BAYNARD WILMINGTON, DE 19802

Features

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Facts

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Description

This is a Short Sale, meaning the property is offered for sale for less than the balance owed on the property's loan. Short Sales are a great way to purchase a home at an attractive price. The list price is provided but you may present any reasonable offer.

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 ConditioningAll Water Heaters Need to be replacedPlaster work/repair where toilet above leaked and severalother areas need patchingWill need to do your own due diligence and inspectionsLIVE 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, orrent 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.