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$569,000

Listing Price

7beds

4baths

3,176sqft

3,049sqft lot

816 W 8th St, Wilmington, DE 19801

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Mobile

Home type

--

Price / sqft

1920

Year built

Home Details

Excellent Investment Opportunity Turnkey 5-Unit Apartment Building in WilmingtonnnA rare opportunity to acquire a fully operational, income-producing apartment building in the heart of Wilmington. This well-maintained, turnkey property features five units two spacious 2-bedroom units and three 1-bedroom units.nnPresently, four units are occupied, with one pending a new tenant, providing immediate cash flow. Rents are currently below market, presenting an opportunity for increased returns through rent adjustments. Most leases are month-to-month with long-term tenants.nnThe partially finished basement offers potential for an owners office or additional storage. Property is being sold as-is and is in good overall condition. Inspections are for informational purposes only.nnPerfect for investors seeking strong rental demand and long-term growth potential.

Interior Details

Square Feet
  • 3176

Bedrooms
  • 7

Bathrooms
  • 4

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 3049

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 3

Style
  • Duplex Single

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Flat

Roofing Material
  • Wood

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,605

$5,600

$42,100

--%

$47,700

2019

$1,396

$5,600

$42,100

--%

$47,700

2017

$1,330

$5,600

$42,100

--%

$47,700

2017

$1,330

$5,600

$42,100

--%

$47,700

0

$0

$5,600

$42,100

--%

$47,700

0

$0

$5,600

$42,100

--%

$47,700

0

$0

$5,600

$42,100

--%

$47,700

2012

$0

$5,600

$42,100

--%

$47,700

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Average Home Price in 19801

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
569,000
$
Down payment
113,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,414
$
HOA (Monthly)
0
$
PMI
0
$
$3,683
Your Payment
Total Monthly Payment:$3,683
Percent of Income:63%
Affordable:No

Details for 816 W 8TH ST

Property Debt

Foreclosure Contact Details

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