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110 E FORTIETH ST Wilmington, DE 19802
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Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $105
Subdivision Penn Rose
MLS Listing ID DENC2046566
Sold Date 11/27/23
Style Colonial
Abv Grd Liv Area 3,750
Originating Board BRIGHT
Year Built 1977
Annual Tax Amount $3,962
Tax Year 2022
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40.00 x 107.50
Property Description
One-of-a-kind multifamily property solidly built in 1977 by the current owner. This property is gigantic and is NOT located within the city limits.
There are currently 3 units with separate electric meters as follows.
Main Floor 3BR, 2-1/2 ba unit was occupied by the owner and was not rented, and is currently vacant.
The main floor unit and the walkout finished basement both with multiple entryways are enormous and have the potential to be divided into additional apartments.
Amenities include 4 Off Street parking spaces. Inside could use some cosmetic updates to brighten up the rooms. The exterior pitched roof has been replaced and the home has real Stucco, not synthetic. Two separate lockable storage units for tenants. The house is on a quiet dead-end street. This is a tremendous opportunity for a savvy investor.
Location
State DE
County New Castle
Area Brandywine (30901)
Zoning NC5
Rooms
Basement Full, Fully Finished
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 4.0
Water Access N
Roof Type Pitched
Accessibility None
Total Parking Spaces 4
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Brandywine
Others
Tax ID 06-144.00-139
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Jennifer J Lee • BHHS Fox & Roach-Greenville