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About This Home
This 4-bedroom, 2-bathroom townhouse at 615 W 5TH Street in WILMINGTON, DE is listed for $159,900 ($90 per sqft). Built in 1875, the home offers 1,775 sqft of living space on a 0.04 acres lot.
Quaker Hill Area: 4 Bedroom, 1.5 Baths, 3 Story Townhouse. This home is ready for either an investor or first time home buyer now!!! All that the new owner will need to do is MOVE IN! This home is priced to SELL! Investor-ready cash-flow opportunity with proven rent at $1,700/month.
This property delivers an estimated $17,400 NOI ( 10.9% cap rate) with low operating expenses. Ideal for local and out-of-state investors seeking immediate income, strong returns, and upside potential. Section 8 rentals for 4 bedrooms in this neighborhood are $2,000-$2,300/month. This property is great for investors, rental ready!!
Key Features
- Built in 1875
- 0.04 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$855/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
615 W 5TH Street
WILMINGTON, DE 19801
WILM #21
Property Details
Construction
Parking
Heating
Questions & Answers
This 4-bedroom, 2-bathroom townhouse at 615 W 5TH Street is listed at $159,900 ($90/sqft). The estimated monthly payment is $693 based on 20% down at 6.5% interest.
Key features include: Built in 1875, 0.04 acre lot, 3 stories.
This property is listed by Barry G Godfrey and can be reached at 3022759412 or bgodfr3131@aol.com.
