Primary listing photo

706 N Washington St, Wilmington, DE, 19801

5beds
--baths
1,500sqft
$349,000
$233price/sqft
$2,383/moest. monthly cost
$95,320/yrincome needed

About This Home

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.

Getting Around

94
WalkingWalker's Paradise
60
TransitGood Transit
51
BikeBikeable

Schools

--
Stubbs Early Education CenterGrades PK-K0.7 mi
2/10
The Bayard SchoolGrades 1-81.0 mi
6/10
Christiana High SchoolGrades 6-129.4 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1899

Materials

  • Foundation: Stone
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 5

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None,Gas

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 26035.10374
  • Zoning: 26R5-B
  • Special condition: Standard
  • Exclusions: Tenant Personal Property

Features

  • Pool features: None

Lot

  • Lot size: 1,306 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes