax Year 2022
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 18.00 x 100.00
Property Description
Multi-family property with three large units located in the City of Wilmington right across the street from the Quaker Hill Meeting House in the Quaker Hill area. This historic well maintained property is in a great location with public street parking across the street and excellent curb appeal all around. These units are all approximately 1100-1200 sqft with separated central air/heat pump units, separate water heaters, and separate electric meters for each unit. Each unit is a similar layout to the third floor unit featured in the photos. The first floor and second floor units are currently occupied by tenants. The third floor unit is vacant and available for immediate rent or for an owner occupant to occupy and collect rent on the other two units. The third floor unit has been updated with new carpet, new LVP flooring, and fresh paint all in 2024. Other recent updates include a new roof in 2022, new full HVAC replacement in the third floor unit in 2021, and a new outdoor HVAC unit for the first floor unit. With market rent for each unit around $1350+ a month this property could bring in over $4,000 a month with all three units rented at current market rents. Schedule a showing today to see the possibilities this property has to offer for an owner occupant investor or an investor looking to add to their portfolio!
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R5-B
Rooms
Basement Full
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools Bayard
School District Christina
Others
Tax ID 26-035.30-071
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Vincent Garman • Compass
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States