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Wilmington,DE 19805
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,725 sqft
Price per Sqft $97
MLS Listing ID DENC2077158
Style Traditional
Abv Grd Liv Area 2,725
Originating Board BRIGHT
Year Built 1900
Available Date 2025-03-10
Annual Tax Amount $576
Tax Year 2024
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions 17.30 x 145.00
Property Sub-Type End of Row/Townhouse
Property Description
Are you looking for a turn-key investment property that produces an immediate return on investment? If so, come see this fully occupied brick duplex located in Cool Springs. Rarely available, this building features 2 large apartments with separate entrances. Unit 1 is a bi-level apartment with 2 bedrooms and 2 full bathrooms with direct inside access to the basement and exclusive access to the large backyard. Unit 2 is a modern bi-level apartment with 2 bedrooms and 1.5 bathrooms, an in-unit washer/dryer connection and a NEW deck off of the primary bedroom with an awesome view of downtown Wilmington. The roof was recently replaced (Jan. 2025) and all apartments feature central air conditioning. Each unit has its own HVAC system, hot water heater and is separately metered for electric services. The landlord pays for water/sewer, grounds/lawn care, property taxes and insurance. Please see income and expense sheet for additional information. Producing just under $3,000 a month, this is a solid investment property with good rental history. You don't want to miss this one! Building is being sold in "as is" condition.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Rooms
Basement Unfinished,Full
Interior
Interior Features Combination Dining/Living,Ceiling Fan(s),Bathroom - Stall Shower,Carpet,Entry Level Bedroom,Kitchen - Galley,Skylight(s)
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Equipment Cooktop,Dishwasher,Dryer,Oven - Single,Range Hood,Refrigerator,Stove,Washer,Water Heater
Fireplace N
Appliance Cooktop,Dishwasher,Dryer,Oven - Single,Range Hood,Refrigerator,Stove,Washer,Water Heater
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-027.40-305
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Financing Conventional,Cash
Special Listing Condition Standard