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547 Homestead Road

WILMINGTON, DE 19805
  • $180,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: DENC2027216
UPDATED: 52 min ago
$180,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,575
    SQFT
  • $114
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

School District:

Description

Looking to be a landlord of a multi-family building? Then this may be the opportunity you've been touting! Welcome to Alban Park! Located just on the outskirts of the City of Wilmington proper and nestled within close proximity to the Riverfront District of downtown. Homestead Rd. features an abundance of purposefully built, multi-family buildings from a bygone era. Each building features two, 2 bedroom apartments with a common area basement space for storage as well as a two car garage and driveway out back. Each unit has separate electric, gas, and water so tenants pay everything. Walk in the split foyer hallway and go up to the first floor unit on your right. Great room entrance followed by open dining and kitchen space combination. Hallway leads to full bathroom and two sizable bedrooms with ample storage capacity on the rear of the unit. Upper floor unit is a mirror of this space. Currently, the main floor is occupied with a tenant paying $850, Section 8 subsidized, on a month-to-month lease. Second floor unit is empty, features fresh cosmetics, and has an SRAP subsidized tenant set to take possession in August. Excellent opportunity to purchase two for the price of one and get the cash flowing!

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream Home Realtor @ Patterson Schwartz Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-10T00:00:14.877.
www.findmydedreamhome.com/homes/130668700
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547 Homestead Road WILMINGTON, DE 19805

  • Price: $180,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 52 min ago
  • ID#: DENC2027216
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1,575
SQFT
$114
$/SQFT
1960
Built
Neighborhood:
Alban Park
County:
New Castle
Area:
Elsmere/Newport/Pike Creek (30903)
School District:
Red Clay Consolidated
Property Description
Looking to be a landlord of a multi-family building? Then this may be the opportunity you've been touting! Welcome to Alban Park! Located just on the outskirts of the City of Wilmington proper and nestled within close proximity to the Riverfront District of downtown. Homestead Rd. features an abundance of purposefully built, multi-family buildings from a bygone era. Each building features two, 2 bedroom apartments with a common area basement space for storage as well as a two car garage and driveway out back. Each unit has separate electric, gas, and water so tenants pay everything. Walk in the split foyer hallway and go up to the first floor unit on your right. Great room entrance followed by open dining and kitchen space combination. Hallway leads to full bathroom and two sizable bedrooms with ample storage capacity on the rear of the unit. Upper floor unit is a mirror of this space. Currently, the main floor is occupied with a tenant paying $850, Section 8 subsidized, on a month-to-month lease. Second floor unit is empty, features fresh cosmetics, and has an SRAP subsidized tenant set to take possession in August. Excellent opportunity to purchase two for the price of one and get the cash flowing!
Exterior Features

Architectural Style Colonial Construction Materials BrickAsbestos Garage YN No Other Structures Above GradeBelow Grade Parking Types Off StreetOn Street Pool No Pool Property Condition Average Riparian Rights YN No Roof FlatShingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1575 Basement FullGarage AccessInterior AccessOutside EntranceUnfinishedWalkout Level Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Tenant Personal Property Fireplace YN No Fireplaces Total 0 Flooring CarpetLaminate PlankVinylHardwood Heating Forced Air Heating YN Yes Inclusions As Shown Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 2 Walls Ceilings Dry Wall

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel None Cross Street Bonwood Rd. Electric 100 Amp ServiceCircuit Breakers Foundation Details Block Ground Rent Payment Frequency Annually Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Leased 1 Number Of Units Total 2 Original MLSNumber 801712196350 Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1309.00 Tax Assessment Amount 39700.00 Tax Lot 122 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 MileCommuter Rail Station 1 To 5 Miles Vacation Rental YN No Water Source Public Zoning Nc5

Listing courtesy of Pantano Real Estate Inc.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream Home Realtor @ Patterson Schwartz Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-10T00:00:14.877.
 
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