818 W 9th Street Wilmington, DE 19801 Reduced @ $42,550 offering well over $150K+ in equity potential.5-6 Bed / 2 bath / 2158 Sq Ft Living space / 1742 Lot / Built 1875 - TWIN - SEMI DETACHEDThis is a Great Twin Fix and Flip or buy fix and hold in need of total renovation development with great upside equity potential offering well over $150K in equity potential. This is a true. Diamond in the rough - opportunity for the right investor / rehabber / landlord. This house boast of great upside potential in design and location, equity and rental income. Being in the historic district of New Castle in the Cool Spring area of Wilmington area. C818 W. 9th St. Wilmington DE 19801 - Cool Spring section in New Castle County/ Wilmington DE. Near I95 for quick access to I95 and travel in and out of the city.This is 3 story 5-6 bed/ 2 bath home with full living room, dinning room, eat in kitchen with rear shed. Full unfinished basement with 7 foot high ceiling in basement. In the house 12 foot High ceilings. Could be converted into Duplex for great return on investment and long term holding.Property is in need of full rehab take our photo tour and decide.ARV for the property is estimated @ $185K - $225K if fully rehabbed. Area Comps:1311 W 9th St $216,000 08/27/2013 5 2.0 2,100 2,178 1911 $102 0.38906 N Broom St $214,900 07/24/2013 5 2.5 3,250 3,920 1913 $66 0.411202 W 9th St $246,000 05/23/2014 3 3.0 1,748 1,742 1924 $140 0.28825 N Van Buren St $186,250 11/05/2013 2 2.0 1,680 2,614 1860 $110 0.201100 W 8th St $219,900 12/16/2013 3 3.0 2,400 1,742 1890 $91 0.251017 N Monroe St $208,000 12/31/2013 4 3.0 1,525 871 1880 $136 0.131007 Trenton Pl $173,000 06/02/2014 3 1.5 1,700 1,306 1882 $101 0.10 Rentometer.com 36 5-bedroom rentals ...in a 1.05 mile radius. Median rent: $1200 Average rent: $1292 20th / 80th percentile: $1095 / $1450 10th / 90th percentile: $1050 / $1700Property being sold in "as is" "where is" and "how is" conditionAs An All Cash PurchaseFor walk through and or offer package visit us online Flipthathousephiladelphia(dot)com. See the How it works page for offer package download or Call Devin @ 267-225-3176.
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