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306 Main Street, Wilmington, DE 19804

$389,900

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  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 3,300 Sq. Ft.
  • Updated 12 days ago

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306 Main Street, Wilmington, DE 19804View this property at 306 Main Street, Wilmington, DE 19804
306 Main StreetWilmingtonDE19804
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Property Description
Too many options to name. Yet, let me try! This is a detached duplex, meaning it was a detached single-family that was converted into a duplex. Each side features on the main floor area, an enclosed front porch area, a living room, a dining room, an eat-in kitchen, and a laundry area. The 2nd floor features 3 bedrooms and a full bath. The attic is accessible via a set of steps ( not a ladder) and runs the length of the house. The storage capacity in the attic is huge. The basement is unfinished, yet also runs about 3/4 length of the house and adds additional storage. Yes, I know this is not what makes the house worth the asking price. Add to that that the property is zoned commercial, meaning you can run a storefront downstairs, and make the upstairs into 2 apartments. Or you can live and work on one side while collecting rent on the other side. Or just keep it as a rental unit. The property currently has a tenant in each unit, and they are willing, actually would love to stay if possible. Current rental income is just under $ 30,000 a year. Both properties are managed by a property management company. Did I mention that the neighbor fenced in his side of their parking lot (a busy restaurant) next door that closes around mid-day, what gives you lots of exposure to marketing a business from home if you like? Also, by fencing in their side, your side got fenced in also. Imagine a fully fenced-in yard and it is not your financial responsibility to maintain or replace it. The back yard has become a paved parking lot with room for 4-5 cars as well as street parking in front of the unit. These units would be great to run a small business from as the street is lined with commercial businesses, from car dealerships, restaurants, law offices, etc. The front porch and fencing do buffer most of the noise from the traffic that drives by. Like I said, so many options !!! Tenants are on-premises, 48 hr notice required, no exception will be made. Buyers need to be pre-approved or able to show proof of funds if they state it to be a cash deal prior to scheduling a showing appointment. Masks and gloves required while on-premises.

Full Property Details for 306 Main St

General

  • Price: $389,900
  • Taxes: $1,826 (2020)
  • Status: Active
  • Type: Single Family
  • MLS ID: DENC523996
  • Updated: 4/7/2021
  • Added: 13 day(s) ago

Interior

  • Interior Features: Attic, Carpet, Dining Area, Kitchen - Eat-In
  • Appliances: Dishwasher, Exhaust Fan, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer/Dryer Hookups Only, Water Heater
  • Flooring: Fully Carpeted, Vinyl, Tile/Brick

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Floor Baths: 1
  • Upper - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 3

Parking

  • Total Spaces: 4
  • Parking Features: Paved Parking
  • Parking Type: Off Site, Parking Lot, On Street

Location

  • Area: Elsmere/Newport/Pike Creek (30903)
  • County: New Castle
  • Development Name: None Available
  • Subdivision: None Available
  • Driving Directions: From Hwy 95 to exit 4B onto DE 58 Churchman rd towards DE 7 N churchman crossing Merge onto De 7 N towards Stanton- Pike creek Keep R on main st L on Delaware St L onto Main Str Go past the parking lot of restaurant. look for a duplex at white vinyl fence. Driveway is on the end of the duplex

School Information

  • School District: Red Clay Consolidated

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air, Central
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Structure Type: Twin/Semi-Detached
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Composite
  • Walls/Ceilings: Plaster Walls, Dry Wall
  • Stories/Levels: 0
  • Stories Description: Lower 1, Main, Upper 1
  • Square Feet: 3,300
  • Sq. Ft. Source: Assessor
  • Living Area: 3,300 Sq. Ft.
  • Finished Above Grnd: 3,300 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size Source: Assessor
  • Lot Dimensions: 50.00 x 100.00
  • Zoning: CN

Financial Considerations

  • Price Per Sq. Ft.: $118.15
  • Assessment Year: 2020
  • School Tax: $1,368
  • City/TownTax Freq: Annually
  • County Tax: $458
  • County Tax Freq: Annually
  • Tax w/Assessment: $55,200
  • Tax Amount: $1,826
  • Tax Year: 2020
  • Tax Total Finished Sq. Ft.: 3300

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: refrigerator, 1 in each unit, 306 has a gas stove, 308 is electric. Dishwasher in both units
  • Lot Number: 64

Listed by Real Estate Services Group, Anna Vleugels

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NMLS#: 1598647

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Price & Sales History

Price & Sales History for 306 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/07/2021
Listed
$389,900
62.46%
MLS
11/01/2016
Sold
$240,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History

Tax History for 306 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2018
$1,830
1%
$55,200
—
2017
$1,809
5%
$55,200
—
2016
$1,727
7%
$55,200
—
2015
$1,619
8%
$55,200
—
2014
$1,502
2%
$55,200
—
2013
$1,479
4%
$55,200
—
2012
$1,421
-19%
$55,200
—
2011
$1,761
—
$55,200
—
2010
$1,761
23%
$55,200
—
2009
$1,431
—
$55,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 306 Main St

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Listed by Real Estate Services Group, Anna Vleugels

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306 Main Street, Wilmington, DE 19804 (MLS# DENC523996) is a Single Family property with 3 bedrooms and 1 full bathroom. 306 Main Street is currently listed for $389,900 and was received on April 07, 2021. Want to learn more about 306 Main Street? Do you have questions about finding other Single Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

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