Wilmington, DE 19806,1203 GILPIN AVE
Wilmington, DE 19806,1203 GILPIN AVE
Wilmington, DE 19806,1203 GILPIN AVE
Wilmington, DE 19806,1203 GILPIN AVE
Wilmington, DE 19806,1203 GILPIN AVE
Wilmington, DE 19806,1203 GILPIN AVE
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$900,000

$995,000

9.5%
Est.Price: ?

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Est. payment /mo

0.41 Acres Lot


SOLD DATE : 06/30/2017

Key Details

Sold Price $900,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Subdivision Trolley Square

MLS Listing ID 1000064190

Sold Date 06/30/17

Style Other

HOA Y/N N

Originating Board TREND

Year Built 1933

Annual Tax Amount $6,885

Tax Year 2016

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 68X300

Property Description

Great 7 unit 3 story apartment building with 27 car income producing parking places located in the heart of Trolley Square on Gilpin Ave . This well maintained building has 5 two bedroom apts and 2 one bedroom apts. All apts have washers-dryers , sprinkler systems ,heat and central air conditioning except apt#5 has no central a/c. New HVAC system installed in apt #4 by Sobieski Inc in 2016 . Gross income for the 7 apts was 82,575 in 2016 and gross income for parking place was 16440 in 2016 . Total income of 99,015 in 2016 .Included in rent: apt #1 -1 parking space apt#2 --2 parking spaces apt#3-- 2 parking spaces apt#4---1 parking space apt#5-- 1 parking space apt#6-- 2 parking spaces apt#7-- 2 parking spaces

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R5C

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished

Interior

Interior Features Sprinkler System

Hot Water Electric

Heating Gas, Heat Pump - Electric BackUp, Hot Water

Cooling Central A/C, Wall Unit

Flooring Fully Carpeted

Fireplace N

Heat Source Natural Gas

Laundry Washer In Unit, Dryer In Unit

Exterior

Garage Spaces 12.0

Water Access N

Roof Type Pitched

Accessibility None

Total Parking Spaces 12

Garage Y

Building

Sewer Public Sewer

Water Public

Architectural Style Other

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-021.30-001

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by Richard H Harris • BHHS Fox & Roach-Greenville
Bought with Robert Harrison • Harrison Properties, Ltd.
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