Room List: Living Room, Bedroom-Master, Bedroom-Second, Kitchen
Stories: Lower 1, Main, Upper 1
Mixed-Use building in Delaware City, De, Across from ferry launch, Building built in 2001, Upstairs is 2BR apartment with balcony that overlooks river, Washer/dryer in unit, central AC, Downstairs is retail space with bathroom, office space and handicap ramp in the rear, Great views from upstairs balcony, Upstairs current rent = $915/month, Downstairs recently rented for $775/month, Total yearly gross rent (when 1st floor rented) = $20, 280, Total yearly expenses (includes sewer/water/trash/taxes/flood ins, etc) = $5, 100, Net Income = $15, 180, Results in 7.6% Cap Rate, Income/Expense Sheet to be provided to serious Buyers, Roof, dishwasher and upstairs toilet replaced in 2015, Live in upstairs apartment and rent or operate business on 1st floor
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Data last updated: 03/30/2017.
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