Wilmington, DE 19805,1701 W 4TH ST
Wilmington, DE 19805,1701 W 4TH ST
Wilmington, DE 19805,1701 W 4TH ST
Wilmington, DE 19805,1701 W 4TH ST
Wilmington, DE 19805,1701 W 4TH ST
Wilmington, DE 19805,1701 W 4TH ST
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$79,900

$79,900

Est.Price: ?

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Est. payment /mo

3,049 Sqft Lot


SOLD DATE : 05/09/2016

Key Details

Sold Price $79,900

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Wilm #23

MLS Listing ID 1003945213

Sold Date 05/09/16

HOA Y/N N

Originating Board TREND

Year Built 1916

Annual Tax Amount $913

Tax Year 2015

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 38X78

Property Description

Unique opportunity to acquire a key commercial property situated prominently on a busy corner at 4th and DuPont Streets in Wilmington. Property consists of two retail store fronts, two apartments and a two car garage. Corner store front is rented to a restaurant through May of 2015 for 650 per month, tenant would like to extend. The other retail store front was rented for $650 on a month to month basis. Upstairs are 2 two bedroom apartments, one rented for $500 and the other for $600 per month. The residential tenants have expressed desire to extend leases. The two car garage is not rented and needs repairs. This is an outstanding opportunity to acquire this property. EXPENSES: Insurance - $2429 annually, Heat roughly $400/month, county taxes $943, city taxes $807. Owner also is selling other properties in the same immediate area; 1712 W 4th Street, a duplex and 1716 W 4th Street, a one family dwelling with a performing tenant. Property is sold as is; cash is sellers preferred form of funding.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26C-2

Rooms

Other Rooms Master Bedroom

Interior

Hot Water Natural Gas

Flooring Wood, Vinyl

Fireplace N

Heat Source Natural Gas

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Butane, Electric Available, Phone, Cable TV Available

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-026.40-337

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by Paul M Pantano • Pantano Real Estate Inc
Bought with Paul M Pantano • Pantano Real Estate Inc
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