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Key Details
Sold Price $463,250
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DENC2037500
Sold Date 03/30/23
Style Dwelling with Rental
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $1,913
Tax Year 2022
Lot Size 6,970 Sqft
Acres 0.16
Lot Dimensions 42.30 x 161.50
Property Description
This is not your typical Quadplex property. This building & the 4 separate units have been meticulously maintained by the current owner. 3 of the units have long term tenant with non issues. The largest 2 bedroom unit (1) on the main floor is the homeowners residence, and could be leased for $1,200 -$1,500. As you can see from the pictures this unit features a large eat in kitchen, with granite counters & ss appliances pantry & access to the office space. Nice flow & updates including tray ceiling, dimmers, recessed lights, updated bathroom with granite counters separate wc. Primary bedroom is a mirror image on both sides with 2 doors, 2 walk-in closets, switches, vents & lighting, so that if you want to divide this bedroom into 2 it would be simple. Then you would have a 3 bedroom unit & possibly command a higher rent. Laundry for this unit is on the lower level. The laundry room has access to the exterior of the building & houses the separate water tanks & electrical panels for each unit. Each unit also has their own electric meter & gas meter. The smaller 2 bedroom unit (2) on the lower level is compact, but has an open feel with the kitchen & living space flowing seamlessly. The second floor has 2, 1 bedroom units (3 &4) that are identical, both have their own stackable washer & dryers & ac/heating. All the units have their own entrance door & exit to the exterior of the property. The rear of the property offers patio area with awning & plenty of parking 5+ cars & an oversized double garage, that could also be an income source. All accessed from the driveway at the side of the property, which has recently been redone including painting of the exterior & all the concrete work. This property has so many options & great that you already have tenants in place. The new owner could live in one unit & collect the income on the other 3 units or rent it out to increase your return. The seller is willing to leave the unit (1) furnished minus a couple of pieces & personnel items, There are even options to rent the garage out if you choose. This multi-unit building is an opportunity not to miss, a quality property like this does not come around often. An open house will be scheduled soon, so you can see for yourself what a great investment this would be. Please note there are 2 Rodmans. Make sure you have 7 Rodman Road 19805 in your GPS .
Location
State DE
County New Castle
Area Elsmere/Newport/Pike Creek (30903)
Zoning 19R1
Rooms
Basement Outside Entrance, Fully Finished
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Garage - Rear Entry, Oversized
Garage Spaces 7.0
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 7
Garage Y
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Baltz
Middle Schools Alexis I.Dupont
High Schools Mckean
School District Red Clay Consolidated
Others
Tax ID 19-005.00-188
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, FHA, Cash
Listing Terms Conventional, FHA, Cash
Financing Conventional,FHA,Cash
Special Listing Condition Standard
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Bought with Jeff P Derp • Long & Foster Real Estate, Inc.
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Eric Clash
Agent & Founder of Clash Home Team | License ID: 535187
Agent & Founder of Clash Home Team License ID: 535187