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800-441-8118

1201 WILMINGTON RD, NEW CASTLE

MLS #DENC520500
Listing Image Placeholder

$ 440,000

Community: BALDTON
  • Description

    Attention aspiring or experienced landlords! Excellent opportunity to create a portfolio and have this be the cornerstone of it, or add to an existing one. Single tax parcel, two separate structures, four units total. Main building is an all brick cape surrounded by a stone wall, set back and elevated high above Wilmington Road. Main building consists of two units; one three bedroom on the lower level, one two bedroom on the upper level and is accessed via separate exterior entrances. Basement is accessed through exterior entrance as well. Front porch for the warmer months approaching (Can't Wait...), grassy knoll area between the structures, and plenty of parking on Brylgon Ave. for all tenants and guests alike. Second structure fronting on side street has two units, one bedroom each and are accessed separately through exterior entrances. Utilities are housed on the rear of the property and accessed via outside entrance. This building also has a one car attached garage that is perfect for storage, could be rented, or combined with main floor unit to create a second bedroom and increase monthly rent. All systems separate except water. So tenants pay electric, gas, heat, ECT. Fully occupied and performing, this property creates an exceptional opportunity to take advantage of todays ultra low interest rate and friendly lending environment to put your money to work via something other than Reddit forums and create wealth the old fashioned way!
    Listed By: 
    Alliance Realty
  • Property Details

    Property Type:

    Community:

    Style: 
    Cape Cod
    Carriage House
    Converted Dwelling
    Craftsman
    Lot Size ( W x L ): 
    68.30 x 185.80
    Lot Sq. Feet: 
    10,454
    Year Built: 
    1933
    County Tax: 
    $196.00
    City Tax: 
    $732.00
    School District: 
    COLONIAL
  • Exterior Features
    Garage: 
    Garage - Side Entry,Garage - Front Entry
    Foundation: 
    Slab,Stone
    Construction Type: 
    Brick
    Roofing: 
    Shingle
    Pitched

    Exterior Features:

    Sewer: 
    Public Sewer
    Water: 
    Public
  • Interior Features
    Heating System: 
    Forced Air
    Hot Water
    Cooling System: 
    Central A/C
    Primary Flooring: 
    Carpet
    Hardwood
    Laminated
    Vinyl
    Basement: 
    Unfinished,Walkout Level,Full

Map

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