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1226 New St
Wilmington, DE 19808
Multifamily Rental · Multifamily Property For Sale
·
2 Units

Investment Highlights
- Multi Tenant Rental Property
- Rare 1 Ac Lot
- Central Location
Executive Summary
Marketing description
Well maintained Home, ready to rent. Renal Apartment above garage.
Home 3BR/2 BA - currently vacant, Apartment 2BR/1 BA over 2 Car Garage
Large ~1 Ac lot backyard, Lot frontage 62.70'. Depth 332.80'
Annual Property & School Tax: 4,058
Investment highlights
PROFORMA (Currently Vacant)
3 BR/2 BA Home- $2,600/Mo
2 BR/1 BA Apartment - $1,350/Mo
Income: $3,950/Mo - $47,400/Yr
Property Tax: $4,058/Yr
Insurance: ~ 1,500/Yr
Net Operation Income: $3,486/Mo - $41,842/Yr. Est.
Well maintained Home, ready to rent. Renal Apartment above garage.
Home 3BR/2 BA - currently vacant, Apartment 2BR/1 BA over 2 Car Garage
Large ~1 Ac lot backyard, Lot frontage 62.70'. Depth 332.80'
Annual Property & School Tax: 4,058
Investment highlights
PROFORMA (Currently Vacant)
3 BR/2 BA Home- $2,600/Mo
2 BR/1 BA Apartment - $1,350/Mo
Income: $3,950/Mo - $47,400/Yr
Property Tax: $4,058/Yr
Insurance: ~ 1,500/Yr
Net Operation Income: $3,486/Mo - $41,842/Yr. Est.
Property Facts
| Sale Type | Investment | Building Size | 3,000 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1939 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 3,000 SF |
| No. Stories | 2 |
| Year Built | 1939 |
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