$55,000
$59,900
8.2%For more information regarding the value of a property, please contact us for a free consultation.
1600 W 4TH ST Wilmington, DE 19805
1,750 SqFt
Key Details
Sold Price $55,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $31
Subdivision Wilm #23
MLS Listing ID 1000322429
Sold Date 12/18/17
Style Other
HOA Y/N N
Abv Grd Liv Area 1,750
Originating Board TREND
Year Built 1880
Annual Tax Amount $810
Tax Year 2016
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 16X100
Property Description
Legal multi-family located on main arterial pathway into the City of Wilmington. Convenient to public transportation and the local hot spots of Little Italy and Union St., this 2 unit property is perfect for the home owner seeking to subsidize their mortgage payment or for the investor after a cash generating property. Main floor unit offers 3 bedrooms and is rented for $775 a month. Upstairs unit offers 2 bedrooms and it has just been freshly cosmetically renovated and is rented for $775 a month. All mechanicals are brand new to include Hot Water Tanks, 2 brand new boilers, updated electric, plumbing and more. Oversized detached garage included and could be renovated for storage or for possible additional rental income as new owner desires. Take a look and run the numbers, this property offers excellent potential and would make a solid addition to the seasoned investors portfolio or be an excellent starter for the aspiring landlord.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished, Outside Entrance
Interior
Hot Water Electric
Heating Hot Water, Radiator
Cooling None
Flooring Vinyl
Fireplace N
Window Features Replacement
Heat Source Natural Gas
Laundry Common
Exterior
Garage Spaces 1.0
Water Access N
Roof Type Flat
Accessibility None
Total Parking Spaces 1
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-027.30-057
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Renee Spruiel • RE/MAX Associates-Wilmington
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