The Lisa Mathena Group

$250,000

2502 Baynard Blvd, Wilmington, 19802

MLS Number: Denc2004538
Community: Concord Heights
Bedrooms: 3
Full Baths: 3
Half Baths: 0
Property being sold as a Short Sale. Third Party processor required (see attached disclosures) All offers and real estate agent commissions are subject to 3rd party mortgage company approval and subject to the seller (s) acceptance of those approval terms.INVESTOR ALERT !!! Come see this wonderful opportunity to get started in investment properties or to add to your portfolio. This 3 level house in popular Baynard Blvd location. Close to everything. This multi-unit building is in the tip of the historic district and has a lot of old world charm. All floors, H/W flooring, custom trim and wood casing rarely seen in today's building environment. Main level fireplace is a plus. Main level has access to basement for storage Access to 2nd floor and 3rd floors separate entrance. Separate meters. Off Street parking is available for tenants. This a great multi-unit building in a great location. Seller wishes to sell property as is condition. No Central Air Conditioning All Water Heaters Need to be replaced Plaster work/repair where toilet above leaked and several other areas need patching Will need to do your own due diligence and inspections LIVE IN ONE APARTMENT, LET THE OTHER 2 PAY YOUR MORTGAGE. Wow…buy this home and it will pay for itself. The income you make in the future will count towards your qualifying income!!! Located in a highly residential area, this building with some hard work and cash can perform as a rental tri-plex. The main floor entry can be used as your own home, or rent all three units. It could also be used for home plus office, or renovate into a huge one story home. The options are countless. Each apartment could rent for $1,000+ P/M. Each apartment could enjoy its own dedicated heating, central cooling and hot water systems so the tenants pay all of the utilities (except sewer and water) Building in need of renovation. Located in a highly owner-occupied residential neighborhood within great access to public transportation, downtown business center, Riverfront attractions and amenities, Interstate Highway 95 and 4 miles to St. Elizabeth's school and park. Trash collection is included in municipal taxes. This is a rarely available, multi family property in need of renovation. Showings are limited to two open houses….watch for scheduling. First will be for investors only, second will be for all interested buyers. First week in September. Property is “coming soon” no visitation at present time.

Exterior Features

Architectural Style
Traditional
Construction Materials
Brick
Exterior Features
Street Lights
Foundation Details
Brick/mortar
Garage Features
Additional Storage Area
Parking Features
Asphalt Driveway
Outdoor Living Structures
Porch(es), wrap Around
Roof
Asbestos Shingle

Interior Features

Heating
Steam
Heating Fuel
Natural Gas
Cooling
None
Hot Water
Multi-tank
Fireplace
Y
Flooring
Hardwood
Appliances
Dryer, oven - Single, refrigerator, washer
Basement Type
Connecting Stairway
Interior Features
2nd Kitchen, additional Stairway, ceiling Fan(s), dining Area, wood Floors, built-ins

Additional Details

Elementary School
Warner
High School
John Dickinson
Middle School
Skyline
Square Footage
1925
Acres
0.06
Year Built
1928
New Construction
N
Property Type
Residential
County
New Castle
Lot Size Dimensions
56.00 X 118.70