Wilmington DE Multi Family for Sale

ADDITIONAL INFORMATION

Duplex available for Sale. Live-in the 1st floor and collect rent from the 2nd floor. Please do not approach the tenants. Second floor rented for $1500.00. Easy access to everything. Owner is an investor and has never lived in the property and makes no warranties.

ADDITIONAL INFORMATION

Two unit property with 2 bedrooms and 1 bath per unit. The second level apartment has a lease is in place until 8/31/25 at $1,250/month. The first floor apartment is rented month to month at $925/month. The units have separate water heaters, heaters and electricity. Owner pays for water, sewer and lawncare. Hardwood floors flow throughout the Living Rooms and Bedrooms in both apartments. Both bathrooms have been updated with newer vanities and flooring. The Kitchens have LPV flooring with updated cabinets and countertops. Home to be sold as-is. Showings begin 9/26 but you can schedule your showing today! 60 hours notice during the week, more advanced notice will be needed for requests received on Fridays and the Weekends.

ADDITIONAL INFORMATION

Great End Unit Duplex in Elsmere. Move-in Ready 1st floor unit is 2 Bedrooms 1 Bath and recently renovated with Updated Kitchen, Brand new Bath, and new vinyl Flooring. Plus full basement with possible playroom, along with separate Laundry area and Bilco door egress. 2nd Floor is Occupied with long-term Tenant paying $1120 per month plus utilities. Live in one and rent the other! Renovated unit should rent for about $1400. Excellent "Cap Rate" potential for +/- 10%. Don't miss this Excellent Investment Opportunity in Today's Market!!

ADDITIONAL INFORMATION

Welcome to the Northeast side of the City of Wilmington! A classic community filled with turn of the century brick homes intermingled with new construction on surrounding blocks. Close to places of worship, educational facilities, local highways, and proximity to downtown create a fantastic urban living experience. This duplex row home is ready for its next custodian. Two units consisting of 2 bedrooms each make this a desirable property for investors seeking to maximize their portfolio and rental income. Main floor unit is currently occupied while second floor unit is ready for a new tenant. Open and airy front porch welcomes you and leads to common area hallway with each entrance to the respective units. Main floor with access to the basement and rear yard via door from kitchen. Second floor has steps from kitchen door that lead to rear yard as well. Separate gas, electric, and heat mean minimal expenditures for the landlord, as well as affordable monthly utility bills for tenants. Excellent opportunity to add to your existing portfolio or start one and utilize this as the cornerstone!

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

Welcome to this regularly maintained duplex, offering a perfect blend of modern amenities and classic charm in the heart of Wilmington. No matter if you are an aspiring investor looking to break into real estate investing or if you are experienced and looking to expand your existing portfolio, this income producing property has it all! To add to that, this property is within close proximity to the Riverfront, downtown, local shops and restaurants. Each unit has it's own separate utilities (e.g. hot water heaters & electric meters). Both units are currently tenant occupied. 24hr Notice required for all showings. Book yours today!

ADDITIONAL INFORMATION

Calling all business owners & investors. Here is your opportunity to seize the chance to own a unique property with two apartments and a large commercial building. Situated just outside the city limits, this opportunity is ideal for investors and entrepreneurs ready to make their mark in real estate. With endless income possibilities, this property is a dream for those with ambition. The property features a new roof installed 2024, large parking area, zoned CR. This versatile building can accommodate just about any business you can think of. Don't miss out - schedule a showing today!

ADDITIONAL INFORMATION

Buy this home with little to NO money down. This beautifully renovated home qualifies for multiple grants and subsidy programs (free money). Become a homeowner and live rent free! Ask about the subsidy grants through WSFS, forgivable down payment assistance through Pike Creek Mtg, and the City of Wilmington First Start Program. Quality describes this remodeled duplex home located in the City of Wilmington. Both units are identical to each other! The main living area features a wide open living room with luxury plank flooring, recessed lighting and fresh paint. This space opens up into the open concept dining area with plenty of room to dine and entertain. The gorgeous brand new kitchen boasts stunning quartz countertops, modern white shaker cabinets, custom backsplash, and a brand new stainless steel stove, microwave and dishwasher. Two large bedrooms are down the hall from the living room with plenty of closet space. The full bathroom features tile flooring, contemporary vanity, and a full sized shower. Conveniently located close to downtown Wilmington, the Riverfront, popular breweries and restaurants, Rt 202, I-95, nightlife, shopping and more! Move right in feeling at ease with all of the major components of the home being updated!

ADDITIONAL INFORMATION

Large thriplex, each floor is a large 2 bedroom apartment with seperate utilities, first and second floor units have just been updated. Vacant should rent for $1200, third floor unit is rented. Easy to view, add this rental propety to your portfolio today !!!!!

ADDITIONAL INFORMATION

Welcome to an unparalleled investment opportunity on a major thoroughfare in the City of Wilmington, featuring two side-by-side buildings with immense potential. Building 1 houses an actively licensed liquor store on the ground level, with a 3-bedroom, 1-bathroom apartment above. The included liquor license likely provides market exclusivity within a half-mile radius, offering a stable income stream and deterring competition. Building 2 is comprised of three units: an unfinished commercial space and an efficiency unit on the first floor, with a 3-bed, 1-bath unit on the second floor. Both buildings require significant rehabilitation, making them perfect for a savvy investor looking to add value. Located in a prime urban setting, these properties offer diverse rental and commercial opportunities, enhanced by Wilmington's ongoing development. Don't miss this rare chance to secure a key piece of Wilmington's real estate market and capitalize on its growth potential. Schedule your tour today! Both Parcels - 26-022.20-440 & 26-022.20-439 are included in the sale.

ADDITIONAL INFORMATION

Welcome to Corbin Gardens! A quaint and quiet apartment community located on the West edge of the City of Wilmington, bumping up against the Greenville community and beyond. Flanked by the professionally maintained West Court Apartments and the Charter School of Wilmington/Cab Calloway School of the Arts, this location has been a long time, stable multi-family area. This all brick, end of row structure is comprised of a common hallway that accesses each unit on their own level, a basement with exterior egress to the rear grassy knoll, and two, 1 bedroom units featuring 1 full bathroom. Enter into a main living room which opens to a dining area, which then leads to a kitchen. Hallway provides access to a full bathroom and sleeping chambers. Plenty of storage elements are present in this area of the floor plan. Separate electric, hot water, and HVAC means minimal operator expenditures. Long term tenant on main level provides instant stability, while vacant second level provides value add opportunity. Perfect for aspiring investor to purchase a two for one initial acquisition, and make this a cornerstone of your future investment portfolio, or for seasoned operator to add to their existing. Could also be an excellent opportunity for an end user to purchase, move into one, and use the other as mortgage subsidy. Options for all prospective purchasers, don't let this opportunity sneak past!

ADDITIONAL INFORMATION

Welcome to the Eastside in the City of Wilmington! A community ripe with charm and character from yesteryear coupled with new and exciting modern construction projects underway on most every block! Conveniently located to the Central Business District of Wilmington, the nightlife on N. Market St., and the Riverfront in all its glory! This Eastside duplex is ready to be the perfect addition to an investors portfolio, or the cornerstone of a new one. End of row, masonry wrapped in stucco, boasting two, 2 bedroom units each. All separate systems to include heat, hot water, and electric for ease of management. Separate entrances for convenience of your tenants as well as a fenced in rear yard for friendly gatherings. First floor unit is vacant and ready to place an occupant, second floor unit is occupied so you have stability while you place the first floor into operation. Nothing to do but place a for rent sign and collect rent for an immediate cash flowing operation!

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Both two bedroom units have been renovated, new kitchens, paint, flooring and hvac systems with central a/c units. Second floor is rented for $1200, just finished first floor, projected rent is $1400. Sale must coincide with the sale of 202 West 35th, buyers are encouraged to purchase both sides of the twin. Solid investment in a good area, nice properties to add to your investment portfolio. Seller is related to a Delaware Realtor, Please give 48 hour notice for showings, no surprise visits please. Call to view.

ADDITIONAL INFORMATION

Strong cash flow duplex, each 2 bedrooms with an apartment on each floor. Same tenants for years, steady investment and easy to manage. Tenants pay for utilities, electric and heat, owner pays water and sewer. Please give 48 hour on showings, all showings must be confirmed. Sale must coincide with the sale of 204 West 35th Street, Seller is doing a 1031 tax exchange. Buyer is encouraged to purchase both sides of the twin. Owner is related to a Delaware Realtor. Call to view property.

ADDITIONAL INFORMATION

Welcome to the ultimate turnkey investment opportunity! This fully renovated property boasts a thriving rental income stream, with all units currently occupied at market rate. As you enter, a spacious common hallway invites you to explore three expansive stories of beautifully updated units. Each residence features a stunning kitchen renovation, complete with granite countertops, water-efficient toilets, new flooring, modern vanities and tub surrounds. Additional upgrades include garbage disposals, new appliances, and numerous other thoughtful touches. The main floor unit, currently rented for $1,125/month, offers a spacious living area, oversized kitchen and dining combination, two generously sized bedrooms, and a full bathroom. Enjoy rear yard and basement access, with the added convenience of a partially finished basement and crawl space. The second floor features a cozy studio apartment (currently rented for $1,000/month) and a 1BR apartment (currently rented for $1,075/month), both perfect for tenants seeking comfort and convenience. The third-floor unit, currently rented for $1,154/month, boasts a unique layout with a kitchen entrance leading to a spacious living area, bedroom, and full bathroom. All new electric and plumbing throughout the building has resulted in low maintenance calls. This property also has individual electric and water meters for each unit , further reducing operating costs. New owners can enjoy positive cash flow from day one, making this an unbeatable opportunity to dive into real estate ownership. Don't miss out on this exceptional investment chance!

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

Welcome to the Ninth Ward! A classic and charming community of yesteryear exuding an attention to detail and architectural flare rarely reproduced in todays modern renovation style. What we have here is an epically renovated, mixed use offering with two physical structures on an oversized City lot with proper 26R5-B Zoning. Majestic and elevated stone terrace overlooks the surrounding, commercial corridor with which the subject is sited. Wrap around and covered porch with ceiling fans provides the backdrop as you approach the main entrance. First floor is a commercial space, set up to be a daycare facility, that has approval for 12 individuals. Wainscoting and chair railing wraps the entire space, which features three spacious collaborative elements with cubbies, exposed brick built ins, a massive wall mounted TV, recessed lights, and ceiling fan. Two bathrooms service this level with granite vanities and toddler toilet provisions. Full kitchen with dark maple, soft close, shaker style cabinetry is topped with granite and flanked by a custom backsplash and stainless steel appliance package. Office is located on the rear area and has a TV which displays all cameras for the space. Last room is a staging area with sink that leads to rear, fenced in patio. Second floor provides a spacious, two bedroom apartment. As you enter, you will be greeted by a formal living area with recessed lights and a nook for a decorative element. Two bedrooms with modern closet capacity with custom light fixtures. Full bathroom with tile floor, walls, and shower stall all wrapped in glass enclosure with built ins and soaking tub to relax your stress away. Kitchen with soft close, dark maple, shaker style cabinetry is topped with granite, custom tile backsplash, stainless appliance package and laundry facility. Rear door leads to roof top deck and fire escape. Up the turned staircase to the third floor is another two bedroom apartment. Each bedroom has modern storage capacity and custom hanging light fixtures. Cozy living area to retreat to after a long days work. Kitchen with soft close, dark maple cabinetry in a shaker style with wrap around bar flanked by custom tile backsplash, stainless appliance package and topped off with laundry facilities. Access to private rear deck to relax and pass time. Accessory dwelling unit, detached in the back corner of the property, plays host to a third, two bedroom unit. Main level provides laundry facilities, half bath, kitchen and living space. Second floor is host to two spacious bedrooms and a private deck overlooking the rear patio and driveway area. All mechanicals are brand new to include water line from the street, gas line, meters and connectors, separate electric panels and meters for each unit, separate high efficiency gas fired HVAC units, separate high efficiency tankless hot water heaters for each unit, entire property security system with key pads in each of the three units in the main building, brand new branch wiring for the main building and separate electrical panels, new windows, roof, siding, poured concrete perimeter, as well as vinyl fence around the sides of the lot. Not a single millimeter was left untouched. Currently being used as an AirBnB for the two apartments in the main building, with a month to month tenant in the accessory dwelling. Main floor commercial space is turn key, 12 person daycare. nothing left to do here expect operate the daycare and either keep the AirBnB, or convert to traditional rental scenario. The true definition of a turn key, cash flowing property is being offered for sale, with the highest of fit and finish, leaving no space untouched, and no detail left out. Once the day care is operational, the pro forma is off the charts, and with the AirBnB, the sky can't even be the limit. Minimal maintenance expenditures and low operational costs mean less headache and more money to make! Start working for yourself and never look back!