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Key Details
Sold Price $155,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,150 sqft
Price per Sqft $134
Subdivision None Available
MLS Listing ID 1003043272
Sold Date 03/15/16
Style Other
HOA Y/N N
Abv Grd Liv Area 1,150
Originating Board TREND
Year Built 1918
Annual Tax Amount $1,000
Tax Year 2015
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 26X25
Property Description
Investor Alert! Renovated 4 unit apartment building. Tenants pay electric & heat. Owner only pays water/sewer, taxes & insurance. All units recenently updated. Take advantage of low interest rates. Smart investors are buying now. Payments could be under $1000/mo. The monthly numbers are: $2525 (rent income) - $169 (taxes) - $154 (water/sewer) - $75 (insurance) - $1,000 (mortgage payment) = CASH FLOW! Two tax parcels sold together (Parcel 2602210265 201 W 25th St & Parcel 2602210264 203 W 25th St).Motivated Seller! Bring Offers!
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Electric
Heating Electric
Cooling None
Fireplace N
Heat Source Electric
Laundry None
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 26-022.10-265
Ownership Fee Simple
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Bought with Robert Lilley • RE/MAX 1st Choice - Middletown
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