$170,000
$180,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
724 N MADISON ST Wilmington, DE 19801
1,700 SqFt
Key Details
Sold Price $170,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $100
Subdivision Wilm #16
MLS Listing ID DENC2043554
Sold Date 06/29/23
Style Other
Abv Grd Liv Area 1,700
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,748
Tax Year 2022
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 16.50 x 54.00
Property Description
This a renovated three story investment property, previously used as housing for a non profit, it's a perfect addition to an investor's rental portfolio.
There are 8 rooms equating to 1700 sq ft, including 2 kitchens and 2 full bathrooms. Updated systems include gas boiler, two newer gas hot water heaters and newer panel boxes.
There are currently 2 Delmarva meters and 2 separate Delmarva accounts.
The first unit is situated on the ground floor and has a 1 bedroom, living room area, kitchen and bathroom, while the second unit comprises of the second and third floor area and has 3 bedrooms, living room area, kitchen and bathroom.
Seller does not warrant or guarantee usage or zoning, buyer is responsible for confirming zoning, building use and required City of Wilmington permits. Property to be sold in as-is condition. The City has already inspected and approved the property for rental.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-4
Rooms
Basement Interior Access
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Christina
Others
Tax ID 26-035.10-098
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Jeffrey Stape • Compass