Posted 39 days ago

1905 Lancaster Ave, Wilmington DE 19805

Multi-Family Home
Description provided by Trulia.
Description provided by Realty Trac.
Lots and lots of cash flow available in this 4-unit 'commercially zoned' building located between Union and Lincoln Streets on Lancaster Avenue. Annual income of $22,560 with very low taxes, maintenance and utilities. Tenants pay their own electric. All 4 units are currently occupied and are on month to month leases. There is an opportunity for its new owner(s) to increase the rents if desired. If you are looking for a property that promises a very good return with very reliable tenants in place, this may be just what you are looking for. Take a look around at the competition; then give us a call.

Home facts for 1905 Lancaster Ave

Listing Details

Status For Sale
Listing Type Resale
MLS/Source ID 5616678
Lot size 0.05 acres
Days on Trulia 39
ZIP code 19805
Neighborhood Hilltop
Total views
(as of 12/15/09)
4

Public Records

Street # 1905
Street Lancaster Ave
City Wilmington
ZIP code 19805
Lot Size 0.05 acres
Price History
Date Event Price Source
04/16/2002 Sold $80,000 Public record

Contact info

Eddie Riggin
Broker:
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Additional information about 1905 Lancaster Ave

This property
$175,000
Similar homes for sale
$171,617
Recently sold homes
$175,750
1905 Lancaster Avenue, Wilmington DE
1905 Lancaster Ave, Wilmington DE
$175,000
      
Multi-Family Home
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Average listing price is $171,617
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This home
Listing price: $175,000
 
Compared to similar homes
Avg. listing price: $171,617 +2%
Avg. sales price: $175,750  
Avg. price/sqft: $121  
 
Compared to Hilltop
Avg. listing price: $122,061 +43%
Avg. sales price: $124,700 +40%
Avg. price/sqft: $92  
Comparisons are relative to similar homes on Trulia and are intended as a guide only. Home values are affected by many factors—find out more
Resource Center
This Multi-Family Home located at 1905 Lancaster Ave, Wilmington DE, 19805 is currently for sale and has been listed on Trulia for 39 days. This property is listed by Re/Max of Wilmington for $175,000. The property has a lot size of 2,178 square feet. 1905 Lancaster Ave is in the Hilltop neighborhood in Wilmington and in ZIP Code 19805. The list price of $175,000 is 43% higher than the average list price of $122,061 for Hilltop real estate, 19% higher than the average list price of $147,400 for 19805 real estate, and 32% lower than the average list price of $255,672 for Wilmington, DE real estate. The price for this property is 40% higher than the average sales price of $124,700 for Hilltop, 8% higher than the average sales price of $161,342 for 19805, and 23% lower than the average sales price of $225,932 for Wilmington.
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