Great turn-key investment opportunity with an unheard of 8% cap rate in Brandywine Village!! This well maintained, detached, all brick 4-unit apartment building has solid tenants in place, and a new EPDM flat roof, with separate heat and electric for all units. The units were renovated 6 years ago and have been recently repainted and touched up in the interior and exterior of building. Don't miss out on this investment opportunity. **Tenant Occupied** **Showings on Tuesdays & Fridays between 12-1pm only** *All prospective applicants are subject to vigorous screening process. Updated pro forma to be provided with proof of funds or commercial approval letter.
Sold for $380,000 on 09/29/23
$380,000
2500 N West St, Wilmington, DE 19802
12beds
--baths
2,700sqft
Quadruplex
Built in 1920
-- sqft lot
$-- Zestimate®
$141/sqft
$2,453 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 29, 2023 at 06:46am
Listed by:
Laurence Lee 302-429-4500,
Patterson-Schwartz - Greenville
Bought with:
Dakota Williams, R3-0014474
Long & Foster Real Estate, Inc.
Source: Bright MLS,MLS#: DENC2047816
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Basement
- Area: 1350
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Basement: Full,Exterior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Exterior features: Sidewalks, Street Lights
- Pool features: None
Lot
- Size: 2,178 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2602220225
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Stone
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Brandywine Village
HOA & financial
Other financial information
- Total actual rent: 43020
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Other
- Ownership: Fee Simple