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Off market
  • $353,800

    501 N Lincoln St, Wilmington, DE 19805

    --beds
    0baths
    --sqft
    MultiFamily
    Built in 1911
    -- sqft lot
    $353,800 Zestimate®
    $--/sqft
    $1,590 Estimated rent

    Owner options

    List your home for rent

    $1,590/mo

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    $1,590/mo

    Rent Zestimate®

    Refinance and save

    $2,018/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $2,018/mo

    Est. payment

    What's special

    This 4 Unit Investment Property in Wilmington's Popular Westside / Little Italy Neighborhood has many options... For Investors - Rent out as 4 units-- For Home Owner - Live in "˜owner's' unit on 2nd Floor and rent out 3 remaining units-- OR - Combine 2nd Floor and 3rd Floor units into one large 2 story apartment to live in or rent out along with the 2 first floor units. Building is comprised of the following: Apartment #1 - 2 Bedroom, 1 Bathroom, new carpeting, separate front entrance. Apartment #2 - Large efficiency with separate kitchen, new carpeting, main entrance on 5th street plus rear entrance. Apartment #3 - 2nd Floor "˜Owner's' unit, large kitchen, private Washer/Dryer, porch. Apartment #4 - 3rd Floor needs completion- includes 2 rooms with new windows and is ready for kitchen, bath and flooring. This unit could be combined with Apartment #3 to make one large 2 story unit. Separate gas & electric meters for each apartment. Tenants pay their own electric & gas (cooking). Owner pays for heat, hot water, taxes, insurance, water & sewer, maintenance. This property is in superior condition as the owner lived in Apartment #3 for years and maintained the building as an owner/occupant. Great Opportunity to invest in one of the most popular areas of the City !

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 1,742 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1911

    Community & neighborhood

    Location
    • Region: Wilmington