2705 W 4TH ST

Wilmington,DE 19805

$ 230000

$ 235000 2.1%

- Bed

- Bath

1575 SqFt


Key Details

Sold Price $230,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,575 sqft

Price per Sqft $146

Subdivision None Available

MLS Listing ID DENC2069564

Sold Date

Style Other

Abv Grd Liv Area 1,575

Originating Board BRIGHT

Year Built 1939

Annual Tax Amount $965

Tax Year 1998

Lot Size 3,159 Sqft

Acres 0.07

Property Description

Rare Investment Opportunity – Fully Rented Duplex for Sale

Don’t miss out on this rarely available duplex, an ideal addition to your investment portfolio. This turnkey property is fully rented and well-maintained by the current owners, offering immediate cash flow. The first-floor unit features a long-term tenant who is currently on a month-to-month lease, providing flexibility for new ownership. The second-floor unit, newly updated, has a tenant in place since May, ensuring steady income.

With a total yearly rental income of $24,600, this property presents a prime opportunity for both seasoned investors and those looking to enter the real estate market. Showings are by appointment only, so schedule your private tour today and secure this profitable investment.

Key Features:

Rarely available duplex in high-demand rental area
Fully rented with established tenants
$24,600 yearly rental income
Perfect for investors seeking passive income
Long-term potential with minimal upfront work
Invest in a reliable income property today!

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning RES

Rooms

Basement Full,Unfinished,Outside Entrance

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling None

Flooring Wood

Fireplace N

Heat Source Electric

Exterior

Water Access N

Roof Type Shingle

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26019.30081

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

Financing Conventional,Cash

Special Listing Condition Standard

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