Wilmington, DE 19801,706 N. WASHINGTON STREET
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Listed by Richard Oberly • Compass
$ 369,900
Est. payment | /mo

1,500 SqFt


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$ 369,900
Est. payment | /mo
Save

1,500 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $246

MLS Listing ID DENC2095352

Style Colonial

Abv Grd Liv Area 1,500

Year Built 1899

Annual Tax Amount $2,035

Tax Year 2022

Lot Size 1,306 Sqft

Acres 0.03

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Nice updated triplex close to business, nightlife and restaurants. Updated, fully leased 3 unit building. Two 2 bedroom units and one efficiency. Property in very good condition. Tenant pays all utilities including electric, heat and hot water. Owner pays sewer and water. Total gross cash flow is approximately $39,000 year. Estimated CAP rate is 10%. Very nice building and easy to rent, Would be a wonderful addition to any portfolio.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R5-B

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Inclusions 3 Refrigerators, 3 stoves, 3 microwave ovens

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 1500

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade

New Construction N

Schools

School District Christina

Others

Tax ID 26-035.10-374

Ownership Fee Simple

SqFt Source 1500

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Rakan Abuzahra

+1(302) 245-7668

rakan.a@firststatehometeam.com

1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States

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706 N. WASHINGTON STREET