$347,000
SOLD DEC 27, 2024

1400 -1402 Walnut St Wilmington, DE 19809

-- Bed
-- Bath
2,320 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

5 Days on Market

Highlights

  • River View
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Pierre S. Dupont Middle School Rated A-
  • Wood Flooring
  • Property is in very good condition

About This Home

As of December 2024

This unique parcel in North Wilmington features a spacious duplex with month-to-month tenants, making it ideal for an investor or owner-occupant. Both units boast two-three bedrooms each, offering ample living space for families or roommates. The property enjoys long-term tenants, a testament to its desirability and stability. Nestled in a prime location on a private street the duplex offers picturesque views of the Delaware River, Convenience & Transportation: North Wilmington is a commuter’s dream, with several transportation options nearby: Major Highways: Easy access to I-95, I-495 and Rt. 13 connecting residents to Wilmington, Philadelphia, and beyond. Public Transit: Close proximity to DART bus lines, providing convenient connections to key locations, including downtown Wilmington, shopping centers, and major employers. Amtrak and SEPTA Stations: The Wilmington train station and new Claymont Station within five minutes, a short drive away, offering Amtrak services for national travel and SEPTA Regional Rail for local commutes to Philadelphia and surrounding areas. Air Travel: Philadelphia International Airport is approximately 20 minutes away, perfect for frequent flyers. This combination of space, location, and accessibility makes this property an exceptional investment opportunity. Call the listing agent to schedule a tour. Tenants in place.

Last Agent to Sell the Property

Lorraine Sheldon

EMORY HILL REAL ESTATE SERVICES INC. License #RA-0020919

EMORY HILL REAL ESTATE SERVICES INC.

Last Buyer's Agent

Jordan Oncay

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,854

Year Built

  • Built in 1930

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Property is in very good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Plaster Walls
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,320 Sq Ft Home
  • Wood Flooring
  • River Views

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces

Schools

  • Mount Pleasant Elementary School
  • Maple Lane Middle School
  • Mount Pleasant High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for insurance, real estate taxes, water, sewer
  • Assessor Parcel Number 06-116.00-143

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,854

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Personal items if tenants are to vacate.
  • Inclusions: All appliances "as is"
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: This unique parcel in North Wilmington features a spacious duplex with month-to-month tenants, making it ideal for an investor or owner-occupant. Both units boast two-three bedrooms each, offering ample living space for families or roommates. The property enjoys long-term tenants, a testament to its desirability and stability. Nestled in a prime location on a private street the duplex offers picturesque views of the Delaware River, Convenience & Transportation: North Wilmington is a commuter’s dream, with several transportation options nearby: Major Highways: Easy access to I-95, I-495 and Rt. 13 connecting residents to Wilmington, Philadelphia, and beyond. Public Transit: Close proximity to DART bus lines, providing convenient connections to key locations, including downtown Wilmington, shopping centers, and major employers. Amtrak and SEPTA Stations: The Wilmington train station and new Claymont Station within five minutes, a short drive away, offering Amtrak services for national travel and SEPTA Regional Rail for local commutes to Philadelphia and surrounding areas. Air Travel: Philadelphia International Airport is approximately 20 minutes away, perfect for frequent flyers. This combination of space, location, and accessibility makes this property an exceptional investment opportunity. Call the listing agent to schedule a tour. Tenants in place.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Block
  • Total Sq Ft: 2320
  • Living Area Sq Ft: 2320
  • Price Per Sq Ft: 149.57
  • Above Grade Finished Sq Ft: 2320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1400 -1402

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asphalt, Vinyl Siding, Aluminum Siding
  • Roof: Asphalt
  • View: River
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: BRANDYWINE
  • Elementary School: MOUNT PLEASANT
  • Middle School: MAPLE LANE
  • High School: MOUNT PLEASANT
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396892
  • School District Source: Listing Agent
  • Elementary School: MOUNT PLEASANT
  • High School: MOUNT PLEASANT
  • Middle Or Junior School: MAPLE LANE

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 100 X 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Property Condition: Very Good
  • Zoning: NC10
  • In City Limits: No

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Owner Pays: Insurance, Taxes - Real Estate, Water, Sewer
  • Total Actual Rent: 22200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2177.28
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2853.83
  • Assessor Parcel Number: 06-116.00-143
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 12/27/2024

Multi Family

  • Gross Income: 22200.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: BRANDYWINE

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $347,000 0.0% $150 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $347,000 -- $150 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DENC2071928

Bright MLS