5 Winston Ave - Apartments FOR SALE


Wilmington, DE 19804
$1,200,000 USD
302-994-9600
5 Winston Ave, Wilmington, DE for Sale
$1,200,000 USD
Apartments - FOR SALE
1/5
null | 7.4% Cap Rate

5 Winston Ave
Wilmington, DE 19804


HIGHLIGHTS

  • 30 year solid cash flow property
  • 8 units with separate utilities
  • Long term good credit tenants

OVERVIEW

Conveniently located just outside the city of Wilmington on public transportation, this apartment building is a steady cash flow property to add to your real estate portfolio. Current owner has managed this building for over 30 years. You have eight one bedroom apartment with separate utilities, off street parking for each unit, washer and dryer area for convenience and extra income and three of the units have recently been updated in the last 18 months. Tenants have been selectively screened, no late payment issues. If you are looking for a great property that is next to Richardson Park just outside the city, this is the one. Easy to view, call for your private tour today !!!!!

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$245 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

7.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

07-043.10-330

ASK ABOUT THIS PROPERTY

Peter MeyerMeyer & Meyer RealtyMore Info
302-994-9600

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Peter MeyerMeyer & Meyer RealtyMore Info
302-994-9600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.