Recently Sold Homes in 19893, DE

Recently Sold Home in 19893, DE:

Exceptional opportunity to acquire a 6-unit multifamily asset with 5 garages in a highly desirable Wilmington submarket known for strong and consistent rental demand. The property offers an attractive unit mix of two 1-bedroom units and four 2-bedroom units, along with a common laundry area, creating multiple income streams and broad tenant appeal. The asset is currently generating $88,740 in annual rental income at a 6.77% cap rate, with significant upside through strategic rent increases and operational improvements. Based on current market comparables, there is an estimated $22,860 in annual rental upside, supporting a projected stabilized income of $111,600 and a 9.04% cap rate. Ideally

Recently Sold Home in 19893, DE:

Great neighborhood of Bayard Square. Just a block from Canby park walking trails and sports fields. Significant upgrades include the roof (flat roof done about 8 years ago, porch done in 2007, and front roof done this year), concrete work, water heater in 2025, tile freshly glazed, and a fresh coat of paint. Appliances are as is. This home has been modified to have an XL primary bedroom, but can be converted to a 3 bedroom home easily. Talk to the agent if you would like this conversion done prior to settlement. There is typically enough parking on the street for 2 cars, and if you have a small car or motor cycle it can fit in the rear driveway or the small garage in the back. Relax on the

Recently Sold Home in 19893, DE:

Calling all investors and renovation buyers! Opportunity awaits with this spacious 5-bedroom, 2-full-bath townhome located in the City of Wilmington. With its generous bedroom count and flexible layout, this property offers plenty of potential for the right buyer ready to bring their vision and improvements to life. The home is in need of repairs and updating and is being sold strictly AS-IS. Seller will make no repairs. Buyer is responsible for conducting their own due diligence regarding the property and its condition. Whether you’re looking for your next renovation project or an addition to your investment portfolio, this property is worth a look. Schedule your showing today!

Recently Sold Home in 19893, DE:

Charming townhome located in the heart of Little Italy, Wilmington, DE. This well-maintained home features inviting front and rear porches, plus a private second-floor deck. The main level offers hardwood floors throughout the living and dining rooms, a functional kitchen, a convenient laundry closet with washer and dryer, and a powder room. Upstairs, you'll find three bedrooms and a full hall bath. One of the bedrooms provides access to a spacious second-floor deck, perfect for relaxing or entertaining. Conveniently located near restaurants, shopping, and major commuter routes.