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$210,000
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Property Description
Investor Alert! 1,500 sf renovated building with first floor daycare and a second floor apartment with separate entrance. The one bedroom apartment has a larger kitchen and an additional room that can provide a second bedroom, small office or storage area. The tenant has just renewed for another full year. The first floor has an entrance, three separate offices/work areas, kitchen and a lower level. Small enclosed yard. First floor is leased to a Daycare that just signed another full year lease. This property has long term tenants with great cash flow to add to your portfolio with a 12% cap rate.
Full Property Details
Full Property Details for 202 N Union St
General
- Sold For: $210,000
- Taxes: $1,919 (2022)
- Status: Closed
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: DENC2048718
- Added to Site: 941 day(s) ago
Business
- Business Type: Day Care Facility, Apartment Building
Parking
- Parking Type: On Street
Location
- Area: Wilmington (30906)
- County: New Castle
- Development Name: Hedgeville
- Subdivision: Hedgeville
- Driving Directions: GPS
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Stucco
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 2
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,307
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 90.00
- Zoning: 26C-2
Financial Considerations
- Price Per Sq. Ft.: $143.33
- Assessment Year: 2022
- School Tax: $1,036
- City/TownTax: $777
- City/TownTax Freq: Annually
- County Tax: $106
- County Tax Freq: Annually
- Tax w/Assessment: $41,900
- Tax Amount: $1,919
- Tax Year: 2022
- Owner Pays: Management, Sewer, Water, Taxes - Real Estate
- Landlord Pays: Management, Sewer, Water, Taxes - Real Estate
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 96
Listed by EXP Realty, LLC, Heather Sinclair
Sold by Compass, Robert A Blackhurst
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Schools
Schools serving 202 N Union St
School District:Red Clay Consolidated School District
| Name | Grades | Distance |
|---|---|---|
Warner Elementary School 801 West 18th Street, Wilmington, DE 19802 | K-5 | 1.5 mi |
duPont (H.B.) Middle School 735 Meeting House Road, Hockessin, DE 19707 | 6-8 | 7.2 mi |
duPont (Alexis I.) High School 50 Hillside Road, Wilmington, DE 19807 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 202 N Union St
Date
Details
Price
Change
Source
11/24/2023
Sold
$210,000
-2.33%
MLS
10/09/2023
Price Increased
$215,000
4.88%
MLS
9/05/2023
Listed
$205,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
202 N Union Street, Wilmington, DE 19805 (MLS# DENC2048718) is a Apartment property that was sold at $210,000 on November 24, 2023. Want to learn more about 202 N Union Street? Do you have questions about finding other Apartment real estate for sale in Ninth Ward? You can browse all Ninth Ward real estate or contact a Coldwell Banker agent to request more information.

