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708 N Van Buren Street

WILMINGTON, DE 19805
  • $265,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: DENC2077158
$265,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,725
    SQFT
  • $97
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Are you looking for a turn-key investment property that produces an immediate return on investment? If so, come see this fully occupied brick duplex located in Cool Springs. Rarely available, this building features 2 large apartments with separate entrances. Unit 1 is a bi-level apartment with 2 bedrooms and 2 full bathrooms with direct inside access to the basement and exclusive access to the large backyard. Unit 2 is a modern bi-level apartment with 2 bedrooms and 1.5 bathrooms, an in-unit washer/dryer connection and a NEW deck off of the primary bedroom with an awesome view of downtown Wilmington. The roof was recently replaced (Jan. 2025) and all apartments feature central air conditioning. Each unit has its own HVAC system, hot water heater and is separately metered for electric services. The landlord pays for water/sewer, grounds/lawn care, property taxes and insurance. Please see income and expense sheet for additional information. Producing just under $3,000 a month, this is a solid investment property with good rental history. You dont want to miss this one! Building is being sold in "as is" condition.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-03-14T23:52:11.133.
www.execuhome.com/homes/161217924
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708 N Van Buren Street WILMINGTON, DE 19805

  • Price: $265,000
  • Status: Active
  • On Site: 7 Days
  • ID#: DENC2077158
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,725
SQFT
$97
$/SQFT
1900
Built
Neighborhood:
Wilmington (30906)
County:
New Castle
Area:
Wilmington (30906)
School District:
Red Clay Consolidated
Property Description
Are you looking for a turn-key investment property that produces an immediate return on investment? If so, come see this fully occupied brick duplex located in Cool Springs. Rarely available, this building features 2 large apartments with separate entrances. Unit 1 is a bi-level apartment with 2 bedrooms and 2 full bathrooms with direct inside access to the basement and exclusive access to the large backyard. Unit 2 is a modern bi-level apartment with 2 bedrooms and 1.5 bathrooms, an in-unit washer/dryer connection and a NEW deck off of the primary bedroom with an awesome view of downtown Wilmington. The roof was recently replaced (Jan. 2025) and all apartments feature central air conditioning. Each unit has its own HVAC system, hot water heater and is separately metered for electric services. The landlord pays for water/sewer, grounds/lawn care, property taxes and insurance. Please see income and expense sheet for additional information. Producing just under $3,000 a month, this is a solid investment property with good rental history. You dont want to miss this one! Building is being sold in "as is" condition.
Exterior Features

Architectural Style Traditional Construction Materials Brick Exterior Features Sidewalks Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2725 Appliances CooktopDishwasherDryerOven - SingleRange HoodRefrigeratorStoveWasherWater Heater Basement UnfinishedFull Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions Tenant's Personal Property Fireplace YN No Heating Forced Air Heating YN Yes Interior Features Combination Dining/LivingCeiling Fan(s)Bathroom - Stall ShowerCarpetEntry Level BedroomKitchen - GalleySkylight(s) Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2 Units Furnished None

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street W. 8th Street Existing Lease Type Long TermMonth to Month Foundation Details Stone Heating Fuel Electric Historic YN Yes Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Original MLSNumber 803677200424 Owner Pays Lawn/Shrub CareSewerTaxes - Real EstateWater Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 576.00 Tax Lot 305 Total Actual Rent 35400.00 Vacation Rental YN No Water Source Public Zoning 26R-3

Listing courtesy of RE/MAX Associates-Wilmington: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-03-14T23:52:11.133.
 
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