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$355,000
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Property Description
BACK ON THE MARKET, BUYERS FINANCING FELL THROUGH!! Explore the potential of this well-appointed triplex in a sought-after location providing comfortable living spaces for tenants. Highlights: Modern amenities and finishes throughout, Well-maintained, Excellent rental income potential. Convenient location nearby amenities, public transportation. This triplex is a savvy investment or ideal for an owner-occupant looking to offset mortgage costs. Don't miss out on this versatile property - schedule your viewing today! Units are tenant occupied. Unit 1 is a one bedroom and is vacant, it's perfect for an owner occupant. Unit 2 is a one bedroom unit is paying $1220 a month and Unit 3 is a two bedroom unit paying $1000 a month.
Full Property Details
Full Property Details for 111 E 38th St
General
- Sold For: $355,000
- Taxes: $1,652 (2022)
- Status: Closed
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: DENC2052382
- Added to Site: 806 day(s) ago
Interior
- Number of Rooms: 4
Parking
- Parking Type: On Street
Location
- Area: Wilmington (30906)
- County: New Castle
- Development Name: Penn Rose
- Subdivision: Penn Rose
- Driving Directions: GPS
- City Limits: Yes
School Information
- School District: Brandywine
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Straight Thru
- Architectural Style: Straight Thru
- Structure Type: Detached
- Construction: Brick
- Foundation: Permanent
- Stories/Levels: 0
- Square Feet: 2,725
- Sq. Ft. Source: Assessor
- Living Area: 2,725 Sq. Ft.
- Finished Above Grnd: 2,005 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
Unit 1
- Unit Description: Unit 3
- Bedrooms: 2
Unit 2
- Unit Description: Unit 2
- Bedrooms: 1
Unit 3
- Unit Description: Unit 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Assessor
- Lot Dimensions: 23.00 x 98.10
- Zoning: NC5
Financial Considerations
- Price Per Sq. Ft.: $179.55
- Assessment Year: 2022
- School Tax: $1,267
- City/TownTax Freq: Annually
- County Tax: $385
- County Tax Freq: Annually
- Tax w/Assessment: $46,700
- Tax Amount: $1,652
- Tax Year: 2022
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2725
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants personal possessions
- Inclusions: Appliances in as-is condition
- Lot Number: 121
Listed by Marlon C Belfon
Sold by Century 21 Gold Key Realty, Donielle Haughton
Get Pre-Approved Today
Schools
Schools serving 111 E 38th St
School District:Brandywine School District
| Name | Grades | Distance |
|---|---|---|
Harlan (David W. ) Elementary School 3601 Jefferson Street, Wilmington, DE 19802 | K-5 | 0.5 mi |
duPont (Pierre S.) Middle School 701 West 34th Street, Wilmington, DE 19802 | 6-8 | 0.6 mi |
Brandywine High School 1400 Foulk Road, Wilmington, DE 19803 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 E 38th St
Date
Details
Price
Change
Source
3/12/2024
Sold
$355,000
-1.39%
MLS
2/06/2024
Price Reduced
$360,000
-4%
MLS
12/14/2023
Price Increased
$375,000
4.17%
MLS
12/08/2023
Listed
$360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
111 E 38th Street, Wilmington, DE 19802 (MLS# DENC2052382) is a Triplex property that was sold at $355,000 on March 12, 2024. Want to learn more about 111 E 38th Street? Do you have questions about finding other Triplex real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

