$197,000
$205,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
2705 W 4TH ST Wilmington, DE 19805
1,575 SqFt
Key Details
Sold Price $197,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,575 sqft
Price per Sqft $125
Subdivision None Available
MLS Listing ID DENC2052430
Sold Date 03/21/24
Style Unit/Flat
Abv Grd Liv Area 1,575
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $2,669
Tax Year 2021
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Welcome to this fantastic investment opportunity in the heart of the city of Wilmington! This two-unit property, fully rented at $950 per month per unit, presents an excellent turnkey investment or a smart choice for a homeowner seeking additional income. Conveniently situated near major highways, public transportation, parks, restaurants, and more. Embrace the urban lifestyle with easy access to all the city has to offer. Each unit comes equipped with separate utilities, providing convenience for both tenants and the landlord. Both units boast a well-designed layout featuring a living room, kitchen, two bedrooms, and a full bathroom. Perfect for tenants seeking comfort and space. Enjoy the added benefit of separate storage areas in the basement for each unit, providing ample space for belongings. The landlord covers water and sewer expenses along with the house meter, ensuring a hassle-free management experience. Live in one unit and rent out the second for added income. This dual-purpose property allows homeowners to enjoy the benefits of property ownership while leveraging rental income. Whether you're an investor looking for a property with a proven rental history or a homeowner seeking a dual-income opportunity, this property ticks all the boxes. Don't miss out on the chance to own a piece of Wilmington real estate in a prime location.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-4
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-019.30-081
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with David R Sordelet • Real Broker, LLC