Attention aspiring or experienced landlords! Excellent opportunity to create a portfolio and have this be the cornerstone of it, or add to an existing one. Single tax parcel, two separate structures, four units total. Main building is an all brick cape surrounded by a stone wall, set back and elevated high above Wilmington Road. Main building consists of two units; one three bedroom on the lower level, one two bedroom on the upper level and is accessed via separate exterior entrances. Basement is accessed through exterior entrance as well. Front porch for the warmer months approaching (Can't Wait...), grassy knoll area between the structures, and plenty of parking on Brylgon Ave. for all tenants and guests alike. Second structure fronting on side street has two units, one bedroom each and are accessed separately through exterior entrances. Utilities are housed on the rear of the property and accessed via outside entrance. This building also has a one car attached garage that is perfect for storage, could be rented, or combined with main floor unit to create a second bedroom and increase monthly rent. All systems separate except water. So tenants pay electric, gas, heat, ECT. Fully occupied and performing, this property creates an exceptional opportunity to take advantage of todays ultra low interest rate and friendly lending environment to put your money to work via something other than Reddit forums and create wealth the old fashioned way!
Full Property Details
Full Property Details for 1201 Wilmington Rd
Taxes: $2,370 (2020)
MLS ID: DENC520500
Added: 90 day(s) ago
Number of Fireplaces: 1
Flooring: Carpet, Hardwood, Laminated, Vinyl
Exterior Features: Exterior Lighting, Sidewalks, Street Lights
Garage Spaces: 1
Total Spaces: 2
Parking Type: Driveway, Detached Garage, On Street
Garage Description: Garage - Side Entry, Garage - Front Entry
Area: New Castle/Red Lion/Del.City (30904)
County: New Castle
Development Name: Baldton
Cross Streets: Brylgon Ave.
Driving Directions: Route 9 heading South towards Old New Castle. End at subject on the right hand side of the street/corner of Brylgon Ave.
Disclaimer: School ratings provided by
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Listed by RE/MAX Of Wilmington-Limestone Rd,Joseph F Napoletano Sold by Century 21 Gold Key Realty,Yan Xue
1201 Wilmington Road, New Castle, DE 19720 (MLS# DENC520500) is a
Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms.
1201 Wilmington Road is currently listed for $440,000 and was received on February 04, 2021.
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