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Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $140
Subdivision Brandywine Village
MLS Listing ID DENC2047816
Sold Date 09/29/23
Style Colonial
Abv Grd Liv Area 1,350
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,795
Tax Year 2023
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Great turn-key investment opportunity with an unheard of 8% cap rate in Brandywine Village!! This well maintained, detached, all brick 4-unit apartment building has solid tenants in place, and a new EPDM flat roof, with separate heat and electric for all units. The units were renovated 6 years ago and have been recently repainted and touched up in the interior and exterior of building. Don't miss out on this investment opportunity.
**Tenant Occupied** **Showings on Tuesdays & Fridays between 12-1pm only** *All prospective applicants are subject to vigorous screening process. Updated pro forma to be provided with proof of funds or commercial approval letter.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning R3
Rooms
Basement Full, Outside Entrance
Interior
Hot Water Electric
Heating Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 2602220225
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Dakota D Williams • Long & Foster Real Estate, Inc.
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