Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
3,504
Tucked into one of the most desirable suburban neighborhoods, this beautifully maintained five-unit property offers both timeless character and reliable income—an ideal combination for any investor. Located on a quiet, tree-lined street surrounded by well-kept homes and a welcoming community, it blends residential charm with strong investment fundamentals. Set on a generous and well-kept piece of land, the property features classic curb appeal along with the potential for two dedicated parking spots—an added convenience for tenants and a valuable perk for long-term ownership. Inside, the building is well taken care of, with clean, well-lit common hallways and original wood handrails that bring warmth and historic charm to the space. The unit mix includes two spacious two-bedroom apartments, one one-bedroom unit, and two studios—each self-contained and thoughtfully updated to attract quality tenants. A shared community basement offers convenient on-site laundry and additional storage, further enhancing the tenant experience. With all units currently leased and generating approximately $66,600 in annual rental income, this is a true turnkey investment offering immediate cash flow. Its unbeatable location near parks, schools, shopping, and major commuter routes makes it an incredibly rare opportunity in a high-demand area—perfect for investors seeking a low-maintenance property with long-term value.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
5
Area & Lot
-
Lot Size(acres)
0.19
-
Property Type
Residential Income
-
Architectural Style
Other
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding
-
Parking
Gravel, Driveway
Financial
-
Sales Price
$600,000
-
Tax Amount
12080.0
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Location
County
DELAWARE
Elementary School
Middle School
High School
Listing Courtesy of John J Gauntlett IV , KW Empower
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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