Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
2,100
IMMEDIATE CASH FLOW! Excellent opportunity to own a fully leased duplex featuring two identical 3-bedroom, 1-bath units, Section 8 approved, in a convenient Wilmington location near Delaware Technical Community College, shopping, dining, and major commuter routes. Both units offer eat-in kitchens, ample storage, off-street parking, and separate utilities, providing flexibility for investors seeking a reliable, income-producing property. With long-term tenants in place, this property delivers immediate and consistent rental income, making it ideal for adding to an investment portfolio or securing long-term cash flow. Combined monthly rental income totals $2,850. Recent improvements include new heating systems installed in 2024 for both units, along with a new refrigerator in Unit 1 (2024). Well maintained and consistently occupied, this turnkey duplex benefits from strong rental demand and presents an excellent opportunity for steady income now and into the future.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Above Grade Finished Area
2100.0
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.06
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Other
Price
-
Sales Price
$285,000
-
Tax Amount
934.0
-
Sq. Footage
2, 100
-
Price/SqFt
$135
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Other
-
Sewer
Public Sewer
-
Tax Lot
246
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
NEW CASTLE
Elementary School
Middle School
High School
Listing Courtesy of Brian D. Foraker , Foraker Realty Co.
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
AGENT
Sharon Lelm
Call Sharon today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.