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.
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Listing Snapshot
Price
$230,000
Days On Site
191 Days
Bedrooms
3
Inside Area (SqFt)
1,800 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
1890
MLS® Number
DENC2099576
Status
Pending
Property Tax
$2,531
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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