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Delaware 19802 WILMINGTON 26TH 410 W 26TH ST

410 W 26TH ST
WILMINGTON, DE 19802

$120,000 
  • -- Beds
  • -- Baths
  • 1,300 sqft
  • Residential Income | SingleBldg
  • Active
410 W 26TH ST, WILMINGTON - 32477912
410 W 26TH ST, WILMINGTON - 32477913
410 W 26TH ST, WILMINGTON - 32477914
410 W 26TH ST, WILMINGTON - 32477915
410 W 26TH ST, WILMINGTON - 32477916
410 W 26TH ST, WILMINGTON - 32477917

Property Description for 410 W 26TH ST, WILMINGTON DE 19802

INVESTOR ALERT! DOUBLE DIGIT CAP RATE! Great opportunity to acquire this rental duplex at an attractive present double-digit cap rate of approx. 11+%. Separate two-car brick construction garage at rear is under renovation and will generate additional income for an even higher cap rate for the savvy buyer of this property. Garage rentals are in demand in the area. Separate gas heaters and gas hot water heaters for each tenant. There are three electrical panels, however, the house one is not in use. Tenants pay all utilities except sewer and water which currently run approximately $130 per quarter. Washer and dryer in basement. Upper apartment has a rear balcony and a nice size kitchen. Main floor tenants have been in place for about four years; now on a month to month lease. Building not section 8 approved. Updated electric. Rolled rubber roof re-done in 2011. Current rent in lower unit has potential for increase; rent kept lower due to long-term renters.

  • Property Class: Multi-Family
  • Listing Status: Active
  • City: WILMINGTON
  • State: DE
  • Zip: 19802
  • Area: Wilmington
  • Class: Residential Income
  • Property Subtype: SingleBldg
  • Approx Lot Size: 0.040
  • Baths (F/H): -- / --
  • Living Area (SqFt): 1,300 sqft
  • Lot Sq Ft Apx: 1742.00
  • Year Built: 1920
  • Listing#: 6950393
  • School District: Red Clay Consol
  • Tax Year: 2016
  • List Date: 3/24/2017
  • Last updated on: 8/18/2017

Property Features for 410 W 26TH ST, WILMINGTON DE 19802

  • Basement Type: Full, Unfinished
  • Exterior: Brick
  • Property Age: 97
  • Garage Spaces: 2-Cargarage
  • Laundry Type: Yeslaundry
  • Sewer Septic: Public Sewer
  • Cooling: Wall Unit
  • Handicap: None
  • Hot Water: Natural Gas
  • Water: Public
  • Design: Duplex
  • Exterior Features: Sidewalks
  • Heating: Gas, Hot Water, Radiator
  • Parking: 2-Carparking, Permit Required

Additional Information for 410 W 26TH ST, WILMINGTON DE 19802

  • School District: Red Clay Consol
  • Annual Gross Income: 16200.00
  • Annual Gross Expense: 2300.00
  • Annual Insurance Expense: 600.00
  • Basement: True
  • Block Or Square: 1625
  • Building Floors: 2.00
  • Central Air: False
  • Improv Assessed Amt: $22,200
  • Lot Dimensions: 20X81
  • Lot Number: 341
  • New Construction: False
  • Ownership: Fee Simple
  • Total Assessment: 26500.00
  • Water Front: False
  • Beds Unit1: 1
  • Baths Full Unit1: 1
  • Unit1 Lease End: M2M
  • Unit1 Monthly Rent: 675.00
  • Beds Unit2: 1
  • Baths Full Unit2: 1
  • Unit2 Lease End: 6/2018
  • Unit2 Monthly Rent: 650.00
  • Total Taxes: $1,180
  • Listing Area: Wilmington
  • Subdivision: Wilm #04
  • Listing ID: 6950393
Courtesy of PRS Real Estate Group
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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.