Wilmington DE Multi Family for Sale

ADDITIONAL INFORMATION

Two side by side triplexes 307 and 309 W 6th Street in Downtown Wilmington sold together as a package totaling 6 income producing units. These two properties are located in an Opportunity Zone with long-term tenants, subsidized rent and potential for added value with increased rents. Recent improvements have been made to the systems, roof and the interior of the units. The two buildings share a common alley to a shared backyard for easy maintenance and care. A rare find in today's competitive investor market.

ADDITIONAL INFORMATION

Investor Alert. This three-story, brick triplex is fully occupied and has been well maintained by the current owner since 1991. Located in the Cool Springs neighborhood with easy access to I-95, this mutli-family dwelling offers a unique opportunity for a savvy real estate investor. There have been recent upgrades to the systems as well as cosmetic improvements in recent years. Earn state income with tenants in place in an established Wilmington community.

ADDITIONAL INFORMATION

Prime investment opportunity! This duplex features two 2-bedroom unitsâone currently rented, providing immediate income, and one vacant, ready for your next tenant or updates. Ideal for investors looking to maximize rental potential in a convenient location. Donât miss outâschedule your showing today!

ADDITIONAL INFORMATION

Great investment opportunity! Two , 2 bedroom units fully rented.

ADDITIONAL INFORMATION

Multi-family property with three large units located in the City of Wilmington right across the street from the Quaker Hill Meeting House in the Quaker Hill area. This historic well maintained property is in a great location with public street parking across the street and excellent curb appeal all around. These units are all approximately 1100-1200 sqft with separated central air/heat pump units, separate water heaters, and separate electric meters for each unit. Each unit is a similar layout to the third floor unit featured in the photos. The first floor and second floor units are currently occupied by tenants. The third floor unit is vacant and available for immediate rent or for an owner occupant to occupy and collect rent on the other two units. The third floor unit has been updated with new carpet, new LVP flooring, and fresh paint all in 2024. Other recent updates include a new roof in 2022, new full HVAC replacement in the third floor unit in 2021, and a new outdoor HVAC unit for the first floor unit. With market rent for each unit around $1350+ a month this property could bring in over $4,000 a month with all three units rented at current market rents. Schedule a showing today to see the possibilities this property has to offer for an owner occupant investor or an investor looking to add to their portfolio!

ADDITIONAL INFORMATION

Great opportunity to grow your rental portfolio with this 3-unit multi family. Building offers a single three-bedroom unit(Apt C) which is ready for an occupant as it offers fresh paint, new carpet and new front door. Apt B offers 2 bedroom and 1 bath. With some TLC and elbow grease apartment B will be ready for a new occupant. Apt A is currently occupied and offers 2 bedrooms and 1 bath. All units have separate meters for heat and electric which are paid by the tenants. Owner is responsible for water and sewer.

ADDITIONAL INFORMATION

Great investment Duplex to add to your investment portfolio or live in one unit and have the tenant pay your mortgage. Second floor unit is freshly painted, both units have seperate utilities, each had a garage parking space, along with there is a general washer / dryer area for the tenants. Landlord pays for water and sewer. Down stairs tenant has been there for 15 years, upstair unit is ready to rent. Each to view call for your private tour today !!!!

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

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

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

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 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. Solid investment in a good area, nice properties to add to your investment portfolio. Seller is related to a Delaware Realtor, 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. Units are now vacant, freshly painted, currently installing new counter tops and then carpeting them. Tenants pay for utilities, electric and heat, owner pays water and sewer. Owner is related to a Delaware Realtor. Call to view property.

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!