Multi-Family Property that produces a great income with four rentable units located near the Triangle area in the City of Wilmington! This well maintained building is situated on a wide quiet street with parking on both sides of the road for the tenants and is located in a convenient spot near I-95. With the inviting front porch and historic charm this building has great curb appeal. Entering the property through the main door there is a vestibule for mail and then a secure door to enter the building. Unit 1 features two bedrooms with a spacious kitchen which is large enough for a table and includes a large pantry, gas cooking, and a newer LVP floor. There is also a separate living room, full bath, and a large hallway closet. There is a bonus room off the back of one of the bedrooms that can used in many ways. Units 2 and 3 are located on the second floor and unit 4 is located on the third floor. All three of these units are currently occupied and will be income producing right from the start! This property is equipped with separated gas meters, water heaters, electric panels, and heaters making it extra appealing for an investor renting the units. With adding a tenant to the unit 1 this property would bring in a total income of close to $5,000 a month! Having the first floor unit vacant allows for an owner occupant investor as well. Schedule your showing today so you don’t miss out on this great investment opportunity!
Sold for $480,000 on 03/19/25
$480,000
2111 N Washington St, Wilmington, DE 19802
5beds
2,250sqft
Single Family Residence
Built in 1900
2,613 Square Feet Lot
$-- Zestimate®
$213/sqft
$2,479 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 20, 2025 at 06:53am
Listed by:
Jacob Ryan 302-893-7438,
RE/MAX Point Realty
Bought with:
Kelly Diaz, RS0036820
Keller Williams Realty Wilmington
Source: Bright MLS,MLS#: DENC2073448
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Hot Water, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,250
- Total interior livable area: 2,250 sqft
- Finished area above ground: 2,250
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 2,613 sqft
- Dimensions: 25.00 x 110.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 26022.10224
- Zoning: 26R-2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Stone
- Roof: Flat
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Wilmington
Other
Other facts
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple