Wilmington, DE 19801
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Wilmington, DE 19801
$279,9008 Units
0.090000 Acres
Property Details
Rare opportunity to own a positive-cashflow generator with tremendous upside potential in this stand-alone 3-story building with eight 1-bedroom apartments. Each unit has its own electric and/or gas meters. About 50,000 rental income per year. Apts.#1, currently the only vacant unit, can be shown anytime. After seeing Unit #1 and assuming that the rest are comparable, a buyer with further interest can request for more showings/inspection and operating data.
- Property Type Multi-Family
- Building Floors 3.00
- Design AptBldg
- Entrance Foyer
- Floor Fully Carpeted
- Land Square Feet 3920
- Total Units 8
- Unit 1 Lease End BEING RENTED
- Unit 2 Lease End 11/30/13
- Unit 3 Lease End 01/31/13
- Unit 4 Lease End 01/31/13
- Unit 5 Lease End 12/31/13
- Unit 6 Lease End 12/31/13
- Unit 7 Lease End 01/31/13
- Unit 8 Lease End 02/28/13
- Property Age 99
- County NEW CASTLE
- Subdivision WILM #21
Community & Schools
- School District Christina
Interior Features
- Basement Y
- Basement Type Full,Unfinished
- Baths Full Unit 1 1
- Beds Unit 1 1
- Room Count Unit 1 3
- Baths Full Unit 2 1
- Beds Unit 2 1
- Room Count Unit 2 3
- Baths Full Unit 3 1
- Beds Unit 3 1
- Room Count Unit 3 3
- Beds Unit 4 1
- Baths Full Unit 4 1
- Room Count Unit 4 3
- Baths Full Unit 5 1
- Beds Unit 5 1
- Room Count Unit 5 3
- Baths Full Unit 6 1
- Beds Unit 6 1
- Room Count Unit 6 3
- Baths Full Unit 7 1
- Beds Unit 7 1
- Room Count Unit7 3
- Baths Full Unit8 1
- Beds Unit 8 1
- Room Count Unit 8 3
Exterior Features
- Water Front N
- Exterior Brick
- Exterior Features Sidewalks,StreetLights
- Roof FlatRoof,ShingleRoof
- Has Garage Flag N
- Garage Spaces NoGarage
- Parking Street
Appliances & Utilites
- Central Air N
Financial Details
- Unit 1 Monthly Rent 550.00
- Unit 2 Monthly Rent 550.00
- Unit 3 Monthly Rent 575.00
- Unit 4 Monthly Rent 550.00
- Unit 5 Monthly Rent 550.00
- Unit 6 Monthly Rent 550.00
- Unit 7 Monthly Rent 550.00
- Unit 8 Monthly Rent 550.00
- Annual Insurance Expense 3500.00
- Annual Maintanance Expense 2400.00
- Annual Other Expense 1000.00
- Annual Water Sewer Expense 3000.00
- Tax Year 2009
- Total Assessment 33800.00
- Total Taxes 1100.00
Miscellaneous Details
- New Construction N
- Storage Basement
- Type SingleBldg
Map & Directions
From Washington Street, R 5th Street.
Map for Wilmington, DE 1980139.743284-75.555474
Map locations are not exact and are meant to be an estimated reference only.
In addition to this Multi-Family real estate property, we have hundreds of addtional Wilmington real estate listings and homes for sale and New Castle County real estate listings and homes for sale.
