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Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,975 sqft
Price per Sqft $101
Subdivision Ardentown
MLS Listing ID 1000278670
Sold Date 04/30/18
Style Other
HOA Y/N N
Abv Grd Liv Area 1,975
Originating Board TREND
Year Built 1945
Annual Tax Amount $3,676
Tax Year 2018
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 125 X 150
Property Description
Extraordinary opportunity and incredible location! A legal duplex in Ardentown. The first floor apartment has 2 bedrooms, 1 full bath, kitchen, laundry, hardwood floors and enclosed back porch. This unit has direct access to basement. Rent is currently $900 a month with no written lease in place. The second floor apartment has 3 bedrooms, 1 full bath, and an enclosed front porch with separate entrance. Rent is currently $950 per month with written lease in place until 9/30/2018. 2-car detached garage in rear was previously used by owner and contractor. Tenants using one garage each at the present time. Both garages are keyed separately. Land Lease for Ardentown is currently $3,676 annually (March 25, 2018 - March 25, 2019). One new hot water heater (2018). The owner is aware rents are below market value. With renovations of each unit, and rental of garages $1,350 - $1,500 monthly rent is possible. Tenants pay for their own gas and electric. Owner purchased in 2000 and passed away in January 2018. Therefore, property is being sold in "AS-IS" condition with no warranties or guarantees. No seller's disclosure available because settling estate.
Location
State DE
County New Castle
Area Brandywine (30901)
Zoning CN
Rooms
Other Rooms Primary Bedroom
Basement Partial, Unfinished
Interior
Hot Water Natural Gas
Heating Gas, Hot Water, Forced Air
Cooling None
Flooring Wood, Vinyl
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit
Exterior
Garage Spaces 5.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, Detached Garage
Total Parking Spaces 5
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Brandywine
Others
Tax ID 27-001.00-522
Ownership Fee Simple
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Bought with Deborah S Flaherty • Patterson-Schwartz-Brandywine