BEDS0
BATHS
SQUARE FEET2,000
MLS#DENC2099546
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRED CLAY CONSOLIDATED
Property Description
This all-brick end-unit row home in the 19805 zip presents a strong opportunity for investors seeking a cash-positive addition to their portfolio. The property is conveniently divided into two distinct rental units that generate a combined monthly gross income of $2,350. Unit 1 features a spacious two-bedroom, one-bathroom layout currently rented for $1,250 with about 1000 sf of living area. Unit 2 is a one-bedroom, one-bathroom suite rented for $1,100 with about 1000 sf of living area. Unit 2 offers added convenience with an in-unit washer and dryer, along with dual exterior access from both the main and upper levels. A significant benefit for a potential buyer is the installation of newer windows throughout the building, which improves energy efficiency and reduces future capital expenditure. Because the property is being sold in as-is condition and is currently occupied by tenants, interested parties should plan ahead and allow for a 24 to 48-hour notice period for all showings. Given the high demand for rental housing in Wilmington, this dual-stream income property is positioned as a high-utility asset for those ready to move quickly.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Hot Water
Home Style: Traditional
Taxes: $2,806
Year Built: 1879
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 22
Exterior: Brick
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Two Bedroom Units: 1
Units: 1
Water: Public
Local Schools
School District: RED CLAY CONSOLIDATED
Listed By / Shown By
Listed By
Agency Name: Weichert, Realtors - Cornerstone
Agency Phone: 6104360400
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 737.03 per month $444.89 Principal & Interest $233.83 Property Tax $58.30 Homeowner's InsuranceChange Payment Information
1534 W 4th Street | MLS# DENC2099546
This multi-family property located at 1534 W 4th Street, Wilmington, DE 19805 is currently listed for sale with an asking price of $199,900. W 4th Street is located within the RED CLAY CONSOLIDATED school district. Search Wilmington real estate on www.realtymarkllc.com today.