800-441-8118

634 HOMESTEAD RD, WILMINGTON

MLS #DENC2024760
Listing Image Placeholder

$ 180,000

Community: ALBAN PARK
  • Description

    Looking for a multi-family? Of course you are! Not much product available in this classification. Welcome to Alban Park! Located just on the outskirts of the City of Wilmington proper and nestled within close proximity to the Riverfront District of downtown. Homestead Rd. features an abundance of purposefully built multi-family buildings from a bygone era. Each building features two, 2 bedroom apartments with a common area basement space for storage as well as a two car garage and driveway out back. Each unit has separate electric, gas, and water so tenants pay everything. Walk in the split foyer hallway and go up to the first floor unit on your left. Great room entrance followed by open dining and kitchen space combination. Hallway leads to full bathroom and two sizable bedrooms with ample storage capacity on the rear of the unit. Upper floor unit is a mirror of this space. Currently, the main floor is occupied with long term tenant paying $850 on a month-to-month lease. Second floor unit is empty, features fresh cosmetics, so all you need to do is advertise and take applications. Expected rent could be in the $1,200 a month range. Excellent opportunity to purchase two for the price of one and get the cash flowing!
    Listed By: 
    Pantano Real Estate Inc
  • Property Details

    Property Type:

    Community:

    Style: 
    Colonial
    Lot Size ( W x L ): 
    20.20 x 150.00
    Lot Sq. Feet: 
    3,049
    Year Built: 
    1965
    County Tax: 
    $352.00
    City Tax: 
    $0.00
    School District: 
    RED CLAY CONSOLIDATED
  • Exterior Features
    Foundation: 
    Block
    Construction Type: 
    Brick
    Vinyl Siding
    Roofing: 
    Flat
    Sewer: 
    Public Sewer
    Water: 
    Public
  • Interior Features
    Heating System: 
    Forced Air
    Cooling System: 
    None
    Primary Flooring: 
    Laminate Plank
    Carpet
    Basement: 
    Garage Access,Interior Access,Outside Entrance

Map

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