$221,100
$205,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
1,375 SqFt
SOLD DATE : 02/21/2025
Key Details
Sold Price $221,100
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,375 sqft
Price per Sqft $160
MLS Listing ID DENC2074408
Sold Date 02/21/25
Style Other
Abv Grd Liv Area 1,375
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,183
Tax Year 2024
Lot Size 1,307 Sqft
Acres 0.03
Lot Dimensions 23.60 x 47.00
Property Sub-Type Interior Row/Townhouse
Property Description
🏡 Investment Property Opportunity! 🏡
Location: Highly sought-after area in North Wilmington.
Property Type: Duplex/Multi-unit residential home
Description: This investment property offers 2 units with a mix of 3 bed/ 1 bath layouts. Each unit is maintained and the first floor unit is currently occupied with reliable tenants, providing a steady rental income stream. The property upstairs unit features fresh paint, updated kitchens, etc. With strong rental demand in the area, this is a fantastic opportunity for investors seeking a lucrative real estate investment.
Financials:
- Current rental income: $1200 for bottom unit.
- Potential for rent increase: Lease expires for 1st floor unit in July.
Don't miss out on this excellent investment opportunity! Contact Natalie Victor today for any questions and ShowingTime to schedule a viewing. There will be a minimum of 48 hours notice needed to view occupied unit in 1st floor. Please contact me to schedule
Location
State DE
County New Castle
Area Brandywine (30901)
Zoning 26R-3
Rooms
Basement Full
Interior
Hot Water Electric
Heating Heat Pump - Gas BackUp
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Other
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-022.20-148
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 Amanda Fales • Compass
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