$399,900
 $2,147 forsale estimated payment Sourced by Back At You

413 N Washington St , Wilmington, DE 19801

Wilmington, DE 19801

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Description

Multi-family property with three large units located in the City of Wilmington right across the street from the Quaker Hill Meeting House in the Quaker Hill area. This historic well maintained property is in a great location with public street parking across the street and excellent curb appeal all around. These units are all approximately 1100-1200 sqft with separated central air/heat pump units, separate water heaters, and separate electric meters for each unit. Each unit is a similar layout to the third floor unit featured in the photos. The first floor and second floor units are currently occupied by tenants. The third floor unit is vacant and available for immediate rent or for an owner occupant to occupy and collect rent on the other two units. The third floor unit has been updated with new carpet, new LVP flooring, and fresh paint all in 2024. Other recent updates include a new roof in 2022, new full HVAC replacement in the third floor unit in 2021, and a new outdoor HVAC unit for the first floor unit. With market rent for each unit around $1350+ a month this property could bring in over $4,000 a month with all three units rented at current market rents. Schedule a showing today to see the possibilities this property has to offer for an owner occupant investor or an investor looking to add to their portfolio!

Details

MlsDENC2070942
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusActive Under Contract
Year1920
Days On Site40
Listing Provided ByRE/MAX Point Realty | Jacob S Ryan

Features

Sq Feet2,400
BasementY
Units1
Zoning26R5-B
Acreage0.04

Market Activity 19801

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Learn More About This Property

StateDE
CountyNew Castle
CityWilmington
Zip Code19801
AreaWilmington
School DistrictChristina
Middle SchoolBayard
High School
Listing VS Median (in 19801)
Price:
$399,900
low | high
Med:
$174,950
100% of Average
SqFt:
2,400
low | high
Med:
1,100
100% of Average
$ / SqFt:
$167
low | high
Med:
$159
54.548864488849% of Average
On Site:
40
low | high
Med:
34.000000
100% of Average
Sourced by Back At You
Listing Updated: November 6, 2024 at 9:01:15 PM PST