1311 Linden St, Wilmington, DE 19805
Sold: $57,000 (05-02-2018)
- hotel 3
- hot_tub 1
- grid_on 975sqft
DOUBLE DIGIT CAP RATE INVESTMENT PROPERTY! This nice 3BR/1 BA brick home in Hedgeville community had a new tenant placed the second week of March 2018 at $950 income per month with a twelve month lease in place yielding the investor an attractive approximate 15 percent return on investment. Features of this home include a newer gas heater and a bonus room at rear of the kitchen. Home located walking distance to the popular Wilmington Riverfront and downtown business and entertainment center. Motivated seller. Present private lender in place willing to consider lending to potential buyer (this is NOT seller financing) under the following conditions: Complete a simple mortgage application and supply an updated credit report and copy of driver's license. Minimum 20 percent down payment required (proof of funds required with offer). At closing, buyer provide homeowner's insurance listing lender as the mortgagee. Minimum 24 hour advance notice preferred for showings.… More Less
