Wilmington, DE 19802,2502 BAYNARD BLVD
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Wilmington, DE 19802,2502 BAYNARD BLVD
Wilmington, DE 19802,2502 BAYNARD BLVD
Wilmington, DE 19802,2502 BAYNARD BLVD
Wilmington, DE 19802,2502 BAYNARD BLVD

$220,000

Est. payment /mo

$239,900

8.3%
Est.Price: ?

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2502 BAYNARD BLVD Wilmington, DE 19802

3 Beds

3 Baths

1,925 SqFt

SOLD DATE : 03/02/2022

Key Details

Sold Price $220,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,925 sqft

Price per Sqft $114

Subdivision Concord Heights

MLS Listing ID DENC2004538

Style Traditional

Bedrooms 3

Full Baths 3

Year Built 1928

Annual Tax Amount $2,749

Tax Year 2021

Lot Size 2,614 Sqft

Property Description

Property being sold as a Short Sale. Third Party processor required (see attached disclosures) All offers and real estate agent commissions are subject to 3rd party mortgage company approval and subject to the seller (s) acceptance of those approval terms.INVESTOR ALERT !!! Come see this wonderful opportunity to get started in investment properties or to add to your portfolio. This 3 level house in popular Baynard Blvd location. Close to everything. This multi-unit building is in the tip of the historic district and has a lot of old world charm. All floors, H/W flooring, custom trim and wood casing rarely seen in today's building environment. Main level fireplace is a plus. Main level has access to basement for storage Access to 2nd floor and 3rd floors separate entrance. Separate meters. Off Street parking is available for tenants. This a great multi-unit building in a great location. Seller wishes to sell property as is condition.
No Central Air Conditioning
All Water Heaters Need to be replaced
Plaster work/repair where toilet above leaked and several
other areas need patching
Will need to do your own due diligence and inspections
LIVE IN ONE APARTMENT, LET THE OTHER 2 PAY YOUR MORTGAGE. Wowbuy this home and it will pay for itself.
The income you make in the future will count towards your qualifying income!!! Located in a highly residential area, this building with some hard work and cash can perform as a rental tri-plex. The main floor entry can be used as your own home, or
rent all three units. It could also be used for home plus office, or renovate into a huge one story home. The options are countless.
Each apartment could rent for $1,000+ P/M. Each apartment could enjoy its own dedicated heating, central cooling and hot water systems so the tenants pay all of the utilities (except sewer and water) Building in need of renovation.
Located in a highly owner-occupied residential neighborhood within great access to public transportation, downtown business center, Riverfront attractions and amenities, Interstate Highway 95 and 4 miles to St. Elizabeth's school and park. Trash collection is included in municipal taxes.
This is a rarely available, multi family property in need of renovation. Showings are limited to two open houses.watch for scheduling. First will be for investors only, second will be for all interested buyers. First week in September. Property is coming soon no visitation at present time.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-2A

Rooms

Other Rooms Kitchen

Interior

Hot Water Multi-tank

Heating Steam

Cooling None

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Wood

Equipment Dryer, Oven - Single, Refrigerator, Washer

Laundry Basement

Exterior

Exterior Feature Porch(es), Wrap Around

Parking Features Additional Storage Area

Garage Spaces 3.0

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access N

Roof Type Asbestos Shingle

Building

Lot Description Level

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Plaster Walls

New Construction N

Schools

Elementary Schools Warner

Middle Schools Skyline

High Schools John Dickinson

School District Red Clay Consolidated

Others

Acceptable Financing Cash, Conventional, FHA 203(b)

Listing Terms Cash, Conventional, FHA 203(b)

Special Listing Condition Short Sale

Pets Allowed Cats OK, Dogs OK

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Bright MLS (BMLS)
Listed by Sharon E Lambert • Weichert Realtors-Limestone
Bought with Sharon E Lambert • Weichert Realtors-Limestone

Jason Gareau

Broker

+1(609) 929-4486

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