= Required Field.

Already a Member?

Email Address:

Password:

Re-Enter Password:

First Name:

Last Name:

Country:

Zip/Postal Code:

Ext.

Day Phone:

Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers.

No Thanks.

By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

We will NOT share your email address.
View Our Privacy Policy.

Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.

Select a Property Type

You may enter a US or Canadian location in the following formats:

Zip Code
City, State
State

For additional search options, go to Advanced Search Advanced Search Advanced Search.

e.g. Los Angeles, CA or 91016

Advanced Search

Browse More Listings in Multifamily For Sale, Wilmington, DE or Delaware

Multifamily Property For Sale

1739 W. 5th St.

1739 W. 5th St., Wilmington, DE 19805

Price:
$149,000
No. Units:
2
Building Size:
1,400 SF
Price/Unit:
$74,500
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Cap Rate:
9.50%
Occupancy:
100%
No. Stories:
2
Year Built:
1900
Lot Size:
0.04 SF
Tax ID / APN #:
2602620316
Find Out More...

Last Verified 10/8/2009 Listing ID 16265707

Highlights

Investment Property
Fully rented
9.5% Cap Rate

Priced resently reduced.
Quality brick construction and low maintenance.
Located 2 blocks from St. Francis Hospital.

Description

This is a 2 apartment home with a 1 bedroom and 2 bedroom unit. Both are rented, each with its separate electric meter. Basically maintenance free all brick building.
Easy to rent being close to the hospital and in the city.

This is located near the intersection of W. 5th St. and Scott St. , two blocks from the St. Francis Hospital and within walking distance to the local park. It is convenient to businesses and in close proximity to Pennsylvania Ave., Union St. and I-95.

Financial Summary

Unit Mix Information

Actual
Year
2009
Scheduled Gross Income
$17,400
Effective Gross Income
$16,530
Operating Expenses
$2,284
Net Operating Income
$14,247

Description	Avg. Mo. Rent	Sq. Ft.
Two Bedroom Unit -1st Floor	$800	800
One Bedroom Unit- 2nd Floor	$650	600

Map of 1739 W. 5th St., Wilmington, DE 19805 (New Castle County)

Hide Map

Contact Listing Broker to find out more details.

Presented by

Request additional information

Contact Listing Broker

Lorraine Sheldon (302) 224-5949

Track changes to this property: Watch This Property
Share this listing: Send to Friend; Link to This Listing

Link
Copy the link above and share via email or IM.; Embed This on Your Web Site; Share on Facebook; Share on LinkedIn; Share on Twitter
Additional Options: Print Listing; View Map; Demographics; Research Price; Get Financing

Created 6/5/2009

Additional Information for 1739 W 5th Street, Wilmington, DE 19805

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 1739 W. 5th St., Wilmington, DE 19805

Nearby Multifamily properties for saleSearch all commercial real estate for sale

207, 209, 211 & 213 W. 7th St.
$1,275,000
24 Units
609 Tatnall
$350,000
7 Units
NEW PRICE REDUCTION!! Income Producing Residential
$360,000
6 Units
PRICE REDUCED-Portfolio of Properties on Wash. St
$1,650,000
2 Units
Windsor Package
$1,450,000
12 Units

Nearby Recently Sold Multifamily propertiesSearch all recently sold commercial real estate

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Embed this Listing on Your Website

Multifamily Property For Sale -

1739 W. 5th St., Wilmington, DE, 19805