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1600 4TH ST
WILMINGTON, DE 19805

$59,900 
  • -- Beds
  • -- Baths
  • 1,750 sqft
  • Residential Income | Row/Town/Clu
  • Active
1600 4TH ST, WILMINGTON - 29860155
1600 4TH ST, WILMINGTON - 29860156
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Property Description for 1600 4TH ST, WILMINGTON DE 19805

Legal multi-family located on main arterial pathway into the City of Wilmington. Convenient to public transportation and the local hot spots of Little Italy and Union St., this 2 unit property is perfect for the home owner seeking to subsidize their mortgage payment or for the investor after a cash generating property. Main floor unit offers 3 bedrooms and is rented for $775 a month. Upstairs unit offers 2 bedrooms and it has just been freshly cosmetically renovated and is rented for $775 a month. All mechanicals are brand new to include Hot Water Tanks, 2 brand new boilers, updated electric, plumbing and more. Oversized detached garage included and could be renovated for storage or for possible additional rental income as new owner desires. Take a look and run the numbers, this property offers excellent potential and would make a solid addition to the seasoned investors portfolio or be an excellent starter for the aspiring landlord.

  • Property Class: Multi-Family
  • Listing Status: Active
  • City: WILMINGTON
  • State: DE
  • Zip: 19805
  • Area: Wilmington
  • Class: Residential Income
  • Property Subtype: Row/Town/Clu
  • Approx Lot Size: 0.040
  • Baths (F/H): -- / --
  • Living Area (SqFt): 1,750 sqft
  • Lot Sq Ft Apx: 1742.00
  • Year Built: 1881
  • Listing#: 6903781
  • School District: Red Clay Consol
  • Tax Year: 2016
  • List Date: 12/21/2016
  • Last updated on: 9/22/2017

Property Features for 1600 4TH ST, WILMINGTON DE 19805

  • Basement Type: Full, Unfinished, Oe/Wkoutbsmt
  • Exterior: Brick
  • Property Age: 136
  • Garage Spaces: 1-Cargarage
  • Laundry Type: Common Laundry
  • Sewer Septic: Public Sewer
  • Cooling: None
  • Entrance: Foyer, Privateentr
  • Handicap: None
  • Hot Water: Electric
  • Water: Public
  • Design: Duplex
  • Exterior Features: Sidewalks, Streetlights
  • Heating: Gas, Hot Water, Radiator
  • Parking: Street

Additional Information for 1600 4TH ST, WILMINGTON DE 19805

  • School District: Red Clay Consol
  • Annual Gross Income: 24036.00
  • Annual Gross Expense: 3860.00
  • Annual Insurance Expense: 600.00
  • Annual Maint Expense: 1000.00
  • Basement: True
  • Block Or Square: 500
  • Building Floors: 2.00
  • Central Air: False
  • Exclusion Remarks: Personal Property
  • Improv Assessed Amt: $15,500
  • Inclusion Remarks: See Listing Agent
  • Lot Dimensions: 16X100
  • Lot Number: 057
  • New Construction: False
  • Ownership: Fee Simple
  • Total Assessment: 18200.00
  • Water Front: False
  • Beds Unit1: 2
  • Baths Full Unit1: 1
  • Room Unit1: 5
  • Unit1 Monthly Rent: 775.00
  • Beds Unit2: 2
  • Baths Full Unit2: 1
  • Room Unit2: 4
  • Unit2 Monthly Rent: 775.00
  • Total Taxes: $810
  • Listing Area: Wilmington
  • Subdivision: Wilm #23
  • Listing ID: 6903781
Courtesy of Alliance Realty
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Data relating to real estate for sale on this website appears in part through the TREND IDX program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which BHHS Fox & Roach participates, and is provided by TREND through a licensing agreement. Real estate listings held by brokerage firms other than BHHS Fox & Roach are marked with the IDX/IDX PLUS icon & detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers & may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. © 2016 TREND, all rights reserved. Information deemed reliable, but not guaranteed.