Remarks

Welcome to Hilltop in the City of Wilmington! Perched high above on the Westside of town, with convenience to parks, places of worship, educational facilities and right in between the Riverfront, Little Italy & Trolley Square in all their glory. This five unit, corner twin is ready for its next custodian. Featuring an eclectic mix of three, 1 bedroom units and two, 2 bedroom units, providing effective living arrangements for most tenants needs. Rear deck structure provides private outdoor space for the main floor unit and third floor unit with shared hallway access for the second floor units. Grassy knoll is a great spot to relax or cookout with your neighbors. Front porch as you enter leads to vestibule for mail and then a staircase that takes you up to the four units accessed inside the main space. Exterior access for the fifth unit as well as basement/storage area where some mechanicals can be found. One car garage can be used for onsite storage, possibly rented out for additional income or converted to a laundry facility for the building. First floor unit has two bedrooms, one full bath, and runs the depth of the structure. Second floor is host to two, 1 bedroom units each with 1 full bath. Third floor features an expansive two bedroom unit, with one full bath, and also spans the depth of the structure. Each unit has its own gas meter, electric meter, electric panel in unit, hot water tank and HVAC unit. Excellent, value add opportunity, to reposition the property with some choice upgrades and then fetch modern market rental amounts. Add this to your existing portfolio or make it the cornerstone of a flourishing one!

Details

MLS#: DENC2080712
Price: $450,000

Year Built: 1924

County: NEW CASTLE
Subdivision: Wilm #15
Tax Fee: 3510.68