7 RODMAN ROAD ELSMERE Home For Sale
Property Details
ELSMERE DE 19805
Property Description
This is not your typical Quadplex property. This building & the 4 seperate units have been meticulously maintained by the current owner. 3 of the units have long term tennant with non issues. The largest 2 bedroom unit (1) on the main floor is the homeowners residence, and could be leased for $1,200 -$1,500. As you can see from the pictures this unit features a large eat in kitchen, with granite counters & ss appliances pantry & access to the office space. Nice flow & updates including tray ceiling, dimmers, recessed lights, updated bathroom with granite counters separate wc. Primary bedroom is a mirror image on both sides with 2 doors, 2 walk-in closets, switches, vents & lighting, so that if you want to divide this bedroom into 2 it would be simple. Then you would have a 3 bedroom unit & possibly command a higher rent. Laundry for this unit is on the lower level. The laundry room has access to the exterior of the building & houses the separate water tanks & electrical panels for each unit. Each unit also has their own electric meter & gas meter. The smaller 2 bedroom unit (2) on the lower level is compact, but has an open feel with the kitchen & living space flowing seamlessly. The second floor has 2, 1 bedroom units (3 &4) that are identical, both have their own stackable washer & dryers & ac/heating. All the units have their own entrance door & exit to the exterior of the property. The rear of the property offers patio area with awning & plenty of parking 5+ cars & an oversized double garage, that could also be an income source. All accessed from the driveway at the side of the property, which has recently been redone including painting of the exterior & all the concrete work. This property has so many options & great that you already have tenants in place. The new owner could live in one unit & collect the income on the other 3 units or rent it out to increase your return. The seller is willing to leave the unit (1) furnished minus a couple of pieces & personnel items, There are even options to rent the garage out if you choose. This multi-unit building is an opportunity not to miss, a quality property like this does not come around often. An open house will be scheduled soon, so you can see for yourself what a great investment this would be.
Contact Information
Equal Housing Opportunity
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