Buy this home with little to NO money down. This beautifully renovated multi-family home qualifies for multiple grants and subsidy programs that can exceed $10,000 in free money and closing assistance. Become a homeowner and live rent free. Ask about the subsidy grants, forgivable down payment assistance , 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!
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.
Multi-Family Property that produces a great income with four rentable units located near the Triangle area in the City of Wilmington! This well maintained building is situated on a wide quiet street with parking on both sides of the road for the tenants and is located in a convenient spot near I-95. With the inviting front porch and historic charm this building has great curb appeal. Entering the property through the main door there is a vestibule for mail and then a secure door to enter the building. Unit 1 features two bedrooms with a spacious kitchen which is large enough for a table and includes a large pantry, gas cooking, and a newer LVP floor. There is also a separate living room, full bath, and a large hallway closet. There is a bonus room off the back of one of the bedrooms that can used in many ways. Units 2 and 3 are located on the second floor and unit 4 is located on the third floor. All three of these units are currently occupied and will be income producing right from the start! This property is equipped with separated gas meters, water heaters, electric panels, and heaters making it extra appealing for an investor renting the units. With adding a tenant to the unit 1 this property would bring in a total income of close to $5,000 a month! Having the first floor unit vacant allows for an owner occupant investor as well. Schedule your showing today so you don’t miss out on this great investment opportunity!
Multi-Family MLS# - DENC2072772 5 Unit detached Residential property with 2 car attached garage. All units are occupied. Rear fenced courtyard. Large basement with exterior entrance. Three 1 bedroom units, and two 3 bedroom units. Owner pays water/ hot water, trash and sewer. Tenants pay all utilities. Property being sold "AS-IS" Seller offering $5000.00 credit with acceptable offer. Please provide proof of fund or renovation loan pre-approval. Closing Attorney to hold Ernest deposit. Unit showings limited to Saturdays between 11.00 am and 12.00 pm
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.
5 Unit income producing property! This multi unit building has been well cared for and updated by the owner. 3 one bedroom units and 2 efficiency units. All legal units with the city a true 5 unit building. Currant income is over $60,000 gross.
Great investment opportunity! Two , 2 bedroom units fully rented.
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!
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.
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!
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.
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!
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.
The median home value in Wilmington, DE is $325,000. This is higher 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 $325,000. 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 has a population of 70,926. Wilmington is less family-centric than the surrounding county with 16.24% 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 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 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.