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About This Home
This 0-bedroom, 0-bathroom residential multi family at 706 N WASHINGTON STREET in WILMINGTON, DE is listed for $359,900 ($240 per sqft). Built in 1899, the home offers 1,500 sqft of living space on a 0.03 acres lot.
Nice updated triplex close to business, nightlife and restaurants. Updated, fully leased 3 unit building. Two 2 bedroom units and one efficiency. Property in very good condition. Tenant pays all utilities including electric, heat and hot water. Owner pays sewer and water. Total gross cash flow is approximately $39,000 year. Estimated CAP rate is 10%. Very nice building and easy to rent, Would be a wonderful addition to any portfolio.
Key Features
- Built in 1899
- 0.03 acre lot
Property Details
Monthly Cost Estimate
$1,925/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
706 N WASHINGTON STREET
WILMINGTON, DE 19801
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 706 N WASHINGTON STREET is listed at $359,900 ($240/sqft). The estimated monthly payment is $1,560 based on 20% down at 6.5% interest.
Key features include: Built in 1899, 0.03 acre lot.
This property is listed by Richard Oberly and can be reached at 3027433810 or richardoberly@gmail.com.