Wilmington, DE 19805,1500 W 4TH ST

$180,000

$199,000

9.5%
Est.Price: ?

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Est. payment /mo

1,742 Sqft Lot


SOLD DATE : 11/30/2016

Key Details

Sold Price $180,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Wilm #23

MLS Listing ID 1003955061

Sold Date 11/30/16

HOA Y/N N

Originating Board TREND

Year Built 1901

Annual Tax Amount $420

Tax Year 2015

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 20X96

Property Description

Excellent Investment opportunity on 4th st area. A three-story commercial property for sale, located at 4th and N.Rodeny St., This is a great opportunity for rental income property. Zoned Commercial and separate utilities meter and storage,There is currently laundry mat business for 25 years, on the first floor, there are three unite apartments on second and third floor. Each apartment has two bedrooms, one full bathrooms, a kitchen and a living room... All units are currently tenant occupied. Positive cash flow 2,500 monthly rental income. If buyers want to open different kind of business instead of laundry mat, it is possible to terminate the current lease. SERIOUS INVESTORS ONLY!!! RUN YOUR NUMBERS,MAKE AN OFFER.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26C-1

Rooms

Other Rooms Primary Bedroom

Interior

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-027.30-207

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Jonathan J Park • Long & Foster Real Estate, Inc.
Bought with Paul M Pantano • Pantano Real Estate Inc
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