Welcome to West Center City! Located in the heart of down town Wilmington affording a true Urban lifestyle that includes walking distance to some of the finest restaurants in the State, proximity to interstate highways, large employer base of the City, the Riverfront in all it's glory, and more! This… Read More left side duplex is ready for its next owner to either add to an existing portfolio or become the cornerstone of one. Two, 2 bedroom units with 1 full bathroom has been professionally gutted and rebuilt in it's past to create a modern layout coupled with a flexible lifestyle. Separate systems ensure that tenants can dial in their own temperatures and energy consumption, while operators are not on the hook for major monthly expenses. While this building is a three story, only two of them are being utilized, providing a value add to increase the number of bedrooms and possibly bathrooms depending for the second floor units, thus creating a larger and more valuable income stream. Currently only the first floor unit is occupied, so now would be a perfect time to insert a set of steps and fit out the third floor for your next tenant. While this property can be sold on its own, it makes more sense to buy 606 at the same time, thus controlling the entire structure and having your own free standing apartment building as a result. Perfect opportunity to deploy a DSCR loan product and either add to or start your investment journey! Read Less
Courtesy of Joseph Hurley, Pantano Real Estate Inc [email protected]
Listing Snapshot
Days Online
61
Last Updated
Property Type
Single Family Residential
Square Ft.
1,975
Lot Size
0.04 Acres
Year Built
1900
MLS Number
DENC2091332
30 Days Snapshot Of 19801
$236k
+35%
(avg) sold price
7
-22%
homes sold
30
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Interior Access, Outside Entrance, Unfinished
Building
1,975 sqft living area, Built in 1900, Structure Type: Detached, Wall & Ceiling Types: Dry Wall, 2 units in building, Colonial, Brick
Cooling
None, None
Fees
Ground Rent Pymnt Freq: Annually
Floors
Carpet, Laminated, Vinyl
Foundation
Stone
Heating
Natural Gas, Forced Air
Lot
1,742 sqft, Lot Size Dimensions: 19.30 x 81.00, 0.04 acres
Property
Other Structures: Above Grade, Below Grade, Other Units: Unit 1, Unit 2, 2 two-bedroom units
Roof
Flat
Sewer
Public Sewer
Taxes
City/Town Tax: $1,302, City/Town Tax Pymnt Freq: Annually, County Tax: $150, County Tax Pymnt Freq: Annually, School Tax: $2,932, School Tax Pymnt Freq: Annually, Tax Annual Amount: $4,384, Tax Year: 2025
Utilities
Electric Service: 200+ Amp Service, Circuit Breakers, Hot Water: Natural Gas
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