633 HOMESTEAD RD, Wilmington, DE 19805
633 HOMESTEAD RD, Wilmington, DE 19805
633 HOMESTEAD RD, Wilmington, DE 19805
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Listed by Jessica Stiner • RE/MAX Edge
$280,000
Est. payment /mo
1,575 SqFt
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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,575 sqft

Price per Sqft $177

Subdivision Alban Park

MLS Listing ID DENC2105952

Style Colonial

Abv Grd Liv Area 1,575

Year Built 1960

Annual Tax Amount $2,317

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 20.20 x 150.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Rare investment opportunity! Well-maintained duplex located in a highly desirable Wilmington rental market where multi-family properties seldom become available. Each unit features 2 bedrooms, 1 bath, living room, and kitchen with dining area. Long-term tenants with excellent rental histories would like to stay, providing immediate income and stability. Current gross annual rental income is $21,300, with potential for future rent increases. Property also offers a detached 2-car garage, additional storage space, private rear parking for 2 vehicles, and ample street parking. An excellent opportunity for investors seeking reliable income and future appreciation in a high-demand location.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning NC5

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Equipment Refrigerator, Stove

Fireplace N

Appliance Refrigerator, Stove

Heat Source Natural Gas

Exterior

Parking Features Garage - Rear Entry

Garage Spaces 4.0

Water Access N

Accessibility None

Attached Garage 2

Total Parking Spaces 4

Garage Y

Building

Foundation Permanent

Above Ground Finished SqFt 1575

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Richardson Park

High Schools John Dickinson

School District Red Clay Consolidated

Others

Tax ID 07-043.20-091

Ownership Fee Simple

SqFt Source 1575

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


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Jeejesh Mannambeth

Jeejesh Mannambeth

+1(484) 631-6685

REALTOR® | License ID: RS347317

REALTOR® License ID: RS347317

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