633 Homestead Rd, Wilmington, DE 19805

$280,000
1,575
SqFt

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List Price
$280,000
Days on Market
32
Status
ACTIVE
MLS#
DENC2105952
Living Area
1,575
Lot Size (Acres)
0.07
Style
Colonial
Year Built
1960
County
New Castle
School District
Red Clay Consolidated

Property Description

Rare investment opportunity! Well-maintained duplex located in a highly desirable Wilmington rental market where multi-family properties seldom become available. Each unit features 2 bedrooms, 1 bath, living room, and kitchen with dining area. Long-term tenants with excellent rental histories would like to stay, providing immediate income and stability. Current gross annual rental income is $21,300, with potential for future rent increases. Property also offers a detached 2-car garage, additional storage space, private rear parking for 2 vehicles, and ample street parking. An excellent opportunity for investors seeking reliable income and future appreciation in a high-demand location.

Additional Information

Area
Wilmington (30906)
Subdivision
Alban Park
Taxes
$2317
Stories
2
School District
Red Clay Consolidated
Elementary School
Richardson Park
High School
John Dickinson
Garage
Yes
Garage Spaces
2
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Edge. Contact: 3024424200