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$350,000
5 Beds ⋅ 3 Baths
**Incredible "House or Investment Opportunity in Historic Wilmington!** **Property Type:** Triplex **Location:** Historic Wilmington, DE **Gross Income:** $3,400/month Own a piece of history with this rock-solid triplex situated in a beautiful, historic Wilmington neighborhood! Featuring "good solid bones" and a prime location, this property is perfect for a savvy investor or a buyer looking to live in one unit while the other two pay the mortgage. Located just a stone's throw from downtown, your tenants will love being walking distance to vibrant nightlife, dining, and entertainment, while enjoying the charm of a historic district. **The Units & Occupancy** * **Unit 1 , 2 &3:** Currently occupied by solid, reliable tenants who take great care of the property. * **Unit1:** Will be delivered fully vacant by the end of the month. This is the perfect blank canvas for an owner-occupant to move right in, or for an investor to place a new tenant at market rent. * **Spacious Layouts: apartment 1 & 2 boasts exceptionally large 2 bedrooms `and unit 3 offers 1 bedroom and generous, full-sized kitchens. ### **Financials & Utilities** * **Strong Cash Flow:** Currently pulling in approximately $3,400 a month. * **Low Landlord Overhead:** All units are on completely separate utilities. Each unit features its own gas line and individual meters, keeping owner expenses to an absolute minimum. * **Value-Add Potential:** Features an on-site pay/coin laundry area to generate additional monthly income. ### **Additional Features** * **Parking:** Includes a highly coveted private garage. * **Condition:** Well-maintained with great structural integrity. ### **Showing Instructions** **Limited Showings Only.** Out of respect for the current residents, showings are limited and require advance notice. Tenants must be present during viewings. Please contact the listing agent to schedule your private tour. Mondays and Thursdays 5:pm-8:pm Saturdays 12:00-3pm 1st Floor tenant will be out by September 25,2026

400 W 21st St, Wilmington

Listing courtesy of Century 21 Gold Key Realty. Contact: 3023695397
$355,000
4 Beds ⋅ 2 Baths

108 Forrest Ave, Wilmington

Listing courtesy of Patterson-Schwartz - Greenville. Contact: 3024294500
$199,000
Rare opportunity to acquire a portfolio of 17 garage units, including one oversized double garage, offering immediate income potential with additional upside. Currently, 13 garages are tenant occupied with 4 vacant units, providing the opportunity to increase cash flow through lease-up or owner use. Significant capital improvements have already been completed, making this a low-maintenance investment. All garage roofs were repaired or replaced between 2023 and 2024, and nearly every garage door was replaced during the same period. One garage features a custom-built wooden door, designed to accommodate a long-term tenant's oversized vehicle that exceeds the height of a standard overhead door. Whether you're looking to expand your investment portfolio, generate passive income, or provide secure storage solutions in a high-demand area, this unique property offers exceptional flexibility and value. With multiple tenants already in place and several vacant units ready to lease, investors have the opportunity to realize immediate income while increasing returns over time. Don't miss this rare chance to own a well-maintained collection of garages with strong income-producing potential in the City of Wilmington.

2600 Moore St, Wilmington

Listing courtesy of Coldwell Banker Realty. Contact: 3022341888