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.
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.
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!
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!
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.
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 of any kind.
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.