Wilmington, DE 19802,201 W 25TH ST

$155,000

Est. payment /mo

$169,900

8.8%
Est.Price: ?

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201 W 25TH ST Wilmington, DE 19802

1,150 SqFt

SOLD DATE : 03/15/2016

Key Details

Sold Price $155,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,150 sqft

Price per Sqft $134

Subdivision None Available

MLS Listing ID 1003043272

Style Other

Year Built 1918

Annual Tax Amount $1,000

Tax Year 2015

Lot Size 871 Sqft

Property Description

Investor Alert! Renovated 4 unit apartment building. Tenants pay electric & heat. Owner only pays water/sewer, taxes & insurance. All units recenently updated. Take advantage of low interest rates. Smart investors are buying now. Payments could be under $1000/mo. The monthly numbers are: $2525 (rent income) - $169 (taxes) - $154 (water/sewer) - $75 (insurance) - $1,000 (mortgage payment) = CASH FLOW! Two tax parcels sold together (Parcel 2602210265 201 W 25th St & Parcel 2602210264 203 W 25th St).Motivated Seller! Bring Offers!

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-3

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Electric

Heating Electric

Cooling None

Laundry None

Exterior

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Red Clay Consolidated

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Bright MLS (BMLS)
Listed by Jeff P Derp • Long & Foster Real Estate, Inc.
Bought with Robert Lilley • RE/MAX 1st Choice - Middletown

Jason Gareau

Broker

+1(609) 929-4486

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