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1600 W 4TH Street

WILMINGTON, DE 19805
  • $145,000
  • STATUS: Closed
  • ON SITE: 343 Days
  • ID#: DENC2047118
Sold - 12/15/2023
$145,000
SOLD - 12/15/2023
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,750
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1880
County:

School Ratings & Info

School District:

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!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Long and Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-24T08:07:41.6.
www.easternshorehomesolutions.com/homes/142443057
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1600 W 4TH Street WILMINGTON, DE 19805

  • Price: $175,000
  • Status: Closed
  • On Site: 343 Days
  • Updated: 158 min ago
  • ID#: DENC2047118
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1,750
SQFT
$0
$/SQFT
1880
Built
Neighborhood:
Wilm #23
County:
New Castle
Area:
Wilmington (30906)
School District:
Red Clay Consolidated
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!
Exterior Features

Architectural Style Colonial Construction Materials Brick Exterior Features SidewalksStreet LightsExterior Lighting Garage YN No Parking Types On Street Patio And Porch Features Porch(es) Pool No Pool Property Condition Good Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1750 Basement FullUnfinishedOutside EntranceInterior Access Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Tenants Personal Property Fireplace YN No Flooring Vinyl Heating Hot WaterRadiator Heating YN Yes Inclusions As Shown Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 1 Walls Ceilings Dry WallPlaster Walls

Property Features

Acceptable Financing ConventionalCashExchangePrivate Accessibility Features None Assessment Year 2021 Buyer Financing Cash Central Air YN No Close Sale Terms Standard Sale Cooling Fuel None Cross Street N. CLAYTON ST. Electric 100 Amp ServiceCircuit Breakers Existing Lease Type Month to MonthYearly Foundation Details Stone Heating Fuel Natural Gas Historic YN No Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Operating Expense Includes Insurance Original MLSNumber 802520974090 Owner Pays InsuranceSewerWater Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 878.46 Tax Assessment Amount 18200.00 Tax Lot 057 Transportation Airport less than 10 milesBus Stop less than 1 mileCommuter Rail Station 1 to 5 miles Vacation Rental YN No Water Source Public Window Features ReplacementVinyl Clad Year Built Effective 2022 Zoning 26R-3

Listing courtesy of Pantano Real Estate Inc: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Long and Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-24T08:07:41.6.
 
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