Investor Alert!!! Great Opportunity to own a Multi Unit Building close to Wilmington's Riverfront! Extra Large building with endless possibilities! You have to see it for yourself. Owners have completed the demolition and it is ready to be renovated! This is a big time money maker. Do not miss out on this opportunity. Book your showing now.
Welcome to 120 North Lincoln Street, a two unit apartment building. This is your chance to have someone else pay your mortgage, live in the first floor and rent the second floor. Also great for an investor to add to their portfolio or the new investor looking to start their portfolio with great cash flow. Both units have separate electric, separate heat and hot water. Walk into the first floor unit with an open concept. The living room boasts laminate floors with a nicely designed kitchen that has recently been renovated. The breakfast bar is the perfect spot for morning coffee for you or your new tenant. The bedroom has new carpeting and the bathroom has new flooring as well. There is direct access to the back yard which is fenced in for privacy. The second floor unit is currently occupied with a tenant that has been there for several years and would like to stay. The second floor unit has a newer heater in the unit as well as central air conditioning. It is a one bedroom apartment with an eat in kitchen. The bedroom is a nice sized room off of the generously sized living room. The building has lots of upgrades including some new windows, newer heaters, newer water heater. The first floor unit is currently not occupied, making it easy for you to place your new tenant at market rent or move in and let the second floor unit pay your mortgage. The exterior of the building has recently been painted and looks great. This is a great location close to shops, restaurants and parks.
Excellent Investment Opportunity. A 2-story duplex on a large corner lot with Commercial zoning and direct Kirkwood Highway frontage. The first-floor apartment offers one bedroom, a fully remodeled bathroom, a living room, a kitchen, and laundry access in the full basement - this unit is in excellent condition. The 2nd-floor unit offers two bedrooms, a living area, and a kitchen. Both units have private entrances and separate utilities. Tenants are long-term and would prefer to stay but are currently month-to-month. With the excellent location that offers high traffic exposure, a large corner lot, and ample off-street parking, this property in the heart of Elsmere offers many possibilities. Buyers are encouraged to conduct thorough due diligence and inquire about any specifications necessary for their envisioned uses.
Great investment opportunity! Two , 2 bedroom units fully rented.
A rare opportunity to own a turnkey cash-flowing duplex in the Hedgeville neighborhood of Wilmington. You will notice the elegant and timeless architecture throughout this neighborhood. The property is located only minutes away from the ramp to I-95, Amtrack Station, and all major attractions in the city of Wilmington. This duplex has been completely renovated. The first floor consists of 1 Bed/1 Bath and 2nd Floor is made up of 3 Bed/1 Bath. Both units are tenant-occupied. This property is ready for an investor to come in and start cash flowing immediately.
The median home value in Wilmington, DE is $273,100. This is lower than the county median home value of $311,200. The national median home value is $338,100. The average price of homes sold in Wilmington, DE is $273,100. Approximately 38.44% of Wilmington homes are owned, compared to 49.53% rented, while 12.03% are vacant. Wilmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wilmington real estate agent to arrange a tour today!
Wilmington, Delaware 19805 has a population of 70,926. Wilmington 19805 is less family-centric than the surrounding county with 24.24% of the households containing married families with children. The county average for households married with children is 27.86%.
The median household income in Wilmington, Delaware 19805 is $49,354. The median household income for the surrounding county is $78,428 compared to the national median of $69,021. The median age of people living in Wilmington 19805 is 36.3 years.
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 25.2 degrees. The average rainfall is approximately 44.7 inches per year, with 13 inches of snow per year.