112 E 4th Street, Historic New Castle, DE 19720

Description

Built in 1996, this duplex is one of the newest in Historic New Castle and yet beautifully reflects the area’s Federal architectural style. For all investors or owner-occupants making a savvy entrance into homeownership, this is a unique and seldomly available opportunity. The stand-alone home is comprised of two, two-bedrooms. Unit A: an open living, dining, kitchen plan with a peninsula. Occupying the entire first floor, this layout already displays a contemporary design. Follow the hallway down to an oversized mudroom with a separate entrance and in apartment laundry. This 2BR/1BA comes with a large bathroom including a tub, shower stall and long vanity with double sink capability. Take advantage of the renovation potential for real-time upside. Unit B: A multi-level layout stretches over floors two and three. Recently renovated, this 2BR/2BA lends plank flooring, higher end stone and upgraded vanity and tilework. Purposely placed fixtures brighten up your space. Separate systems and central air bring this multi-family additional value. Nestled on a quiet street, one block away from Delaware Street, enjoy the proximity to Zollies Jazz Cucina, Oaxaca, Jessops and all the shops, museums and parks Old New Castle have to offer. The annual revenue is currently $36,000 with up-to-market projection exceeding $40,000.