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1311 LINDEN ST Wilmington, DE 19805
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Key Details
Sold Price $57,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 975 sqft
Price per Sqft $58
Subdivision Hedgeville
MLS Listing ID 1001201147
Sold Date 04/30/18
Style Colonial
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 975
Originating Board TREND
Year Built 1900
Annual Tax Amount $1,022
Tax Year 2017
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 14X62
Property Description
DOUBLE DIGIT CAP RATE INVESTMENT PROPERTY! This nice 3BR/1 BA brick home in Hedgeville community had a new tenant placed the second week of March 2018 at $950 income per month with a twelve month lease in place yielding the investor an attractive approximate 15 percent return on investment. Features of this home include a newer gas heater and a bonus room at rear of the kitchen. Home located walking distance to the popular Wilmington Riverfront and downtown business and entertainment center. Motivated seller. Present private lender in place willing to consider lending to potential buyer (this is NOT seller financing) under the following conditions: Complete a simple mortgage application and supply an updated credit report and copy of driver's license. Minimum 20 percent down payment required (proof of funds required with offer). At closing, buyer provide homeowner's insurance listing lender as the mortgagee. Minimum 24 hour advance notice preferred for showings.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
Basement Partial
Interior
Hot Water Natural Gas
Heating Gas, Forced Air
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Laundry Main Floor
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District Christina
Others
Senior Community No
Tax ID 26-034.30-186
Ownership Fee Simple
Acceptable Financing Conventional, Private, Assumption
Listing Terms Conventional, Private, Assumption
Financing Conventional,Private,Assumption
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Bought with Zachary L Hoopes • BHHS Fox & Roach - Smyrna