$132,500
$139,900
5.3%For more information regarding the value of a property, please contact us for a free consultation.
616 HOMESTEAD RD Wilmington, DE 19805
1,575 SqFt
Key Details
Sold Price $132,500
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,575 sqft
Price per Sqft $84
MLS Listing ID DENC2000444
Sold Date 08/11/21
Style Colonial
HOA Y/N N
Abv Grd Liv Area 1,575
Originating Board BRIGHT
Year Built 1965
Annual Tax Amount $1,403
Tax Year 2020
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 20.20 x 150.00
Property Description
Great opportunity for an investor or owner occupant to live in one unit and rent the other. Unit A has a 20 year Section 8 tenant paying $750 per month (section 8 pays approx. $440 per month). Unit B is paying $800 per month (1 year lease ends December 31st). Each unit offers 2 bedrooms and a full bath. Also, there are two storage units. Roof was resealed about 2 years ago. 2 water meters are present. Other notable items are a 1 car garage and the other garage converted to a shop. The property is being sold in as-is condition.
Location
State DE
County New Castle
Area Elsmere/Newport/Pike Creek (30903)
Zoning NC5
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 1.0
Water Access N
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Sewer Private Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 07-043.20-075
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Candice Santoro • Patterson Price Real Estate, LLC