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3311 SEMINOLE AVE Wilmington, DE 19808
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Key Details
Sold Price $310,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Cranston Heights
MLS Listing ID 1000873667
Sold Date 11/22/17
HOA Y/N N
Originating Board TREND
Year Built 1991
Annual Tax Amount $390
Tax Year 2017
Lot Size 10,019 Sqft
Acres 0.23
Lot Dimensions 50X200
Property Description
GREAT REVINUE GENERATING COMMERICIAL PROPERTY One block off Kirkwood Hwy This property has 5 units. Unit 1 - 2-bedroom house with basement that is currently rented for $1,200/m. Unit 2 - 1st floor Efficiency Currently Rented at $600/m, Unit 3 - 1 bedroom apt. upstairs over the garage currently rented for $1,000/m. Unit 4 - Left side of garage is currently rented for $500/m and Unit 5 - Right side of garage is currently rented for $500/m. The garage is separated by a temporary wall should it need to be converted back to a single unit. Current total rent received on this property $3,800/m The current owner invested over $90k to update the entire property over the last 5 years. Each unit has its own electric meter. Tenants pay all utilities except sewer and taxes. This property is ZONED - CR. Property is being sold as is, meticulous books are available for review. Seller will consider creative financing.
Location
State DE
County New Castle
Area Elsmere/Newport/Pike Creek (30903)
Zoning CR
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Water Access N
Street Surface US Highway/Interstate
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 07-037.20-224
Ownership Fee Simple
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Bought with Bob Comegys • Empower Real Estate, LLC
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