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634 Homestead Road

WILMINGTON, DE 19805
  • $180,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: DENC2024760
UPDATED: 29 min ago
$180,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,575
    SQFT
  • $114
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

School District:

Description

Looking for a multi-family? Of course you are! Not much product available in this classification. Welcome to Alban Park! Located just on the outskirts of the City of Wilmington proper and nestled within close proximity to the Riverfront District of downtown. Homestead Rd. features an abundance of purposefully built multi-family buildings from a bygone era. Each building features two, 2 bedroom apartments with a common area basement space for storage as well as a two car garage and driveway out back. Each unit has separate electric, gas, and water so tenants pay everything. Walk in the split foyer hallway and go up to the first floor unit on your left. Great room entrance followed by open dining and kitchen space combination. Hallway leads to full bathroom and two sizable bedrooms with ample storage capacity on the rear of the unit. Upper floor unit is a mirror of this space. Currently, the main floor is occupied with long term tenant paying $850 on a month-to-month lease. Second floor unit is empty, features fresh cosmetics, so all you need to do is advertise and take applications. Expected rent could be in the $1,200 a month range. Excellent opportunity to purchase two for the price of one and get the cash flowing!

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-06-26T19:49:50.343.
www.coastline-realty.com/homes/129409244
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634 Homestead Road WILMINGTON, DE 19805

  • Price: $180,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 29 min ago
  • ID#: DENC2024760
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1,575
SQFT
$114
$/SQFT
1965
Built
Neighborhood:
Alban Park
County:
New Castle
Area:
Elsmere/Newport/Pike Creek (30903)
School District:
Red Clay Consolidated
Property Description
Looking for a multi-family? Of course you are! Not much product available in this classification. Welcome to Alban Park! Located just on the outskirts of the City of Wilmington proper and nestled within close proximity to the Riverfront District of downtown. Homestead Rd. features an abundance of purposefully built multi-family buildings from a bygone era. Each building features two, 2 bedroom apartments with a common area basement space for storage as well as a two car garage and driveway out back. Each unit has separate electric, gas, and water so tenants pay everything. Walk in the split foyer hallway and go up to the first floor unit on your left. Great room entrance followed by open dining and kitchen space combination. Hallway leads to full bathroom and two sizable bedrooms with ample storage capacity on the rear of the unit. Upper floor unit is a mirror of this space. Currently, the main floor is occupied with long term tenant paying $850 on a month-to-month lease. Second floor unit is empty, features fresh cosmetics, so all you need to do is advertise and take applications. Expected rent could be in the $1,200 a month range. Excellent opportunity to purchase two for the price of one and get the cash flowing!
Exterior Features

Architectural Style Colonial Construction Materials BrickVinyl Siding Garage YN No Other Structures Above GradeBelow Grade Parking Types Off StreetOn Street Pool No Pool Property Condition Good Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1575 Basement Garage AccessInterior AccessOutside Entrance Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Tenant Personal Property Fireplace YN No Fireplaces Total 0 Flooring Laminate PlankCarpet Heating Forced Air Heating YN Yes Inclusions As Shown Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 2 Units Furnished None Walls Ceilings Dry Wall

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel None Cross Street Bonwood Rd. Electric 150 Amps Existing Lease Type Month To Month Foundation Details Block Ground Rent Payment Frequency Annually Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Leased 1 Number Of Units Total 2 Number Of Units Vacant 1 Original MLSNumber 801614704926 Owner Pays InsuranceTaxes - Real Estate Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1398.00 Tax Assessment Amount 42400.00 Tax Lot 084 Transportation Bus Stop Less Than 1 MileCommuter Rail Station 1 To 5 MilesAirport Less Than 10 Miles Vacation Rental YN No Water Source Public Year Built Effective 2022 Zoning Nc5

Listing courtesy of Pantano Real Estate Inc.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-06-26T19:49:50.343.
 
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