$245,000
$259,900
5.7%For more information regarding the value of a property, please contact us for a free consultation.
1,600 SqFt
SOLD DATE : 11/08/2024
Key Details
Sold Price $245,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $153
MLS Listing ID DENC2068554
Sold Date 11/08/24
Style Traditional
Abv Grd Liv Area 1,600
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $1,181
Tax Year 2022
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 29.30 x 100.40
Property Description
Great End Unit Duplex in Elsmere. Move-in Ready 1st floor unit is 2 Bedrooms 1 Bath and recently renovated with Updated Kitchen, Brand new Bath, and new vinyl Flooring. Plus full basement with possible playroom, along with separate Laundry area and Bilco door egress. 2nd Floor is Occupied with long-term Tenant paying $1120 per month plus utilities. Live in one and rent the other! Renovated unit should rent for about $1400.
Excellent "Cap Rate" potential for +/- 10%.
Don't miss this Excellent Investment Opportunity in Today's Market!!
Location
State DE
County New Castle
Area Elsmere/Newport/Pike Creek (30903)
Zoning 19RGA
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 19-002.00-221
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Kavon Bailey • EXP Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "