Wilmington, DE 19809,102 LORE AVE
Wilmington, DE 19809,102 LORE AVE
Wilmington, DE 19809,102 LORE AVE
Wilmington, DE 19809,102 LORE AVE
Wilmington, DE 19809,102 LORE AVE
Wilmington, DE 19809,102 LORE AVE
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$250,000

$299,900

16.6%
Est.Price: ?

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Est. payment /mo

4,091 SqFt


SOLD DATE : 05/31/2017

Key Details

Sold Price $250,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 4,091 sqft

Price per Sqft $61

Subdivision Hillcrest

MLS Listing ID 1003959421

Sold Date 05/31/17

Style Other

HOA Y/N N

Abv Grd Liv Area 4,091

Originating Board TREND

Year Built 1930

Annual Tax Amount $2,143

Tax Year 2016

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 87X180

Property Description

Incredible opportunity to own a 5 unit income property near the popular and historic town of Bellefonte! This solid brick, 3 story building sits an a large well manicured property with a detached garage. Each unit features 1 bedroom, 1 bathroom, a living room, and a kitchen. Hardwood floors throughout, off street parking, and a convenient location make this a great investment opportunity. Building needs some TLC to bring it back to it's glory. Potential annual income of $42,900 if all units rented at $700/month and garage rented at $75/month. Expenses disclosed are based on actual figures from 2014 and 2015 when 3 units were occupied the majority of the time, with an additional $1000 added to 'other expenses' to account for the additional electricity and water that would be used if all units were occupied. ('Other expenses' include: $306 for trash/recycle; $1,091 for grass cutting; $1,000 for estimated additional gas/electric/water if all units were occupied). Current utility setup is 1 heater/thermostat and 1 electric meter for entire building. Buyer to confirm all financial figures before proceeding.

Location

State DE

County New Castle

Area Brandywine (30901)

Zoning NC6.5

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished, Outside Entrance

Interior

Hot Water Natural Gas

Heating Gas, Radiator

Cooling None

Flooring Wood

Fireplace N

Heat Source Natural Gas

Laundry None

Exterior

Garage Spaces 6.0

Water Access N

Roof Type Pitched,Shingle

Accessibility None

Total Parking Spaces 6

Garage Y

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Mount Pleasant

Middle Schools Dupont

High Schools Mount Pleasant

School District Brandywine

Others

Tax ID 06-139.00-301

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Robert C Stigler • Keller Williams Realty Wilmington
Bought with Robert C Stigler • Keller Williams Realty Wilmington
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7466 New Ridge Road Suite 1, Hanover, MD, 21076

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