708 N Van Buren Street
Wilmington, DE 19805
- – beds
- – baths
- 2,725 sqft
- 2,614 sqft lot
- $97 per sqft
- 1900 build
Are you looking for a turn-key investment property that produces an immediate return on investment? If so, come see this fully occupied brick duplex located in Cool Springs. Rarely available, this building features 2 large apartments with separate entrances. Unit 1 is a bi-level apartment with 2 bedrooms and 2 full bathrooms with direct inside access to the basement and exclusive access to the large backyard. Unit 2 is a modern bi-level apartment with 2 bedrooms and 1.5 bathrooms, an in-unit washer/dryer connection and a NEW deck off of the primary bedroom with an awesome view of downtown Wilmington. The roof was recently replaced (Jan. 2025) and all apartments feature central air conditioning. Each unit has its own HVAC system, hot water heater and is separately metered for electric services. The landlord pays for water/sewer, grounds/lawn care, property taxes and insurance. Please see income and expense sheet for additional information. Producing just under $3,000 a month, this is a solid investment property with good rental history. You don’t want to miss this one! Building is being sold in "as is" condition.
Last checked:
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Last updated Mar 11, 2025
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MLS# DENC2077158 —
The Building
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Year Built:1900
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Year Built Source:Assessor
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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:End of Row/Townhouse
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Historic:Yes
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Unfinished, Full
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2725
Interior
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Interior Features:Combination Dining/Living, Ceiling Fan(s), Bathroom - Stall Shower, Carpet, Entry Level Bedroom, Kitchen - Galley, Skylight(s)
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2725
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Living Area SqFt:2,725 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, Cash
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Possession:Immediate
Location
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Directions:From I-95 Northbound, take Maryland Avenue Exit. Stay Straight off of exit. Left on W. 4th Street. Right on N. Van Buren to 708.
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Cross Street:W. 8th Street
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Latitude:39.74742438
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Longitude:-75.56001318
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:0.06
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Lot Size Source:Assessor
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Lot Size Dimensions:17.30 x 145.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,614 Sqft
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Exclusions:Tenant's Personal Property
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Zoning:26R-3
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview: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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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 559-5402
- Office phone:
- (302) 477-3900
Taxes
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Tax ID Number:26-027.40-305
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Tax Year:2024
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Tax Lot:305
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Tax Annual Amount:$576
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Tax Assessed Value:$11,400
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Year Assessed:2024
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School Tax:303.0
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County Tax:29.00
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City/Town Tax:245.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Cooktop, Dishwasher, Dryer, Oven - Single, Range Hood, Refrigerator, Stove, Washer, Water Heater
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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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:On Street
Extra Units
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# of Units:2
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Units Furnished:None
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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 |
---|---|---|---|---|
3/9/25
Mar 9, 2025
|
Listed / Active | BRIGHT | $265,000 |