600 W 5TH ST, Wilmington, DE 19801
600 W 5TH ST, Wilmington, DE 19801
600 W 5TH ST, Wilmington, DE 19801
5
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Listed by Michael Hunter • Home Realty
$350,000
Est. payment /mo
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2,775 SqFt
Active

600 W 5TH ST Wilmington, DE 19801

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Zack Grimmer

Zack Grimmer

+1(215) 667-0238

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,775 sqft

Price per Sqft $126

MLS Listing ID DENC2106736

Style Other

Abv Grd Liv Area 2,775

Year Built 1890

Annual Tax Amount $2,715

Tax Year 2025

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Come see this great investment opportunity! The building features 3 units consisting of three 2-bedroom units and 1-bathroom units. Separate gas hot water and electric services for each unit. This property is within walking distance to Downtown Wilmington, the Business District, and the Wilmington Riverfront. This property offers a great investment opportunity or the chance to owner-occupy one unit while renting out the others. The building has Three two-bedroom 1 bath units at $1,200 each. $3,600 a month total plus the garage is rented at $150 a month which is approximately $45000/yr annual rental income. The City of Wilmington Business license is current for all the rental units. The landlord does have the security deposits in Escrow. All the utilities are separate systems. The house has a central sprinkler system, hard wired smoke and carbon dioxide detectors. Don't miss out on this opportunity!

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-4

Rooms

Basement Full

Interior

Interior Features Sprinkler System

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Inclusions All Existing Appliances "As Is" Condition

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Other

Above Ground Finished SqFt 2775

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Christiana

School District Christina

Others

Tax ID 26-035.30-005

Ownership Fee Simple

SqFt Source 2775

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Zack Grimmer

Zack Grimmer

Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer | License ID: RS346782 | 1973175 | BK359849

+1(215) 667-0238

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600 W 5TH ST