$99,900

4 Beds   2 Baths   Multi-Family
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W 27th St
Wilmington, DE 19802

Potential Profit

$30,050

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Status: Inactive
Listing ID: 58592605

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Property Information

  • Price: $99,900
  • Bedrooms: 4
  • Bathrooms: 2
  • Total Square Feet: 1,725
  • Lot Size: 0.04 acres
  • Year Built: 1906
  • Source ID: DENC2031266
  • Day(s) On Site: 77
  • Subdivision: WILMINGTON
  • School District: RED CLAY CONSOLIDATED
  • Property Type: Multi Family Dwelling
  •  

Public Records

  • Bedrooms: 4
  • Baths: 2
  • Full Baths: 2
  • Rooms: 7
  • No. of Stories: 2
  • Exterior Wall Type: BRICK
  • Foundation Type: TYPE UNKNOWN
  • Frame Type: WOOD
  • Heating Type: HOT AIR
  • Roof Type: FLAT
  • Land Area Sqft: 1,742
  • Year Built: 1906
  • APN: 26-022.20-345
  • Property Type: Duplex, Triplex, Quadplex
  • Township: WILMINGTON CITY
  • Front Footage: 18
  • Depth Footage: 88
  • Style: DUPLEX
  • Subdivision: WILMINGTON
  •  

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for W 27th St located in Wilmington, DE is $1,241/month. Comparable homes around W 27th St that are rentals have monthly ranges starting as low as $991 per month and as high as $1,490 per month. An owner looking to use this property as an investment could bring a return in the area of $991 - $1,490 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


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Homes On This Street
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W 27th St
Wilmington, DE 19802

4 Beds   2 Baths   Multi-Family

$99,900

Status: Inactive Listing ID: 58592605

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=W-27th-St-Wilmington-DE-19802/58592605_lid

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