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706 North Washington Street

Wilmington DE 19801

4
1500 sq. ft.
1306 sq. ft.
Duplex
Currently for sale - view listing

Overview

Nice updated triplex close to business, nightlife and restaurants. Updated, fully leased 3 unit building. Two 2 bedroom units and one efficiency. Property in very good condition. Tenant pays all utilities including electric, heat and hot water. Owner pays sewer and water. Total gross cash flow is approximately $39,000 year. Estimated CAP rate is 10%. Very nice building and easy to rent, Would be a wonderful addition to any portfolio.

Features

4 bedrooms
1500 sq. ft. floor area
1306 sq. ft. lot size
Duplex

Property history for 706 North Washington Street

2023
Sold
$197,000
19 May 2023 by HOWARD A. GREENBERG, of HG Realty Services, Ltd.

Happy sellers in Wilmington

100%
100% of sellers in Wilmington reported that their sale price either exceeded or met their price expectations.

Wilmington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Wilmington over the last 12 months.

Local market activity for 4 bedroom duplexes in Wilmington

In the last 12 months, 3 four-bedroom duplexes similar to 706 North Washington Street, have been sold.

This represents a 25% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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