Wilmington, DE 19802,103 W 40TH ST
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Wilmington, DE 19802,103 W 40TH ST
Wilmington, DE 19802,103 W 40TH ST
Wilmington, DE 19802,103 W 40TH ST
Wilmington, DE 19802,103 W 40TH ST

$290,000

Est. payment /mo

$270,000

7.4%
Est.Price: ?

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103 W 40TH ST Wilmington, DE 19802

2,125 SqFt

SOLD DATE : 09/30/2022

Key Details

Sold Price $290,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,125 sqft

Price per Sqft $136

Subdivision Wilm #02

MLS Listing ID DENC2029860

Sold Date 09/30/22

Style Colonial

Abv Grd Liv Area 2,125

Originating Board BRIGHT

Year Built 1952

Annual Tax Amount $2,685

Tax Year 2022

Lot Size 3,485 Sqft

Acres 0.08

Lot Dimensions 32.50 x 105.00

Property Description

OPPORTUNITY IS KNOCKING on this turnkey, well performing, well designed, "purpose built" rental duplex. Located at the very Northern edge of the city, this solid construction brick building and its apartments are in good, clean condition and easy to maintain and rent. Each apartment has its own: Two well sized bedrooms, separate basement, two separate entrances (front door and back stairs) per unit, nice hardwood floors, updated kitchen, spacious living room, dining room, individual laundry room, clothes washer and dryer, rear driveway access and separate rear-loaded garage (with interior access to the lower apartment) for extra income. All appliances are in good condition. New boiler installed for upstairs apartment (around 2016). Both boilers converted to gas fueled (around 2016). New central A/C in each unit (installed around 2016). Roof was inspected and seal coated in 2018. Landlord pays only cold water and sewer. All other utilities are paid by tenants - separately metered and utility providers bill tenants directly for more consistent ROI to the landlord.
Municipal trash collection included in city property taxes. The Lower unit is presently kept vacant on purpose in case buyer wants to occupy one unit. Upper tenant is not renting a garage / storage area so that space is potential for additional income or storage for landlord.

THIS ONE WON'T LAST! Opportunity favors the prepared. Buyers must be pre-approved for financing before showing. Property qualifies for FHA, VA and conventional financing if buyer would like to occupy one unit as their residence.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-2

Rooms

Basement Full

Interior

Interior Features Additional Stairway, Tub Shower, Wood Floors

Hot Water Electric

Heating Radiator, Hot Water

Cooling Central A/C

Flooring Hardwood

Equipment Dishwasher, Dryer, Refrigerator, Stove, Washer

Fireplace N

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Heat Source Natural Gas

Exterior

Parking Features Basement Garage, Garage - Rear Entry, Garage Door Opener, Inside Access

Garage Spaces 4.0

Water Access N

Accessibility None

Attached Garage 2

Total Parking Spaces 4

Garage Y

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Structure Type Brick

New Construction N

Schools

School District Brandywine

Others

Tax ID 26-016.20-100

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, FHA, VA, Cash, Exchange

Listing Terms Conventional, FHA, VA, Cash, Exchange

Financing Conventional,FHA,VA,Cash,Exchange

Special Listing Condition Standard

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The Black Oak Home Group Of EXP Realty

The Black Oak Home Group Of EXP Realty

+1(443) 939-9266

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Bright MLS (BMLS)
Listed by Yasmin Bowman • Tesla Realty Group, LLC
Bought with Patti S Carlson • Patterson-Schwartz-Hockessin

The Black Oak Home Group Of EXP Realty

Broker Associate | License ID: 674000

+1(443) 939-9266

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