1405-1407 N Rodney St - Apartments FOR SALE


Wilmington, DE 19806
$799,000 USD
302-507-6266
1405-1407 N Rodney St, Wilmington, DE for Sale
$799,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

1405-1407 N Rodney St
Wilmington, DE 19806


OVERVIEW

Two separate parcels. Prime location in the heart of Trolley Square. 2 blocks from the Trolley Square Shopping Center and all the bars/restaurants that Trolley Square has to offer. A short stroll to Brandywine & Rockford Park and the brand new Oh So Molly boutique. Each parcel contains a 3 story building with a 1 Bedroom apartment on each floor. Total 6 1 Bedroom apartments. Average rent for this building is below market rent at $1,150 per unit. Presently 2 units are vacant and will not be rented in anticipation of a sale and new owner renovations.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$155 USD /SF

# OF UNITS

6

PRICE/UNIT

$133,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,958 SF

ZONING

26R-4

APN/PARCEL ID

26-020.20-115

ASK ABOUT THIS PROPERTY

David MatluskyThe Matlusky Firm, LLCMore Info
302-507-6266

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David MatluskyThe Matlusky Firm, LLCMore Info
302-507-6266

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.