New Listing
Description
INVESTOR & CONTRACTOR ALERT! Exceptional opportunity to acquire a duplex with substantial renovation potential and an expansive lot in a convenient Wilmington location. The property is being sold AS-IS and requires a FULL renovation, making it ideal for an investor or contractor looking for a project with the opportunity to create value. The duplex features two separate units. Unit #1 offers 1 bedroom and 1 bathroom, while Unit #2 offers 3 bedrooms and 1 bathroom. The property also includes an attached garage and an exceptionally large rear garage offering approximately 1,000 square feet of space, providing tremendous potential for storage, workshop use, parking, or other permitted uses. The nearly ¼-acre lot provides an abundance of additional outdoor space and creates opportunities for future improvements, subject to applicable zoning and approvals. The property's location is directly adjacent to the newly upgraded Eastlake Park adds another attractive feature, with convenient access to basketball and handball courts, a picnic pavilion, and a children's playground. With its duplex configuration, substantial garage space, large lot, and park-adjacent location, this property offers a unique opportunity for the buyer prepared to take on a complete renovation. PROPERTY IS BEING SOLD STRICTLY AS-IS. FULL RENOVATION REQUIRED. SELLER WILL MAKE NO REPAIRS OR IMPROVEMENTS. CASH OR PRIVATE LENDING OFFERS ONLY. Buyer is responsible for conducting all inspections, verifying square footage, zoning, permitted uses, dimensions, and any potential renovation or development opportunities.
Details
| MLS # | DENC2112416 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1910 |
| Days On Site | 5 |
| Listing Provided By | Compass | CARL FRAMPTON |
Features
| SQ Feet | 1,725 |
|---|---|
| Garage | 5 |
| Units | 1 |
| Zoning | 26R-3 |
| Acreage | 0.21 |
Interior
| Cooling | None |
|---|---|
| Heating | None |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Brick/Mortar |
Parking
| Garage Yes / No | Yes |
|---|
Taxes
| Tax Annual Amount | 3006 |
|---|
Area Information
| State | DE |
|---|---|
| County | NEW CASTLE DE |
| City | WILMINGTON |
| Zip Code | 19802 |
| Area | Wilmington (30906) |
| School District | RED CLAY CONSOLIDATED |
| Listing VS Median (in 19802) | |
Price: $275,000 low | high Med: $189,900 sqft: 1,725 low | high Med: 1,163 $ / sqft: $159 low | high Med: $164 On site: 5 low | high Med: 131 | |
Market Activity 19802
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Learn More About This Property
| State | DE |
|---|---|
| County | NEW CASTLE DE |
| City | WILMINGTON |
| Zip Code | 19802 |
| Area | Wilmington (30906) |
| School District | RED CLAY CONSOLIDATED |
| Listing VS Median (in 19802) | |
Price: $275,000 low | high Med: $189,900 sqft: 1,725 low | high Med: 1,163 $ / sqft: $159 low | high Med: $164 On site: 5 low | high Med: 131 | |
