724 N Madison St
Listing Notes
This a renovated three story investment property, previously used as housing for a non profit, it's a perfect addition to an investor's rental portfolio. There are 8 rooms equating to 1700 sq ft, including 2 kitchens and 2 full bathrooms. Updated systems include gas boiler, two newer gas hot water heaters and newer panel boxes. There are currently 2 Delmarva meters and 2 separate Delmarva accounts. The first unit is situated on the ground floor and has a 1 bedroom, living room area, kitchen and bathroom, while the second unit comprises of the second and third floor area and has 3 bedrooms, living room area, kitchen and bathroom. Seller does not warrant or guarantee usage or zoning, buyer is responsible for confirming zoning, building use and required City of Wilmington permits. Property to be sold in as-is condition. The City has already inspected and approved the property for rental.
Price in context
Cheaper than 58% of the 24 homes listed nearby right now, which run $99,000 to $260,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 622 W 7th St | $99,000 | 4 bd · 2 ba |
| 721 7th St | $99,000 | 4 bd · 2 ba |
| 616 W 7th St | $120,000 | 3 bd · 1 ba |
| 514 W 7th St | $129,900 | 3 bd · 2 ba |
| 830 N Madison St | $129,990 | 4 bd · 2 ba |
| 624 W 8th St | $130,000 | 3 bd · 1 ba |
| 720 N Madison St | $143,000 | 3 bd · 2.5 ba |
| 853 N Madison St | $165,000 | 3 bd · 1.5 ba |
| Unknown | $169,900 | 2 bd · 2 ba |
| 828 N Madison St | $175,000 | 3 bd · 2 ba |
| 715 W 7th St | $188,900 | 3 bd · 1.5 ba |
| 814 N Monroe St | $199,000 | 3 bd · 2.5 ba |
| 617 W 9th St | $210,000 | — |
| 841 N Madison St | $219,900 | 5 bd · 2 ba |
| 817 N Madison St | $225,000 | 3 bd |
| 628 W 9th St | $228,000 | 3 bd · 2 ba |
| 618 W 7th St | $230,000 | 3 bd · 2.5 ba |
| 848 N Madison St | $235,000 | 3 bd · 2 ba |
| 819 N Monroe St | $235,000 | 4 bd · 3 ba |
| 601 W 8th St | $239,900 | 4 bd · 2.5 ba |
| 603 W 8th St | $239,900 | 4 bd · 2.5 ba |
| 831 N Monroe St | $240,000 | 4 bd · 2.5 ba |
| 802 N Madison St | $254,900 | 3 bd · 2 ba |
| 816 N Monroe St | $260,000 | 3 bd · 2 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more