$32,500
$35,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
825 SqFt
SOLD DATE : 05/17/2019
Key Details
Sold Price $32,500
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 825 sqft
Price per Sqft $39
Subdivision Browntown
MLS Listing ID DENC474746
Sold Date 05/17/19
Style Other
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 825
Originating Board BRIGHT
Year Built 1906
Annual Tax Amount $779
Tax Year 2019
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 12X60
Property Description
The property has a combo lock box and can be shown 7 days a week with short notice by just calling or sending me a text. Possible 3rd bedroom on 2nd floor by combining 2 small rooms. PRICED WELL BELOW MARKET VALUE. PRICE AS-IS $35,000. PRICE WILL INCREASE TO $45,000 WHEN IT IS READY TO BE OCCUPIED. Estimated costs of repairs is $2,500). There was a small kitchen fire on the floor above the craw space. No water, electric or plumbing damage and very little fire damage. To locate the fire the fire fighters and to remove a 5' x 5' section of the floor, small portions of the kitchen wall and the back door (see pictures). REPAIRS WILL BEGIN SOON AND ONCE COMPLETED THE PRICE WILL INCREASE. Price comparison to other properties for sale in Browntown: 817 Marshall Street $43,900. 810 Anchorage Street $45,900. 216 Lower Oak Street $54,900. 106 Cedar Street $59,900. 214 5th Avenue $65,000. 309 Cedar Street $68,000. IN PRIOR YEARS ALL THE PLUMBING & ELECTRIC WIRES WERE REPLACED. A electrical inspection was just completed and the electric will be back on soon. THE HEATER AND HWH HAVE BEEN USED FOR ABOUT 3 YEARS AND WERE NOT DAMAGED BY THE FIRE but they will need a inspection prior to occupancy. DRY STANDUP BASEMENT. LARGE KITCHEN AND MASTER BEDROOM. MAINTENANCE FREE EXTERIOR. Small covered back porch. Low traffic on a 1 way street with parking on both sides of the street. CLOSE TO EVERYTHING. Within walking distance to shopping, banks, the riverfront and just about everything else. There is a large demand for rental properties in Browntown. This property would rent for $800 to $900 a month and the tenant pays for all utilities. If you prefer you can hire a property management company to collect rent and do your approved maintenance and repairs. Great return on investment will provide a lifetime income.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning RESIDENTIAL
Rooms
Other Rooms Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
Basement Partial
Interior
Interior Features Kitchen - Eat-In
Hot Water Natural Gas
Heating Forced Air
Cooling None
Equipment Refrigerator, Stove
Fireplace N
Appliance Refrigerator, Stove
Heat Source Natural Gas
Laundry None
Exterior
Exterior Feature Deck(s)
Fence Other
Utilities Available Cable TV, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
Roof Type Flat
Accessibility None
Porch Deck(s)
Garage N
Building
Lot Description Rear Yard
Story 2
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District Christina
Others
Pets Allowed N
Senior Community No
Tax ID 26-042.30-231
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Jeffrey Stape • Patterson-Schwartz-Brandywine
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
tyronetoneytherealtor@gmail.com
4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States