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706 N. Washington Street

WILMINGTON, DE 19801
  • $349,000
  • STATUS: Active
  • ON SITE: 125 Days
  • ID#: DENC2095352
Price Reduced
UPDATED: 80 min ago
$349,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,500
    SQFT
  • $233
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1899
County:

School Ratings & Info

School District:

Description

Nice updated triplex close to business, nightlife and restaurants. Updated, fully leased 3 unit building. Two 2 bedroom units and one efficiency. Property in very good condition. Tenant pays all utilities including electric, heat and hot water. Owner pays sewer and water. Total gross cash flow is approximately $39,000 year. Estimated CAP rate is 10%. Very nice building and easy to rent, Would be a wonderful addition to any portfolio.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jennifer Ciorrocco | Coastal Life Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-05-18T19:53:15.147.
www.ocmd4sale.com/homes/172052900
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706 N. Washington Street WILMINGTON, DE 19801

  • Price: $349,000
  • Status: Active
  • On Site: 125 Days
  • Updated: 80 min ago
  • ID#: DENC2095352
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1,500
SQFT
$233
$/SQFT
1899
Built
Neighborhood:
Wilmington (30906)
County:
New Castle
Area:
Wilmington (30906)
School District:
Christina
Property Description
Nice updated triplex close to business, nightlife and restaurants. Updated, fully leased 3 unit building. Two 2 bedroom units and one efficiency. Property in very good condition. Tenant pays all utilities including electric, heat and hot water. Owner pays sewer and water. Total gross cash flow is approximately $39,000 year. Estimated CAP rate is 10%. Very nice building and easy to rent, Would be a wonderful addition to any portfolio.
Exterior Features

Architectural Style Colonial Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Property Condition Good Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1500 Cooling None Exclusions Tenant personal property Heating Baseboard - Electric Heating YN Yes Inclusions 3 Refrigerators3 stoves3 microwave ovens Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel Bottled Gas Foundation Details Stone Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Original MLSNumber 804421764042 Ownership Interest Fee Simple Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 2035.00 Vacation Rental YN No Water Source Public Zoning 26R5-B

Listing courtesy of Compass: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jennifer Ciorrocco | Coastal Life Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-05-18T19:53:15.147.
 
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Jennifer Ciorrocco | Coastal Life Realty Group
7408 Coastal Highway
Ocean City MD, 21842