$180,000
$180,000
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513 HOMESTEAD RD Wilmington, DE 19805
1,575 SqFt
Key Details
Sold Price $180,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,575 sqft
Price per Sqft $114
Subdivision Alban Park
MLS Listing ID DENC2022922
Sold Date 08/09/22
Style Colonial,Split Foyer
Abv Grd Liv Area 1,575
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $1,359
Tax Year 2021
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 20.20 x 150.00
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 $800 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!
Location
State DE
County New Castle
Area Elsmere/Newport/Pike Creek (30903)
Zoning NC5
Rooms
Basement Front Entrance, Garage Access, Interior Access, Outside Entrance, Walkout Level, Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Flooring Carpet, Luxury Vinyl Plank, Vinyl
Equipment Refrigerator, Stove, Water Heater
Fireplace N
Window Features Replacement
Appliance Refrigerator, Stove, Water Heater
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type Off Street, On Street
Total Parking Spaces 2
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial, Split Foyer
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 07-043.20-139
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Exchange, Private
Listing Terms Cash, Conventional, Exchange, Private
Financing Cash,Conventional,Exchange,Private
Special Listing Condition Standard
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Bought with Manthan Shah • Century 21 Gold Key Realty
