315 Central Avenue

WILMINGTON, DE 19805

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,675 Sqft
  • 9147
    Sqft(Lot)
$425,000

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.

  • Property Type

    Multi-Family

  • County

    NEW CASTLE

  • Style

    Other

  • AD ID

    49292753

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Forced Air
    • Cooling Fuel: Other
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1930
    • Structure: Detached
    • New Construction: No
    • Total Units: 1
    • Built: 1930
    • Construction Material: Frame
    • Foundation/Basement: Other
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 9,147
    • Dimensions: 75.00 x 120.00
    • Lot Size (Acres): 0.21
    • Architectural Style: Other
    • Main Square Feet: 9,147

    Property Information

    • SQ ft: 2,675
    • SQ ft (Living Area): 2,675
    • Total Lot SQ ft: 9,147
    • Financing: Conventional,Cash
    • Appx. Lot Dimensions: 75.00 x 120.00
    • Total Acreage: 0.21
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: 0-30 Days CD,61-90 Days CD
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $1,875
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • 0-30 Days CD,61-90 Days CD

    Assessment Information

    • Taxes Assessment Amount: $53,800

  • Parking Information

    • Parking Features: Asphalt Driveway
    • Parking Type: Other

    Multi-Unit Information

    • Acceptable Financing: Conventional,Cash

    Homeowners Association Information

    • Direction: From Kirkwood Hwy/ Rt 2 turn onto Central Ave

  • School Information

    • School District: RED CLAY CONSOLIDATED

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Other
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: From Kirkwood Hwy/ Rt 2 turn onto Central Ave
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BuyOwner last updated this listing 04/15/2025 @ 19:12

  • MLS: DENC2079084
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 2,675 sqft, 9,147 sized lot, and 0 parking. are nearby neighborhoods.