$175,000
$199,900
12.5%For more information regarding the value of a property, please contact us for a free consultation.
624 HOMESTEAD RD Wilmington, DE 19805
1,575 SqFt
Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,575 sqft
Price per Sqft $111
Subdivision Alban Park
MLS Listing ID DENC2024126
Sold Date 07/27/22
Style Reverse
Abv Grd Liv Area 1,575
Originating Board BRIGHT
Year Built 1965
Annual Tax Amount $1,398
Tax Year 2021
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 20.20 x 150.00
Property Description
Awesome opportunity to own a fully occupied 2-unit apartment building just outside the city limits. Both units are 2-bedroom 1 bath and are currently rented for annual gross income of $21,300.00 with room to increase 30%. There is a common laundry room and 2 car garage in the walkout/drive out basement. Updated gas heaters and appliances in each unit. Tenants pay all utilities and lanlord pays water in unit 2 only.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning NC5
Interior
Interior Features Carpet, Ceiling Fan(s), Family Room Off Kitchen, Kitchen - Eat-In
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Garage Garage - Rear Entry, Basement Garage
Garage Spaces 2.0
Water Access N
Accessibility None
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Reverse
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 07-043.20-079
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Eric Brinker • Coldwell Banker Realty