Wilmington, DE 19805,2705 W 4TH ST
Wilmington, DE 19805,2705 W 4TH ST
Wilmington, DE 19805,2705 W 4TH ST
$197,000
Est. payment /mo
$205,000
3.9%
Est.Price: ?

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1,575 SqFt
SOLD DATE : 03/21/2024

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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Bright MLS (BMLS)
Listed by Christopher Nolte • Coldwell Banker Realty
Bought with David R Sordelet • Real Broker, LLC

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Irma Rodriguez

+1(302) 357-1823

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