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2705 W 4TH ST Wilmington, DE 19805
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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 12/04/24
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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Bought with Jackie M Ogden • Long & Foster Real Estate, Inc.