513 Homestead Road
Wilmington, DE 19805
MLS #6881596

Multi-Family
  • 2units
  • 4beds
  • 2baths
  • 0.07acres
  • 1,575sq ft
ACTIVE $89,900
Est. P&I payment: $343.36/mo
513 Homestead Road, Wilmington, DE 19805
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Description for 513 Homestead Road, Wilmington, DE 19805
Thirteen buildings are available in Alban Park on Homestead Road for a total of 26 units. Each building has two, 2 bedroom units and 1 full bath. Some buildings have garages located off the rear and accessed by private driveway. Properties are fully occupied and performing; currently managed by professional company with long standing history of this niche market. **Properties must be purchased as a package.** Serious purchasers only need inquire. Further information available on request once respective purchaser provides documentation with regards to either proof of available funds or financing with specific contingencies not withstanding buyer provided financials to lender prior to touring properties. Excellent opportunity to complete a 1031 Exchange or other investment strategies to create significant and highly positive cash flow with other potential write-offs and benefits associated with property ownership. Contact Listing Broker for further details.
MLS #6881596
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My Notes for MLS #6881596

General Features

  • Property Type: Multi-Family
  • Building Floors: 2
  • Design: Duplex
  • Entrance: Foyer
  • Floor: Fully Carpeted,​Vinyl
  • Gross Square Feet: 1,575
  • Land Square Feet: 3,049
  • Total Units: 2
  • Property Age: 56
  • County: NEW CASTLE
  • Subdivision: ALBAN PARK

Exterior Features

  • Water Front: N
  • Exterior: Vinyl Siding,​Brick
  • Exterior Features: Sidewalks,​StreetLights
  • Foundation: Concrete
  • Roof: FlatRoof
  • Has Garage Flag: Y
  • Garage Spaces: 2-CarGarage
  • Garage Type: Attached
  • Parking: 2-CarParking,​Drvwy/Off Str

Interior Features

  • Basement: Y
  • Basement Type: Full,​Unfinished,​OE/WkOutBsmt
  • Two Bedroom Unit Count: 2
  • Baths Full Unit 1: 1
  • Beds Unit 1: 2
  • Room Count Unit 1: 4
  • Baths Full Unit 2: 1
  • Beds Unit 2: 2
  • Room Count Unit 2: 4

Utilities Features

  • Central Air: N

Financial Features

  • Unit 1 Monthly Rent: 700
  • Unit 2 Monthly Rent: 700
  • Annual Insurance Expense: 500
  • Annual Maintanance Expense: 1,000
  • Annual Water Sewer Expense: 500
  • Tax Year: 2017
  • Total Assessment: 41,200
  • Total Taxes: 1,318

School Features

  • School District: Red Clay Consol

Miscellaneous Features

  • New Construction: N
  • Property Condition: Average+Prop
  • Storage: Basement,​Garage
  • Type: Semi-Detached

Location

 
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Directions to 513 Homestead Road, Wilmington, DE 19805
Maryland Ave to Alban Dr. to left on Bonwood Rd. Right onto Homestead Rd.
The listing information for 513 Homestead Road, Wilmington, DE 19805 was graciously provided by our friends at the listing brokerage, Alliance Realty

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P&I Payment $343.36
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty JP Rothermel's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty JP Rothermel, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
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Last Updated 04/21/2018 at 8:41pm
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