$165,000
$180,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
1716 CHESTNUT STREET Wilmington, DE 19805
3,025 SqFt
Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,025 sqft
Price per Sqft $54
Subdivision Wilm #25
MLS Listing ID DENC477224
Sold Date 06/21/19
Style Dwelling with Rental,Colonial
HOA Y/N N
Abv Grd Liv Area 3,025
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $4,586
Tax Year 2018
Lot Size 4,356 Sqft
Acres 0.1
Property Description
INVESTOR ALERT! Excellent opportunity to own this 4 unit property to start or add to your investment portfolio. Appliances in all units will be transferred with the property EXCEPT Refrigerator in Unit #1. Separately metered electric. New roof 2014. Gas hot water heat in all units. Exterior lighting for security. Unit #1 - spacious 1 bedroom, 1 bath, first floor unit features a private entrance, enclosed front porch, open living room and ding room areas, separate kitchen with electric range, and direct access to the basement. Unit #2 main level modest efficiency 1 bedroom, 1 bath has it's own private side entrance. Enter upper- level units via exterior side entry: Unit #3 - 2 bedrooms, 1 bath, formal dining room, exposed brick, hardwood, carpet and vinyl flooring, wood cabinets, double sink, electric range and is partially furnished. Unit #4, also second level efficiency, has great room/dining area, 1 bedroom, 1 bath, electric cooking, carpet and tile flooring. Full basement provides for ample storage with washer and dryer available for tenant usage. The fenced rear yard is ideal for BBQ and summer fun. The owner could occupy one unit, rent the others. Convenient location and distance to schools, local shopping, transportation, River Front attractions, highway and more. Schedule your appointment to tour this property now! NOTE: Property approved by City of Wilmington as a rental. New owner responsible for getting Certificate of Zoning upgraded from single dwelling to quadraplex by City of Wilmington . Tenant to vacate Unit #1 NLT May 31, 2019. Units #2, 3 & 4 are vacant.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-2
Rooms
Basement Outside Entrance, Unfinished, Walkout Stairs, Windows
Interior
Hot Water Natural Gas
Heating Hot Water, Radiator
Cooling None
Equipment Dryer, Washer, Stove, Refrigerator, Oven/Range - Electric
Fireplace N
Window Features Screens
Appliance Dryer, Washer, Stove, Refrigerator, Oven/Range - Electric
Heat Source Natural Gas
Exterior
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Water Available, Sewer Available
Water Access N
Roof Type Architectural Shingle
Accessibility None
Garage N
Building
Lot Description Front Yard, Level, Rear Yard, SideYard(s)
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental, Colonial
Additional Building Above Grade
New Construction N
Schools
School District Christina
Others
Tax ID 26-033.20-228
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA 203(k)
Listing Terms Cash, Conventional, FHA 203(k)
Financing Cash,Conventional,FHA 203(k)
Special Listing Condition Standard
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Bought with Joseph P Hurley III • Alliance Realty
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