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831 KIRKWOOD ST Wilmington, DE 19801
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Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DENC2036834
Sold Date 02/17/23
Style Other
Originating Board BRIGHT
Year Built 1909
Annual Tax Amount $885
Tax Year 2022
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 16.00 x 65.40
Property Description
All 3 apartments have been recently renovated within the past year. Unit A is a spacious loft consisting of 2 Bedrooms, 2 Bathrooms with long term tenants in place; Unit A rents for $650/mo. Unit B is a 2 Bedroom, 1 Bathroom 1st floor apartment that rents for $992/mo. Lastly, Unit C is the largest of them all with 3 Bedrooms, 1 Bathroom and it is currently rented for $1250/mo. All units have separate meters for utilities. Owner pays for water/sewer. Unit A is a long term tenant wanting to stay (rented WAY below market rate). Unit B and Unit C have been rented to Housing Authority and the rent payments are guaranteed from the section 8 voucher program. Rare turnkey property with a double-digit cap rate. Listing agent is a part of the ownership group.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Rooms
Basement Full, Outside Entrance, Unfinished
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Equipment Oven/Range - Electric, Refrigerator
Appliance Oven/Range - Electric, Refrigerator
Heat Source Electric
Exterior
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Christina
Others
Tax ID 26-036.30-309
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Scott C Farnan • BHHS Fox & Roach - Hockessin