Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1990
Sq.Footage
1,925
*** Online pictures are from original renovation, prior to rental *** Turnkey Wilmington duplex offering immediate immediate positive cash flow and flexible ownership options! Completely renovated in 2024 and fully rented since completion, this two-unit property is an excellent opportunity for an investor seeking positive cash flow from day one or an owner-occupant looking to offset housing costs with rental income. The property features a 3-bedroom/2-bath unit and a 2-bedroom/1-bath unit, with updated finishes, central A/C and modern security systems. Existing lease information and a detailed Investor ROI Analysis are included with the online listing documents, providing prospective buyers with a clear picture of the property's income potential. Move-in-ready, income-producing, and positioned for turnkey ownership. Showings will be available from 1pm-3pm on Tues 10/6 & Thur 10/8, by appointment only.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
1925.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Lot Size(square feet)
2,178
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Other
Price
-
Sales Price
$425,000
-
Tax Amount
$2,975
-
Financing Options
Cash, Conventional, FHA, VA
-
Zoning
One-family row house district. Permit approved for multi-family.
-
Sq. Footage
1,925
-
Price/SqFt
$220
HOA
-
Association
No
School District
-
Elementary School
BANCROFT
-
Middle School
DOUGLASS SCHOOL
-
High School
NEWARK
Property Features
-
New Construction
NO
-
Foundation Details
Block
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
484
-
Water Source
Public
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Location
County
NEW CASTLE
Elementary School
BANCROFT
Middle School
DOUGLASS SCHOOL
High School
NEWARK
Listing Courtesy of Kevin Hobbs, Coldwell Banker Realty
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Salesperson, Realtor
Margo Miller
Call Margo today to schedule a private showing.
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