Patterson-Schwartz Real Estate315-17 Central Avenue, Wilmington, DE 19805-2415 $425,000
With Pending Contract
Interior Sq. Ft: 2,675
Acreage: 0.21
Age:95 years
Taxes: $1,875
Design/Type:
Detached
Description
This is a rare investment opportunity to acquire a well-maintained duplex at 315-317 Central Ave in Wilmington, DE, offering both immediate rental income and significant potential future income. With two 3-bedroom, 2-bathroom units, this property is perfectly designed for long-term investment, providing the ideal setup for renters or owners looking for spacious living. Unit 315 has been completely renovated and is move-in ready, featuring modern updates throughout, including all new appliances. This unit is currently vacant, making it an excellent opportunity for an owner-occupant or to attract new tenants right away. Unit 317 is currently occupied by a tenant under a lease that runs through June 2025, paying $1,440/month with the potential to increase up to $1,800/month once the lease allows, offering substantial potential future income. The property is strategically located in a desirable area of Wilmington, with easy access to local amenities, shopping, dining, and public transportation. The combination of a renovated, vacant unit and an occupied unit with an established tenant makes this duplex an exceptional and rare investment opportunity. Whether you're looking to add to your portfolio or explore a property that provides both immediate and long-term rental income, this is a prime opportunity. Don’t miss your chance to own this income-producing duplex in a growing market. Schedule a showing today and seize this rare opportunity.
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Forced Air Heating, Natural Gas, Central A/C, Other, Hot Water - Natural Gas, Public Water, Public Sewer, 100 Amp Service
Garage/Parking
Other
Exterior
Frame Exterior
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-285-0977
Listing Courtesy of: Keller Williams Realty Wilmington , (302) 299-1100
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Listing data as of 4/23/2025.
