One-of-a-kind multifamily property solidly built in 1977 by the current owner. This property is gigantic and has endless and is NOT located within the city limits. There are currently 3 units with separate electric meters as follows. 2nd Floor 1 BR unit renting mo to mo for $800 2 Floor 2 BR unit renting mo to mo for $850 Main Floor 3BR, 2-1/2 ba unit was occupied by the owner and was not rented, and is currently vacant. The main floor unit and the walkout finished basement both with multiple entryways are enormous and have the potential to be divided into additional apartments. Amenities include 4 Off Street parking spaces. Inside could use some cosmetic updates to brighten up the rooms. The exterior pitched roof has been replaced and the home has real Stucco, not synthetic. Two separate lockable storage units for tenants. The house is on a quiet dead-end street. This is a tremendous opportunity for a savvy investor.
Off market
Zestimate®
$392,300
110 E Fortieth #139, Wilmington, DE 19802
--beds
--baths
3,750sqft
Multi Family, Single Family Residence
Built in 1977
-- sqft lot
$392,300 Zestimate®
$105/sqft
$1,418 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 25, 2023 at 07:04am
Source: HomeServices Property Management,MLS#: DENC2046566
Facts & features
Interior
Heating
- Heat Pump(s)
Cooling
- Central A/C
Features
- Basement: Full,Fully Finished
Interior area
- Total interior livable area: 3,750 sqft
Property
Parking
- Parking features: Off Street
Lot
- Size: 4,356 sqft
- Dimensions: 40.00 x 107.50
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Detached
- Property subtype: Multi Family, Single Family Residence
Materials
- Other
- Roof: Pitched
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Penn Rose
Other
Other facts
- Ownership: Fee Simple