Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
3,630
Positive cash flow from day one! Solid, brick, four unit apartment building is fully rented with excellent tenants. All units have identical floorplans and have been renovated. Each offers a large living space, two very nice sized bedrooms, a galley style kitchen, a dining area with door to the outside rear of the unit and a full bath. Hardwoods have been refinished in all units in living/ dining and bedrooms. Tiled flooring in kitchen and bathrooms. Common area offers tenants a locked storage area for each unit, and common laundry with coin operated dryer (approx $50/mnth income) . Electric and heat is separate for each unit and paid for by tenant. Landlord pays water/sewer, and trash. ( sewer and trash included in taxes) Additional 4 garages in rear offer even more income opportunity; two garages currently rented for 75.00/month per garage with long term tenant. Opportunity to raise all rents on units and garages. Building is solid with concrete and steel foundations and flooring. Yearly income now exceeds $47000.00. Copies of leases available upon request. Expenses and rent sheets attached to MLS.
Features & Amenities
Interior
-
Total Bedrooms
8
Area & Lot
-
Lot Size(acres)
0.18
-
Property Type
Residential Income
-
Architectural Style
Tudor, Colonial, Traditional
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Brick
-
Parking
On Street, Attached
Financial
-
Sales Price
$379,900
-
Tax Amount
11240.0
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Location
County
DELAWARE
Elementary School
Middle School
High School
Listing Courtesy of Ralph A Chiodo , EXP Realty, LLC
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.

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