6 Ashley Drive, New Castle, DE 19720

$2,450,000
List Price
$2,450,000
Days On Market
58
Status
ACTIVE
MLS#
DENC497448
Lot Size (Acres)
0.04
Year Built
1988
County
New Castle
School District
Colonial

Property Description

The New Castle Townhouse Portfolio offers a terrific opportunity to own 15 cash flowing and stable townhouse rental units, primarily in Wilton and in Wellington Woods, very popular rental markets in New Castle County, DE. The areas are much sought after by renters, investors, as well as individual homeowners. The unit size appeals to renters and the affordability appeals to homeowners. The collection of units boasts a long and very impressive history of high occupancy. Though an often very much overused point, even to the point of cliche-ish...rents are, in fact, below market. Continued favorable financing environment, along with the strength in rental markets, and the desirable unit size, all combine to make this a terrific opportunity indeed. Sale of individual units will be considered, as will interest in any combination of multiple units.

Additional Information

Area
New Castle/Red Lion/Del.City (30904)
Taxes
$1440
School District
Colonial
Heating
Heat Pump(s)
Heating Fuel
Other
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Meyer & Meyer Realty.