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Sold for $463,250 on 03/30/23
  • $463,250

    7 Rodman Rd, Wilmington, DE 19805

    6beds
    4baths
    --sqft
    Quadruplex
    Built in 1950
    -- sqft lot
    $528,500 Zestimate®
    $--/sqft
    $2,070 Estimated rent

    Home value

    $528,500

    $470,000 - $592,000

    $2,070/mo

    Zestimate® history
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    What's special

    This is not your typical Quadplex property. This building & the 4 separate units have been meticulously maintained by the current owner. 3 of the units have long term tenant with non issues. The largest 2 bedroom unit (1) on the main floor is the homeowners residence, and could be leased for $1,200 -$1,500. As you can see from the pictures this unit features a large eat in kitchen, with granite counters & ss appliances pantry & access to the office space. Nice flow & updates including tray ceiling, dimmers, recessed lights, updated bathroom with granite counters separate wc. Primary bedroom is a mirror image on both sides with 2 doors, 2 walk-in closets, switches, vents & lighting, so that if you want to divide this bedroom into 2 it would be simple. Then you would have a 3 bedroom unit & possibly command a higher rent. Laundry for this unit is on the lower level. The laundry room has access to the exterior of the building & houses the separate water tanks & electrical panels for each unit. Each unit also has their own electric meter & gas meter. The smaller 2 bedroom unit (2) on the lower level is compact, but has an open feel with the kitchen & living space flowing seamlessly. The second floor has 2, 1 bedroom units (3 &4) that are identical, both have their own stackable washer & dryers & ac/heating. All the units have their own entrance door & exit to the exterior of the property. The rear of the property offers patio area with awning & plenty of parking 5+ cars & an oversized double garage, that could also be an income source. All accessed from the driveway at the side of the property, which has recently been redone including painting of the exterior & all the concrete work. This property has so many options & great that you already have tenants in place. The new owner could live in one unit & collect the income on the other 3 units or rent it out to increase your return. The seller is willing to leave the unit (1) furnished minus a couple of pieces & personnel items, There are even options to rent the garage out if you choose. This multi-unit building is an opportunity not to miss, a quality property like this does not come around often. An open house will be scheduled soon, so you can see for yourself what a great investment this would be. Please note there are 2 Rodmans. Make sure you have 7 Rodman Road 19805 in your GPS .

    Zillow last checked: 8 hours ago

    Listing updated: July 25, 2023 at 09:10pm

    Listed by:

    Julie Allport 302-507-7440,

    BHHS Fox & Roach-Greenville

    Bought with:

    Jeff Derp, R3-0015988

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: DENC2037500MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Exterior Entry,Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage Faces Rear, Oversized, Asphalt, Lighted, Private, Detached, Driveway, Off Street, Parking Lot
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Awning(s)
    • Pool features: None
    Lot
    • Size: 6,970 sqft
    • Dimensions: 42.30 x 161.50
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 19005.00188
    • Zoning: 19R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick
    • Foundation: Block
    Condition
    • Excellent
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Wilmington

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,FHA,Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/30/2023Sold$463,250+16.4%
    Source: Bright MLS #DENC2037500
    2/14/2023Pending sale$397,900
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #DENC2037500
    2/14/2023Contingent$397,900
    Source: Bright MLS #DENC2037500
    2/11/2023Listed for sale$397,900
    Source: Bright MLS #DENC2037500

    Public tax history

    Tax history is unavailable.

    Neighborhood: 19805

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Baltz
    • Middle: Alexis I.dupont
    • High: Mckean
    • District: Red Clay Consolidated

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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