$900,000
$995,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
1203 GILPIN AVE Wilmington, DE 19806
0.41 Acres Lot
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Trolley Square
MLS Listing ID 1000064190
Sold Date 06/30/17
Style Other
HOA Y/N N
Originating Board TREND
Year Built 1933
Annual Tax Amount $6,885
Tax Year 2016
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 68X300
Property Description
Great 7 unit 3 story apartment building with 27 car income producing parking places located in the heart of Trolley Square on Gilpin Ave . This well maintained building has 5 two bedroom apts and 2 one bedroom apts. All apts have washers-dryers , sprinkler systems ,heat and central air conditioning except apt#5 has no central a/c. New HVAC system installed in apt #4 by Sobieski Inc in 2016 . Gross income for the 7 apts was 82,575 in 2016 and gross income for parking place was 16440 in 2016 . Total income of 99,015 in 2016 .Included in rent: apt #1 -1 parking space apt#2 --2 parking spaces apt#3-- 2 parking spaces apt#4---1 parking space apt#5-- 1 parking space apt#6-- 2 parking spaces apt#7-- 2 parking spaces
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R5C
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Interior Features Sprinkler System
Hot Water Electric
Heating Gas, Heat Pump - Electric BackUp, Hot Water
Cooling Central A/C, Wall Unit
Flooring Fully Carpeted
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit
Exterior
Garage Spaces 12.0
Water Access N
Roof Type Pitched
Accessibility None
Total Parking Spaces 12
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-021.30-001
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Robert Harrison • Harrison Properties, Ltd.