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$402,500

413 N Washington St

6 Beds 6 Baths 2,400 Sq.Ft.

Description

Multi-family property with three large units located in the City of Wilmington right across the street from the Quaker Hill Meeting House in the Quaker Hill area. This historic well maintained property is in a great location with public street parking across the street and excellent curb appeal all around. These units are all approximately 1100-1200 sqft with separated central air/heat pump units, separate water heaters, and separate electric meters for each unit. Each unit is a similar layout to the third floor unit featured in the photos. The first floor and second floor units are currently occupied by tenants. The third floor unit is vacant and available for immediate rent or for an owner occupant to occupy and collect rent on the other two units. The third floor unit has been updated with new carpet, new LVP flooring, and fresh paint all in 2024. Other recent updates include a new roof in 2022, new full HVAC replacement in the third floor unit in 2021, and a new outdoor HVAC unit for the first floor unit. With market rent for each unit around $1350+ a month this property could bring in over $4,000 a month with all three units rented at current market rents. Schedule a showing today to see the possibilities this property has to offer for an owner occupant investor or an investor looking to add to their portfolio!

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Location

413 N Washington St, Wilmington, DE 19801

Status

Sold
Vincent Garman photo

Vincent Garman

Features & Amenities

Interior

Total Bedrooms 6
Total Bathrooms 6
Full Bathrooms 3
Half Bathrooms 3
Appliances Electric Water Heater

Exterior

Stories 3
Water Source Public
Parking On Street
Heat type Electric
Air Conditioning Central Air
Sewer Public Sewer

Area & Lot

Status Sold
LIVING SPACE 2,400 Sq.Ft.
LOT SIZE 1,742 Sq.Ft.
MLS® ID DENC2070954
Type Townhouse
Year Built 1920
Neighborhood Delaware County
Architecture Styles Colonial
MIDDLE SCHOOL BAYARD
School District CHRISTINA

Financial

SALES PRICE $402,500
REAL ESTATE TAXES $1,781/yr
Delaware County

Delaware County

39.9078° N, 75.3879° W

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