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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

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    $1,650/mo

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    $1,650/mo

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    $1,890/mo

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    $1,890/mo

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    What's special

    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.

    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#: DENC2046566MLS Logo

    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