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Key Details
Sold Price $143,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,125 sqft
Price per Sqft $67
Subdivision Wilm #04
MLS Listing ID 1001758052
Sold Date 08/17/18
Style Other
HOA Y/N N
Abv Grd Liv Area 2,125
Originating Board TREND
Year Built 1919
Annual Tax Amount $2,091
Tax Year 2017
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions 28X100
Property Description
Why should you invest in this property over all the options out there, including not investing in anything at all? Because this two-unit property has a terrific tenant in place whose rent is currently covering the entire mortgage payment! And the tenant will be renting their unit for at least another year or more. Both apartments have excellent leasing history over the course of current ownership, with good tenants and zero late rental payments. Each unit has a spacious kitchen with plenty of cabinet space, refrigerator, stove, and microwave. The bedrooms easily fit queen sized beds, with plenty of storage space in each unit. The entire interior has been freshly painted, top to bottom, in neutral grey color. Prospective tenants love the second floor unit, with the upper loft bedroom and exposed brick wall. The first floor unit is also an easy rent and typically leases within a month, when listed as available. The previous tenant for this unit paid $800 a month and there's potential for more. This location is within walking distance to public transportation on Baynard Boulevard and Rodney Square, and close to all major highways. Separate electric and gas utilities, and washer and dryer facilities in each apartment make this property a great purchase. Live in one and have your tenant pay your mortgage or rent them both out and have great investment for your portfolio. Note: While all information, data and measurements are assumed to be accurate, Buyer is responsible for verifying all information, data and measurements. Nothing can be construed as a guarantee. Owner is co-listing agent and a licensed Delaware real estate broker.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-2
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Interior Features Ceiling Fan(s)
Hot Water Electric
Heating Electric
Cooling Wall Unit
Fireplace N
Heat Source Electric
Laundry Washer In Unit, Dryer In Unit, Hookup, Has Laundry
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-022.10-088
Ownership Fee Simple
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Bought with Michael C Dunning • Patterson-Schwartz-Hockessin