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901 N Franklin Street, Wilmington, DE 19806
$435,000
901 N Franklin Street, Wilmington, DE 19806View this property at 901 N Franklin Street, Wilmington, DE 19806
901 N Franklin StreetWilmingtonDE19806
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Property Description
This professionally managed triplex is in the heart of Cool Springs and less than one mile away from Trolley Square. All units are currently rented with $46,200 in annual gross revenue. As of June 1, 2022 prepaid rents total over $9,000. The neighborhood is family friendly with large parks and annual street festivals. The building is one block away from 2 award winning private schools and about 5 minutes from the Blue Rocks Baseball Stadium. All units have been recently renovated with upgrades in every room, including appliances. Each unit has a private entrance, separate gas/electric metering, and separate electric baseboard heating. Tenants pay their own utilities except for water, sewage, and trash. This property is great for investors. The building has all new water heaters, electric circuit breakers, panels, and security cameras. Some units have new windows and roofing. Tenants enjoy coin operated laundry machines in the basement along with the option to rent private storage. This triplex is a calling card for serious investors. Book all appoints with Listing Agent. Please Do not solicit or disturb tenants.
Full Property Details
Full Property Details for 901 N Franklin St
General
- Sold For: $435,000
- Taxes: $4,340 (2021)
- Status: Closed
- Type: Triplex
- MLS ID: DENC2025534
- Added to Site: 696 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Dryer - Electric, Energy Efficient Appliances, ENERGY STAR Refrigerator, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
- Flooring: Wood, Vinyl
Exterior
- Exterior Features: Sidewalks
Parking
- Parking Type: On Street
Location
- Area: Wilmington (30906)
- County: New Castle
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: At the intersection of West 9th Street and North Franklin Street. There are 3 separate entrances.
- Historic District: Yes
- City Limits: Yes
School Information
- School District: Red Clay Consolidated
- Elementary School: William C. Lewis Dual Language
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Heating Type: Baseboard - Electric
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Phone Connected, Natural Gas Available, Electric Available, Cable TV Available
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Other
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Foundation: Stone
- Roof: Flat, Shingle
- Stories/Levels: 0
- Square Feet: 4,500
- Sq. Ft. Source: Estimated
- Living Area: 4,500 Sq. Ft.
- Finished Above Grnd: 4,500 Sq. Ft.
- Year Built: 1918
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
- 2 Bedroom Units: 2
- 3 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Estimated
- Lot Dimensions: 26.00 x 90.00
- Zoning: 26R-3
Financial Considerations
- Price Per Sq. Ft.: $92.22
- Assessment Year: 2021
- School Tax: $1,666
- City/TownTax: $1,252
- City/TownTax Freq: Annually
- County Tax: $170
- County Tax Freq: Annually
- Tax w/Assessment: $67,500
- Tax Amount: $4,340
- Tax Year: 2021
- Terms: Standard Sale
- Owner Pays: Common Area Maintenance, Water, Sewer
- Landlord Pays: Common Area Maintenance, Water, Sewer
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 16
Listed and Sold by Concord Realty Group, Chidozie Stanley Osueke
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Schools
Schools serving 901 N Franklin St
School District:Red Clay Consolidated School District
Rating | Name | Grades | Distance |
---|---|---|---|
920 N Van Buren St, Wilmington, DE 19806 | PK-5 | 0.2 mi | |
2900 Skyline Dr, Wilmington, DE 19808 | 6-8 | 6.9 mi | |
50 Hillside Rd, Wilmington, DE 19807 | 9-12 | 2.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 901 N Franklin St
Date
Details
Price
Change
Source
7/15/2022
Sold
$435,000
4.82%
MLS
6/13/2022
Listed
$415,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
901 N Franklin Street, Wilmington, DE 19806 (MLS# DENC2025534) is a Triplex property that was sold at $435,000 on July 15, 2022. Want to learn more about 901 N Franklin 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.