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$145,000
$175,000
17.1%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 $145,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $82
Subdivision Wilm #23
MLS Listing ID DENC2047118
Sold Date 12/15/23
Style Colonial
Abv Grd Liv Area 1,750
Originating Board BRIGHT
Year Built 1880
Annual Tax Amount $878
Tax Year 2023
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 16X100
Property Description
Welcome to the Westside of the City of Wilmington! Convenient to public transportation, the local hot spots of Little Italy and Union St., as well as a hop skip and jump to Trolley Square and the Riverfront! Perched at the top of the hill sits this legal multi-family located on main arterial pathway leading down into the City. This 2 unit property is perfect for an investor after a cash generating property to add to an existing portfolio or to start one from scratch! Main floor unit offers 3 bedrooms and is rented for $875 a month. This unit was recently renovated and upgraded. Upstairs unit offers 2 bedrooms, a fresh bathroom rehab and is rented for $850 a month to a long term tenant of many, many years. All mechanicals are updated to include two electric hot water tanks, 2 boilers, separate electric panels, modern plumbing and a brand new flat roof. End of row, all brick building that has stood the test of time and will continue to for years to come. 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
Basement Full, Unfinished, Outside Entrance, Interior Access
Interior
Hot Water Electric
Heating Hot Water, Radiator
Cooling None
Flooring Vinyl
Fireplace N
Window Features Replacement,Vinyl Clad
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Porch Porch(es)
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Plaster Walls
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-027.30-057
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, Cash, Exchange, Private
Listing Terms Conventional, Cash, Exchange, Private
Financing Conventional,Cash,Exchange,Private
Special Listing Condition Standard
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Bought with Joseph P Hurley III • Pantano Real Estate Inc