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.
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!
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!
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 19801 has a population of 70,926. Wilmington 19801 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 19801 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 19801 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.