600 W 5th St, Wilmington, DE 19801

$350,000
2,775
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$350,000
Days on Market
29
Status
ACTIVE
MLS#
DENC2106736
Living Area
2,775
Lot Size (Acres)
0.04
Style
Other
Year Built
1890
County
New Castle
School District
Christina

Property Description

Come see this great investment opportunity! The building features 3 units consisting of three 2-bedroom units and 1-bathroom units. Separate gas hot water and electric services for each unit. This property is within walking distance to Downtown Wilmington, the Business District, and the Wilmington Riverfront. This property offers a great investment opportunity or the chance to owner-occupy one unit while renting out the others. The building has Three two-bedroom 1 bath units at $1,200 each. $3,600 a month total plus the garage is rented at $150 a month which is approximately $45000/yr annual rental income. The City of Wilmington Business license is current for all the rental units. The landlord does have the security deposits in Escrow. All the utilities are separate systems. The house has a central sprinkler system, hard wired smoke and carbon dioxide detectors. Don’t miss out on this opportunity!

Additional Information

Area
Wilmington (30906)
Taxes
$2715
Interior Features
Sprinkler System
School District
Christina
High School
Christiana
Exterior Features
Sidewalks
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Roof
Flat
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Home Realty. Contact: 3022667544