Price Reduction
Address
1201 Wilmington Road New Castle, DE
Price
$ 440,000
Property Attributes
- MLS#DENC520500
- TypeMulti-Family
- CountyNEW CASTLE
- CityNew Castle
- AreaNew Castle-Red Lion-Del.City
- NeighborhoodBALDTON
- Zip19720
- StyleCape Cod,Carriage House,Converted Dwelling,Craftsm
- Year Built1933
- Taxes2370
- Price$ 440,000
- Bedrooms7
- Full Bathrooms0
- Half Bathrooms0
- Lot Size10,454 SqFt
Listing Provided Courtesy Of:
Alliance Realty
Data Source:
Bright MLS
Property Description
Attention aspiring or experienced landlords! Excellent opportunity to create a portfolio and have this be the cornerstone of it, or add to an existing one. Single tax parcel, two separate structures, four units total. Main building is an all brick cape surrounded by a stone wall, set back and elevated high above Wilmington Road. Main building consists of two units; one three bedroom on the lower level, one two bedroom on the upper level and is accessed via separate exterior entrances. Basement is accessed through exterior entrance as well. Front porch for the warmer months approaching (Can't Wait...), grassy knoll area between the structures, and plenty of parking on Brylgon Ave. for all tenants and guests alike. Second structure fronting on side street has two units, one bedroom each and are accessed separately through exterior entrances. Utilities are housed on the rear of the property and accessed via outside entrance. This building also has a one car attached garage that is perfect for storage, could be rented, or combined with main floor unit to create a second bedroom and increase monthly rent. All systems separate except water. So tenants pay electric, gas, heat, ECT. Fully occupied and performing, this property creates an exceptional opportunity to take advantage of todays ultra low interest rate and friendly lending environment to put your money to work via something other than Reddit forums and create wealth the old fashioned way!
| Price History | |
|---|---|
| 2/5/2021 | Listed $450,000 |
| 4/7/2021 | 3% - $440,000 |
General Features
| Acceptable Financing | Cash, Conventional, Exchange, Private |
|---|---|
| Accessibility | None |
| Architectural Style | Cape Cod, Carriage House, Converted Dwelling, Craftsman |
| Construction Materials | Brick |
| Cool Fuel | Electric |
| Cooling | Central A/C |
| County | NEW CASTLE |
| Days on Market | 64 |
| Exclusions | Tenant Personal Property |
| Exterior Features | Exterior Lighting, Sidewalks, Street Lights |
| Flooring | Carpet, Hardwood, Laminated, Vinyl |
| Garage Spaces | 1.00 |
| Garage Y/N | Yes |
| Heating | Forced Air, Hot Water |
| High School District | COLONIAL |
| Historic Y/N | No |
| Legal Subdivision | BALDTON |
| MLS Area | New Castle/Red Lion/Del.City (30904) |
| New Construction | No |
| One Bedroom Units Count | 2 |
| Other Structures | Above Grade, Below Grade |
| Other Units | Unit 1, Unit 2, Unit 4, Unit 3 |
| Ownership | Fee Simple |
| Possession | Immediate |
| Price Per Sq Ft | 183.33 |
| Property SubType | Quadruplex |
| Property Type | Multi-Family |
| PropertyCondition | Average |
| Real Estate Owned Y/N | No |
| Rent Control Y/N | No |
| Roof | Shingle, Pitched |
| Sewer | Public Sewer |
| Structure Type | Detached |
| Subdivision Name | BALDTON |
| Tax Annual Amount | 2370.0 |
| Tax Lot | 035 |
| Tax Year | 2020 |
| Total Units | 4 |
| Trash Expense | 0.00 |
| Two Bedroom | 1 |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Zoning | 21R-1 |
Interior Features
| Basement | Unfinished, Walkout Level, Full |
|---|---|
| Basement Y/N | Yes |
| Central Air Y/N | Yes |
| Fireplace Y/N | Yes |
| Furnished Units | None |
| Heating Fuel | Natural Gas |
| Heating Y/N | Yes |
| Hot Water | Electric, Natural Gas |
| Living Area | 2400 |
| Three Bedroom Units Count | 1 |
| Total Fireplaces | 1 |
Exterior Features
| # Of Detached Garage Spaces | 1 |
|---|---|
| Foundation Details | Slab, Stone |
| Garage Features | Garage - Side Entry, Garage - Front Entry |
| Inclusions | See Listing Agent |
| Lot Dimensions | 68.30 x 185.80 |
| Lot Size Acres | 0.24 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 10454.00 |
| Navigable Water Y/N | No |
| Pool Y/N | No Pool |
| Spa | No |
| Total Parking Spaces | 2 |
| Type of Parking | Driveway, Detached Garage, On Street |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 19720
Price
Taxes
Visits
Year Built
Walkscore
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