$349,000

706 N. WASHINGTON STREET, Wilmington, DE 19801

  • 1,500 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1899
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $233/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Nice updated triplex close to business, nightlife and restaurants. Updated, fully leased 3 unit building. Two 2 bedroom units and one efficiency. Property in very good condition. Tenant pays all utilities including electric, heat and hot water. Owner pays sewer and water. Total gross cash flow is approximately $39,000 year. Estimated CAP rate is 10%. Very nice building and easy to rent, Would be a wonderful addition to any portfolio.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 6:16AM
Listing Office:
Compass : 3022029855
Listing Agent:
Richard Oberly : 3027433810
MLS ID:
DENC2095352
  • A/C: None
  • Heating: Baseboard - ElectricElectric
  • Disability Feature: None
  • General: Above Grade
  • Style: Colonial
  • General: BrickStone
  • Originating MLS: BRIGHT_MAIN
  • School District: CHRISTINA
  • County: NEW CASTLE-DE
  • Zoning: 26R5-B26-035.10-374
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Tenant personal property

This listing courtesy of Richard Oberly , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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