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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Wilm #14
MLS Listing ID DENC512060
Sold Date 12/23/20
Style Colonial
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,444
Tax Year 2020
Lot Size 1,307 Sqft
Acres 0.03
Lot Dimensions 15.60 x 72.50
Property Description
Welcome to Little Italy! A community on the West Side in the City of Wilmington oozing with character and stability. This three story, brick/masonry end of row triplex provides an excellent opportunity for investment. The property has been totally renovated in the recent past and provides a host of modern amenities and mechanical systems blended into an old world structure. The building features two, 2 bedroom units and one, 1 bedroom unit, all of which are currently occupied. Enter the building from the side and off to the right is a laundry facility for the occupants. First floor unit is a two bedroom. Up the stairs to the second floor unit which is a one bedroom. Second floor has private balcony which is accessed via the common hallway and provides a space to relax and also plays host to the updated HVAC condensers for central air in each unit. Third floor is the last unit which features a nice island in the kitchen and two bedrooms. Each unit has its own gas fired HVAC, gas fired hot water tank, separate electric meters with in-unit panels and central air for the warmer months in the distant future. Fully occupied and performing, this building would make a great addition to a scaling portfolio or would make a good anchor for the beginning of one. Walking distance to local schools, places of worship, entertainment on N. Lincoln St., N. Union St., Pennsylvania Ave., and a hop/skip/jump into Trolly Square, this property provides a high quality and value proposition for the seasoned or aspiring investor to take full advantage of!
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Rooms
Basement Outside Entrance, Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Carpet, Laminated, Vinyl
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-027.10-078
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Brandon R Murray • Long & Foster Real Estate, Inc.