Wilmington, DE 19805,528 N CLAYTON ST
See all 12 photos
Wilmington, DE 19805,528 N CLAYTON ST
Wilmington, DE 19805,528 N CLAYTON ST
Wilmington, DE 19805,528 N CLAYTON ST
Wilmington, DE 19805,528 N CLAYTON ST

$215,000

Est. payment /mo

$195,000

10.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

528 N CLAYTON ST Wilmington, DE 19805

1,307 Sqft Lot

SOLD DATE : 05/02/2022

Key Details

Sold Price $215,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision Wilm #23

MLS Listing ID DENC2019906

Sold Date 05/02/22

Style Unit/Flat

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $497

Tax Year 2021

Lot Size 1,307 Sqft

Acres 0.03

Lot Dimensions 20.00 x 75.00

Property Description

INVESTOR ALERT! This rare triplex in Wilmington, Delaware just hit the market. With a cap rate of 11%, this could be yours to start building your portfolio. Unit A is a one bedroom, one bathroom apartment that is vacant but could be rented for $795 per month. Unit B is a huge two bedroom, one bathroom apartment. The current tenants are paying $795 per month but the potential rent is easily $900. Unit C is a commercial space being used as a barber shop, and the monthly rent is $550. Both tenants would love to stay in the property. There is also a garage on the side of the property that is included in the sale, and could easily be rented for $100 per month. Owner pays water and sewer. Tenants are responsible for gas and electric. This property won't last long. **This property is zoned Residential, but requires a non-conforming variance for the commercial space which has been grandfathered in. The variance is in place and requires a renewal every two years.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-3

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Radiant

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Garage - Side Entry

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage Y

Building

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-027.30-107

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Heather Sinclair • Empower Real Estate, LLC
Bought with Erik Bashford • EXP Realty, LLC

Jan Crowley

License ID: 660313

+1(443) 538-4326

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.