Mark Levering

Patterson-Schwartz Real Estate

11146 Willow Grove Road, Camden Wyoming, DE 19901
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List Price: $250,000
Subdivision: None Available
# Units:  
Design: Other
Garage: N
Basement: N
Style: Converted Dwelling
Age: 107
MLS: 1001491102
Schedule an Appointment to See this HomeCall me now at 302-672-6005More information

Description:

SIX single family homes with SIX separate addresses on one, retreat-like .87 acre parcel! All for 250,000!!! Current rental income is $36,600 per year! Own property free and clear in less than seven years on the strength of this potentially undervalued rental income alone!! Some of the properties have not seen rent increases in years and may be undervalued/due for a rent increase. Several long-term tenants. Four of the properties are on month-to-month leases at this point, one lease ends in August 2018, one in February 2019. All homes have separate utilities. As all six properties are occupied, the seller asks that prospective buyers drive by to see the property prior to asking for a showing. 48 hours notice required for all showings. An amazing opportunity!

Details:

Type: Other Taxes: $932 Condo Assoc: No
Acreage: 0.82 Pool: No Pool Home Assoc: No
Interior SqFt:   Sch Distr: Caesar Rodney    View School Report
E.School: W.B. Simpson M.School:   H.School:  

Features:

Utilities Baseboard Heating, Electric Heating, Electric, Wall Unit Cooling, Hot Water - Electric, Well Water, On Site Septic, Circuit Breakers, Has Laundry
Garage/Parking None, Shared Driveway
Interior No Basement, Fully Carpeted Flooring, Vinyl Flooring
Exterior Vinyl Siding, Wood Siding

Contact Information
Schedule an Appointment to See this Home Listing Courtesy of:
Keller Williams Realty - Kennett Square
Request more information or call me now at 302-672-6005

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PAYMENT

  • Monthly $1,058.42
  • @ 4.875%
  • 30 year fixed. 20% down
  • Recalculate

Market Trends

  • Camden Wyoming, DE
    Homes for Sale: 67
    Average List Price:
    $310,447
    Homes Sold:* 38
    Median Sold Price*:
    $211,900
    *=last 90 days