Sold

612 Homestead Road, Wilmington, DE 19805

Beds
4
Sqft
1,575
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byLong & Foster Real Estate, Inc.
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Overview

Turnkey Duplex – Cash Flow from Day One!

Welcome to 612 Homestead Road, a rare and desirable multi-family investment opportunity featuring two well-maintained 2-bedroom, 1-bath units, both currently occupied with stable tenants. This property offers a solid foundation of monthly income with room for growth. There’s opportunity to increase cash flow over time, making this a smart buy-and-hold investment.

Recent updates include high-efficiency HVAC systems and water heaters, with one unit just replaced keeping long-term maintenance costs down. The lower level offers an excellent opportunity to install coin-operated laundry machines, creating an additional income stream and increasing your return on investment.

Whether you’re an experienced investor or just entering the market, this property checks all the boxes: strong rental income, low maintenance, and upside potential.

Opportunities like this don’t come up often so schedule your private tour today and start building wealth with 612 Homestead Road.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Square feet
1,575
Lot size (acres)
0.07
Year built
1965

Garage and parking

Garage parking spaces
1

Utilities

Heating
Natural gas, Forced air
Cooling
None, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2021)
$1,398

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: DENC2085560 Last checked:

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