11146 Willow Grove Rd, Camden Wyoming, DELAWARE 19901

$250,000

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$250,000

Multifamily
Active
Built in 107
MLS # 7183536

11146 Willow Grove Rd

Camden Wyoming, DELAWARE 19901

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

  • County: Kent
  • Community: None Available
  • Garage: NoGarage
  • School District: Caesar Rodney
  • Floors: ConvDwlg
  • Virtual Tour: http://mls.homejab.com/property/11146-willow-grove-rd-camden-wyoming-de-19934-usa

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

  • County: Kent
  • Community: None Available
  • Garage: NoGarage
  • School District: Caesar Rodney
  • Floors: ConvDwlg
  • Virtual Tour: http://mls.homejab.com/property/11146-willow-grove-rd-camden-wyoming-de-19934-usa

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