Listed By:
RE/MAX Edge
Address
1412 Chestnut Street # 90, Wilmington, DE
Price
$ 170,000
Property Attributes
  • MLS#DENC2063438
  • TypeCondos
  • CountyNEW CASTLE
  • CityWilmington
  • AreaWilmington
  • NeighborhoodTowne Ests
  • Zip19805
  • StyleUnit/Flat
  • Year Built1988
  • Taxes$ 2777
  • Price$ 170,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
Data Source:
Bright MLS
Property Description

Attention investors!!!!! Seize this fantastic opportunity to acquire a convenient first-floor 2-bedroom, 2-bathroom condo in the established Towne Estates community. This turn-key listing boasts a paying tenant, ensuring instant cash flow from day one. The seller is extremely motivated, making this an unbeatable deal for those seeking immediate rental income and long-term value appreciation. Don't miss out on this exceptional investment! Investment Highlights: Tenant-Ready: Currently rented at $1,300 per month with the potential to increase to $1,500 per month, ensuring a strong cash flow from day one. Desirable Layout: The open-concept design features a full kitchen that flows into the dining and living areas, appealing to a wide range of tenants. Master Suite: The master bedroom includes a full en-suite bathroom, enhancing tenant satisfaction and retention. Modern Conveniences: Central air conditioning provides year-round comfort. The unit comes equipped with a refrigerator and washer & dryer, adding to its rental appeal. Low Maintenance: The monthly condo fee of $308.99 covers all exterior and yard maintenance, reducing the burden of upkeep and protecting your investment. Ample Parking: Easy parking access adds to the convenience for tenants, making this property even more attractive. This condo is situated in a well-maintained community, making it an ideal choice for investors seeking a hassle-free, income-generating property. With its strong rental history and the potential for increased returns, this unit represents a compelling addition to any investment portfolio. Don't miss out on this prime investment opportunity in Towne Estates.

Price History
6/20/2024 Listed $170,000

General Features

Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession 0-30 Days CD
Zoning 26R5-B
Association Fee Includes Common Area Maintenance,Ext Bldg Maint,Insurance,Lawn Maintenance,Pool(s),Snow Removal,Trash
Architectural Style Unit/Flat
Construction Materials Brick
School District CHRISTINA
Year Built 1988
Levels 1
Unit Number 90
Tax Year 2022
Percent Ownership Condominium
Cool Fuel Electric
Accessibility Level Entry - Main
HOA Fee 2 308.99
County NEW CASTLE
New Construction No
Property Type Residential
Association Amenities Club House,Swimming Pool
HOA / Comm Assn No
Subdivision Name TOWNE ESTS
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Lancaster Ave to South on Broom to Chestnut.
ModificationTimestamp 2024-06-26T09:19:43
City WILMINGTON
Buyer Agent Compensation 2.5
Senior Community Y/N No
MLS Area Wilmington (30906)
Tax Assessed Value 51300.0
Waterfront Y/N No
HOA Fee 2 Frequency Monthly
Tax Annual Amount 2777.0
Structure Type Unit/Flat/Apartment
Condo/Coop Association Y/N Yes
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Vacation Rental Y/N No
Days on Market 7
Standard Status Active
Year Built Source Assessor
Legal Subdivision TOWNE ESTATES
Tax Lot 169.C.0090
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Central Air Y/N Yes
Total Bedrooms 2
Entry Level 1
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Pool Yes - Community
Water Source Public
Type of Parking On Street
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Land Assessed Value 7100.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 19805

Price
AVG $170K
$170K
Taxes
AVG $2,777
$2,777
Visits
AVG 19
19
Data Provided by Inside Real Estate®
Year Built
AVG 1988
1988

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