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Key Details
Sold Price $280,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Cool Spring
MLS Listing ID 1003948599
Sold Date 03/29/17
Style Converted Dwelling
HOA Y/N N
Originating Board TREND
Year Built 1920
Annual Tax Amount $3,555
Tax Year 2015
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions 78 X 24
Property Description
Invester alert: Great opportunity to own a stable apartment build in Wilmington. This building is in very good condition. 4 of the 5 units have been remodeled in the last 3 years. This is a legal 5 unit building with a garage and storage area. Washer and dryer in storage for tenants. Add coin operated for additional income or charge extra in rent for use of Washer/Dryer. The exterior of building is mostly brick and concrete so maintenance is very easy. Each unit has there own utilities and tenants pay for the utilities for their unit. Public trash/ water & sewer by the city of Wilmington. Long tem tenants and building is close to I-95, cool Springs, Trolley square, Downtown Wilmington & Train Station. Building very well maintained. Proforma included online in diclosures section labled Rental Income. This property is in a City Historic District as well as a National Register of Historic Places District which opens door to tax credits for certified renovations. Property Is being sold as Is: No warranties expressed or Implied. Inspections are for informational purposes only.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Heating Gas, Hot Water
Cooling Central A/C
Flooring Wood, Fully Carpeted, Vinyl
Fireplace N
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Garage Spaces 1.0
Utilities Available Cable TV Available
Water Access N
Roof Type Pitched
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 2602740336
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Robert J Brescia • Patterson-Schwartz-Hockessin