$565,000
bedrooms
0
bathrooms
0
square feet
4,000
Acreage
0.57
Open Houses
-
year built
1942
Full Baths
0
Half Baths
0
Show me the money! This property, located in a residential neighborhood, presents as an excellent investment opportunity. This updated multiplex is a 5-Unit building, with a detached garage, and wonderful large lot. This building has separate entrances for ALL units, including 3 one-bedroom, and 2 two-bedroom units. Unit A (1 Bedroom) -$1,100, Unit B (1 Bedroom) -$1,000, Unit C (1 Bedroom) - $1,000, Unit D (2 Bedroom) - $900. Unit E (2 Bedroom) $1,450. Unit C has separate baseboard heat that is paid through their electric bill. All other units have gas heat, which is paid by owner. Owner also pays water, and hot water for all units. There is a common area, coin-operated washer and dryer on the premises. Gross Income $65,400. Taxes $10,289, Insurance $2,000, Maintenance $3,940, Utilities $5,356, total expenses $ 21,585 with a net operating income of $43,815. This property has many upgrades and long terms tenants. Serious inquiries only. For lending purposes, please be aware that this property is considered commercial because it is a 5-unit building. This also means that there is no property disclosure.
Location | |
Subdivision | MARSHALL TERRACE |
County | DELAWARE |
Elementary School | - |
Middle School | - |
High School | CHICHESTER SENIOR |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: PADE2084788
Listing agent:
Sue Olshefski
Listing broker:
Berkshire Hathaway Homeservices Fox & Roach, Realtors
Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Thursday, February 27 2025 at 9:09 p.m. EST
Kotohomes National
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