1607 W 4th St, Wilmington, DE 19805

$230,000
1,800
SqFt

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List Price
$230,000
Status
PENDING
MLS#
DENC2099576
Living Area
1,800
Lot Size (Acres)
0.04
Style
Traditional
Year Built
1890
County
New Castle
School District
Red Clay Consolidated

Property Description

1607 W 4th St, Wilmington, DE 19805 is a strong opportunity for both an investor and a first-time home buyer ready to think strategically. If you have been looking for a way to start your real estate investment journey with your first home, this 2-unit property gives you that chance. You may be able to live in one unit, use available grant or closing cost assistance options to help with your purchase, and create added income from the second unit, which may help offset your monthly mortgage. The main floor unit features 1 bedroom and 1 bathroom and has already been updated. The second-floor unit offers 2 bedrooms, 2 bathrooms, and a bonus room that could serve as a home office or even a possible 3rd bedroom. The property also has updated electrical systems, which add even more value. For an investor, this is a chance to add to your rental portfolio or start one with a property that already offers a multi-unit setup. For a first-time buyer, this is an opportunity to buy with a plan, build equity, and start creating income from day one. If you have been waiting for the right time to buy, this may be your sign. Opportunities like this do not come around every day. the current tenants is paying $1,400. Book your tour as soon as possible and come see the potential for yourself.

Additional Information

Area
Wilmington (30906)
School District
Red Clay Consolidated
Heating
Radiator(s)
Cooling
Central Air
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 EXP Realty, LLC. Contact: