Wilmington, DE 19805,708 N VAN BUREN ST
Listed by Renee Spruiel • RE/MAX Associates-Wilmington
Bought with Robert C Harrison • Harrison Properties, Ltd.
$315,000
$265,000
18.9%
Est.Price: ?

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2,725 SqFt

708 N VAN BUREN ST Wilmington, DE 19805

Est. payment /mo
SOLD DATE : 04/24/2025

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Key Details

Sold Price $315,000

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,725 sqft

Price per Sqft $115

MLS Listing ID DENC2077158

Sold Date 04/24/25

Style Traditional

Abv Grd Liv Area 2,725

Originating Board BRIGHT

Year Built 1900

Available Date 2025-03-10

Annual Tax Amount $576

Tax Year 2024

Lot Size 2,614 Sqft

Acres 0.06

Lot Dimensions 17.30 x 145.00

Property Sub-Type End of Row/Townhouse

Property Description

Are you looking for a turn-key investment property that produces an immediate return on investment? If so, come see this fully occupied brick duplex located in Cool Springs. Rarely available, this building features 2 large apartments with separate entrances. Unit 1 is a bi-level apartment with 2 bedrooms and 2 full bathrooms with direct inside access to the basement and exclusive access to the large backyard. Unit 2 is a modern bi-level apartment with 2 bedrooms and 1.5 bathrooms, an in-unit washer/dryer connection and a NEW deck off of the primary bedroom with an awesome view of downtown Wilmington. The roof was recently replaced (Jan. 2025) and all apartments feature central air conditioning. Each unit has its own HVAC system, hot water heater and is separately metered for electric services. The landlord pays for water/sewer, grounds/lawn care, property taxes and insurance. Please see income and expense sheet for additional information. Producing just under $3,000 a month, this is a solid investment property with good rental history. You don't want to miss this one! Building is being sold in "as is" condition.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-3

Rooms

Basement Unfinished, Full

Interior

Interior Features Combination Dining/Living, Ceiling Fan(s), Bathroom - Stall Shower, Carpet, Entry Level Bedroom, Kitchen - Galley, Skylight(s)

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Equipment Cooktop, Dishwasher, Dryer, Oven - Single, Range Hood, Refrigerator, Stove, Washer, Water Heater

Fireplace N

Appliance Cooktop, Dishwasher, Dryer, Oven - Single, Range Hood, Refrigerator, Stove, Washer, Water Heater

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-027.40-305

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Bright MLS (BMLS)

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agent

Shawanda Robinson

Agent | License ID: 660794

+1(202) 553-6436

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