soldRealtyLens property overview
$220,000
$101/sqft605 Homestead Rd
Wilmington, DE, 19805
More in Wilmington, DE4bd
N/Aba
2,175sqft
Comps
Listing Notes
Multiple offers Highest and best are due 3/28 by 5:00pm . Rare opportunity to own a fully occupied 2-unit apartment building just outside the city limits. Both units are 2-bedroom 1 bath and are currently being rented at $1200 per unit. There is a common laundry room and garage in the walkout/drive out basement. New layer on roof just installed. Tenants pay all utilities. Owners' expenses: Taxes: $1450. Insurance $550. Trash $600. Owner will consider seller financing with 10 - 20% down. A fantastic opportunity to build on your portfolio and get instant cash flow. 9%+ Cap rate!
Listing activity
- Days on market
- 1,553 days
- Last price change
- No change recorded
- Property type
- multi family
Where it is
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