Price
$ 59,900

1600 W 4TH ST, Wilmington, DE 19805  

1600 W 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.

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Listing Type
Single Family
Listing ID
1000322429
Lot Size
1,742.00 sqft
Listing Status
Active
Year Built
1880
County
New Castle
Subdivision
Wilm #23
Garage
1.0
County School District
RED CLAY CONSOLIDATED
Taxes
810.0
TaxYear
2016
Listing courtesy of Alliance Realty
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