2705 W 4th Street
Wilmington, DE 19805
- – beds
- – baths
- 1,575 sqft
- 3,159 sqft lot
- $146 per sqft
- 1939 build
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Rare Investment Opportunity – Fully Rented Duplex for Sale Don’t miss out on this rarely available duplex, an ideal addition to your investment portfolio. This turnkey property is fully rented and well-maintained by the current owners, offering immediate cash flow. The first-floor unit features a long-term tenant who is currently on a month-to-month lease, providing flexibility for new ownership. The second-floor unit, newly updated, has a tenant in place since May, ensuring steady income. With a total yearly rental income of $24,600, this property presents a prime opportunity for both seasoned investors and those looking to enter the real estate market. Showings are by appointment only, so schedule your private tour today and secure this profitable investment. Key Features: Rarely available duplex in high-demand rental area Fully rented with established tenants $24,600 yearly rental income Perfect for investors seeking passive income Long-term potential with minimal upfront work Invest in a reliable income property today!
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Last updated Dec 12, 2024
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MLS# DENC2069564 —
The Building
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Year Built:1939
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Year Built Source:Estimated
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Roof:Shingle
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New Construction:No
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Construction Materials:Brick
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Building Units Total:2
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Structure Type:Interior Row/Townhouse
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Brick/Mortar
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Basement:Yes
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Basement Type:Full, Unfinished, Outside Entrance
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Total SqFt Source:Estimated
Interior
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Flooring Type:Wood
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:1575
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Living Area SqFt:1,575 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, Cash
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Buyer Financing:Conventional
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Possession:Immediate
Location
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Directions:follow gps
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Cross Street:GREENHILL
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Latitude:39.75265000
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Longitude:-75.58051000
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.07
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Lot Size Source:Estimated
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Lot SqFt:3,159 Sqft
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Exclusions:Tenants Personal Property
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Zoning:RES
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In City Limits:Yes
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Other Structures:Above Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 613-4228
- Office phone:
- (302) 566-7215
Taxes
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Tax ID Number:26019.30081
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Tax Year:1998
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Tax Annual Amount:$965
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City/Town Tax:877.73
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:Circuit Breakers
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:Red Clay Consolidated
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Exterior Features:Sidewalks
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Pool:No Pool
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Municipal Trash:Yes
Parking
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Garage:No
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Type of Parking:Parking Lot
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Parking Features:Private
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/4/24
Dec 4, 2024
|
Sold | BRIGHT | $230,000 | -2.1% |
|
10/18/24
Oct 18, 2024
|
Pending | BRIGHT | $235,000 | |
|
10/11/24
Oct 11, 2024
|
Listed / Active | BRIGHT | $235,000 | 19.3% |
