Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
1,900
Fully renovated triplex investment opportunity in Wilmington! This property has been completely updated from top to bottom, offering a turnkey addition to any investor’s portfolio. All three units feature brand new kitchens, bathrooms, flooring, lighting, and modern finishes throughout. Major systems have also been upgraded, including new plumbing, updated electrical, HVAC, hot water heater, and electric baseboard heat. The property includes separately metered electric and heat, and the owner charged $50/month per unit for water. Each unit has its own private living space, and the 1 bedroom unit features a separate entrance with access to the fenced-in backyard, providing additional appeal for tenants. Projected rental potential: Studio: $1,050/month (separate entrance, backyard access) 1 Bedroom: $1,200/month 2 Bedroom: $1,300/month With strong rental potential and all major renovations already completed, this property offers a low-maintenance, income-producing opportunity in a convenient Wilmington location close to major routes, shopping, and city amenities. Perfect for investors or owner-occupants looking to offset their mortgage with rental income.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
1900.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Other
Price
-
Sales Price
$350,000
-
Tax Amount
$3,760
-
Sq. Footage
1, 900
-
Price/SqFt
$184
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Sewer
Public Sewer
-
Tax Lot
261
-
Water Source
Public
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Location
County
NEW CASTLE
Elementary School
Middle School
High School
Listing Courtesy of Robert D Lawrence , VRA Realty
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