505 N Rodney St, Wilmington, DE 19805

Property Description

Welcome to 505 N Rodney Street! This three-story brick end-of-row duplex offers a fantastic opportunity for investors and owner-occupants alike! Featuring two spacious units, separate entrances, numerous updates, and the potential for rental income, this property is full of possibilities! A covered front porch welcomes you to the home, where you'll find separate entrances to each unit. Both units have been remodeled over time, with many brand-new improvements throughout. Unit #1, located on the first floor, features 2 bedrooms and 1 full bathroom and has been refreshed with fresh paint, all-new flooring, a renovated bathroom, and more! The comfortable living space flows into the kitchen, where a door provides access to a covered rear deck overlooking the fully fenced backyard. Unit #2 spans the second and third floors, offering 2 bedrooms, 1.5 bathrooms, and two stories of living space filled with character and charm! Enter through the private front entrance and head upstairs, where you'll be greeted by beautiful exposed brick walls, modern light fixtures, and laminate hardwood flooring throughout. The living room features a wood-burning fireplace and opens to a convenient wet bar, creating a wonderful space for entertaining. A door leads to an elevated rear deck with stairs providing access to the fenced backyard. Also on this level are two bedrooms and a renovated full bathroom. Two separate staircases lead to the third floor, where you'll find a family room, dining room, kitchen, and convenient powder room, providing an abundance of additional living space. Both units enjoy secure access to the unfinished basement, offering plenty of storage space and two sets of laundry hookups. Other notable features include a brand-new roof (August 2026), updated heating systems, separate HVAC systems, electric meters, and water heaters for each unit, and a newer water heater in Unit #2 (approx 5 years old). All appliances are included in the sale! These features provide added convenience and flexibility for future owners. Whether you're looking to expand your investment portfolio or purchase your first home while generating rental income from the second unit, this versatile duplex presents an exciting opportunity. With its combination of updates, character, and income-producing potential, 505 N Rodney Street is ready for its next owner! Property is being sold AS IS.