NOT LISTED FOR SALE
-- Bed
-- Bath
2,340 Sq Ft
1,307 Sq Ft Lot

Last Sold November 30, 2022

Last sale price $310,000 $132 Per Sq Ft

3 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to H. Fletcher Brown Park

About This Home

As of November 2022

Downtown triplex! Located in Wilmington's Central Business District, this unique property is situated two doors down from the newly opened Staybridge Suites hotel at 1220 N. Market and across from the recently constructed Marriott Residence Inn. The three large 1BR apartments, one per floor, all include in-unit laundry and separate forced air heating with central air. Two of the three heat pump units (with electric backup) were replaced in 2021. Heat and electric are fully split out on the tenants, with NO house meter or landlord-paid gas/electric. Three separate HW heaters. Tenants on the first two floors recently moved out, and the owner updated with new granite kitchen counters, SS appliances, new lighting fixtures, and new paint/flooring throughout. Third floor tenant is a long-term tenant and wishes to stay. Invest, "house hack", buy for STR (note that properties around the corner are used this way on King Street in Lawyers Row)...the possibilities are endless. Please see Agent Remarks regarding showings. This one won't last!

Last Agent to Sell the Property

PATRICK D. LORENZ

Patterson-Schwartz - Greenville Listed on: 10/07/2022

Patterson-Schwartz - Greenville

Last Buyer's Agent

Vincet Garman

Compass License #RS343299

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,340 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26-028.40-161

Community Details

Overview

  • 3 Units
  • Wilm #01 Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Inclusions: All fixtures and appliances
  • New Construction: No
  • Year Built: 1923
  • Remarks Public: Downtown triplex! Located in Wilmington's Central Business District, this unique property is situated two doors down from the newly opened Staybridge Suites hotel at 1220 N. Market and across from the recently constructed Marriott Residence Inn. The three large 1BR apartments, one per floor, all include in-unit laundry and separate forced air heating with central air. Two of the three heat pump units (with electric backup) were replaced in 2021. Heat and electric are fully split out on the tenants, with NO house meter or landlord-paid gas/electric. Three separate HW heaters. Tenants on the first two floors recently moved out, and the owner updated with new granite kitchen counters, SS appliances, new lighting fixtures, and new paint/flooring throughout. Third floor tenant is a long-term tenant and wishes to stay. Invest, "house hack", buy for STR (note that properties around the corner are used this way on King Street in Lawyers Row)...the possibilities are endless. Please see Agent Remarks regarding showings. This one won't last!
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 2340
  • Living Area Sq Ft: 2340
  • Price Per Sq Ft: 127.78
  • Above Grade Finished Sq Ft: 2340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CHRISTINA
  • School District Key: 300200396890
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Zoning: C4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 4887.00
  • Assessor Parcel Number: 26-028.40-161
  • Tax Year: 2022
  • Close Date: 11/30/2022

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: CHRISTINA

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
11/30/2022 11/30/22 Sold $310,000 +3.7% $132 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $299,000 -- $128 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2032690

Bright MLS