For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DENC2036834
Sold Date 02/17/23
Style Other
Originating Board BRIGHT
Year Built 1909
Annual Tax Amount $885
Tax Year 2022
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 16.00 x 65.40
Property Description
All 3 apartments have been recently renovated within the past year. Unit A is a spacious loft consisting of 2 Bedrooms, 2 Bathrooms with long term tenants in place; Unit A rents for $650/mo. Unit B is a 2 Bedroom, 1 Bathroom 1st floor apartment that rents for $992/mo. Lastly, Unit C is the largest of them all with 3 Bedrooms, 1 Bathroom and it is currently rented for $1250/mo. All units have separate meters for utilities. Owner pays for water/sewer. Unit A is a long term tenant wanting to stay (rented WAY below market rate). Unit B and Unit C have been rented to Housing Authority and the rent payments are guaranteed from the section 8 voucher program. Rare turnkey property with a double-digit cap rate. Listing agent is a part of the ownership group.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Rooms
Basement Full, Outside Entrance, Unfinished
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Equipment Oven/Range - Electric, Refrigerator
Appliance Oven/Range - Electric, Refrigerator
Heat Source Electric
Exterior
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Christina
Others
Tax ID 26-036.30-309
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Scott C Farnan • BHHS Fox & Roach - Hockessin
GET MORE INFORMATION