One-of-a-kind multifamily property solidly built in 1977 by the current owner. This property is gigantic and is NOT located within the city limits. There are currently 3 units with separate electric meters as follows. Main Floor 3BR, 2-1/2 ba unit was occupied by the owner and was not rented, and is currently vacant. The main floor unit and the walkout finished basement both with multiple entryways are enormous and have the potential to be divided into additional apartments. Amenities include 4 Off Street parking spaces. Inside could use some cosmetic updates to brighten up the rooms. The exterior pitched roof has been replaced and the home has real Stucco, not synthetic. Two separate lockable storage units for tenants. The house is on a quiet dead-end street. This is a tremendous opportunity for a savvy investor.
Sold for $395,000 on 11/27/23
$395,000
110 E Fortieth St, Wilmington, DE 19802
6beds
--baths
3,750sqft
Triplex
Built in 1977
-- sqft lot
$492,300 Zestimate®
$105/sqft
$1,650 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 27, 2023 at 12:09pm
Listed by:
David Harrell 302-351-1499,
Long & Foster Real Estate, Inc.
Bought with:
Jen Lee, RS-0023453
BHHS Fox & Roach-Greenville
Source: Bright MLS,MLS#: DENC2046566
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 3,750
- Total interior livable area: 3,750 sqft
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,356 sqft
- Dimensions: 40.00 x 107.50
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 06144.00139
- Zoning: NC5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Triplex
Materials
- Other
- Foundation: Block
- Roof: Pitched
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Penn Rose
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple