Welcome to this stunning completely renovated turnkey 3-unit triplex located on a corner lot in the heart of Wilmington, DE, in the prestigious community of Cool Springs-boarding Trolley Square. This building is perfect for investors and owner-occupants. This colonial-style property boasts spacious and upgraded apartments, each featuring oversized rooms with… Read More upgraded kitchens, brand new high-end vinyl flooring throughout, renovated bathrooms and washer/dryer in each unit. The triplex has been meticulously maintained, with major upgrades in 2023. Such as the roof was replaced by G Fedale Roofing and the basement was waterproofed by Adams Basement, including a French drain along with two new sump pumps. Each unit is separately metered for gas and electricity, with the owner only responsible for water, sewer and common areas. The property features ceiling fans and wall/window unit cooling, as well as baseboard electric heating. Exterior features include freshly painted woodworking, gutter system, sidewalks, and street lights, adding to the convenience and curb appeal of this fantastic property. Don't miss out on this turnkey profitable triplex in a prime location- schedule your tour today! ALL showings must be arranged directly with the listing agent. In addition there will be 3 open houses coming with the 1st being this Friday. Read Less
Courtesy of Nicholas Baldini, Patterson-Schwartz-Hockessin [email protected]
Listing Snapshot
Days Online
10
Last Updated
Property Type
Single Family Residential
Square Ft.
3,018
Lot Size
0.05 Acres
Year Built
1918
MLS Number
DENC2078368
30 Days Snapshot Of 19806
$342k
+6%
(avg) sold price
16
+77%
homes sold
55
+189%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished
Building
3,018 sqft living area, Built in 1918, Structure Type: Detached, 3 units in building, Colonial, Brick, Masonry
Cooling
None, Ceiling Fan(s), Wall Unit
Expenses
Insurance, Landscaping, Sewer, Water
Exterior Features
Gutter System, Sidewalks, Street Lights
Floors
Hardwood
Foundation
Block
Heating
Electric, Baseboard - Electric
Income
Net Operating Income: $50,620, Apartment Rentals
Lot
2,178 sqft, Lot Size Dimensions: 26 x 90, 0.05 acres
Property
Other Structures: Above Grade, Below Grade, Other Units: Unit 1, Unit 2, Unit 3, 1 three-bedroom unit, 2 two-bedroom units
Roof
Flat, Pitched
Sewer
Public Sewer
Taxes
City/Town Tax: $1,448, City/Town Tax Pymnt Freq: Annually, County Tax: $170, County Tax Pymnt Freq: Annually, School Tax: $1,794, School Tax Pymnt Freq: Annually, Tax Annual Amount: $3,412, Tax Year: 2024
Utilities
Hot Water: Natural Gas
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