5,227 Sqft Lot
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Subdivision Trolley Square
MLS Listing ID DENC2089592
Style Colonial
Year Built 1910
Annual Tax Amount $6,248
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 135.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Presenting a rare and lucrative opportunity to acquire a well-maintained six-unit multifamily property in the heart of Wilmington's vibrant Trolley Square neighborhood. This sought-after location offers the perfect blend of urban living and convenience, with an array of dining, shopping, and entertainment options just steps away. This property features five fully renovated one-bedroom units, each boasting modern finishes, updated appliances, and contemporary design touches that appeal to today's discerning tenants. In addition to the cosmetic upgrades, significant mechanical improvements have been made throughout the building, ensuring long-term durability and minimal maintenance. With a thoughtful layout, the building offers three front-facing units with street views and three rear-facing units that provide added privacy, making it ideal for a wide range of renters. A shared laundry facility in the basement, equipped with two washers and two dryers, adds convenience for residents and minimizes operating costs. Whether you're an experienced investor or just starting to build your real estate portfolio, this property offers strong cash flow potential and a prime location in one of Wilmington's most desirable neighborhoods. Full financials available upon request.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-2A
Rooms
Basement Walkout Stairs
Interior
Hot Water Natural Gas, Electric
Heating Radiant
Cooling Ductless/Mini-Split
Flooring Hardwood
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Pitched,Shingle,Slate
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-020.20-223
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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