2220 N Market Street, Wilmington, DE 19802 $285,000

# of Units: 3
Interior Sq. Ft: 1,725
Acreage: 0.05
Age:101 years
Taxes: $1,304
MLS#: DENC2064490
Design/Type:
Interior Row/Townhouse

Description

Welcome to the North side of the City of Wilmington! A hustling and Bustling community of commercial, mixed use and residential composition within an ear shot of places of worship, educational facilities, local highways and more! This interior row building has been thoughtfully transformed over the years into a legitimate triplex featuring all separate systems, a fire escape and three modern floor plans consisting of two bedrooms each. Fully occupied and performing curtosuey of professional management, with tenants paying near market rate rents, this property is positioned to slot in nicely to an experienced investors portfolio, or the aspiring investor to purchase and step into immediate cash flow. Open and airy front porch for relaxing tenants and entertainment. Each floor across the threshold has its own unit, all with secondary means of egress down to the rear yard. Full basement houses two out of three furnaces and all three hot water tanks as well as one of the electrical panels. Main unit entrance into living space, flanked by dining/kitchen and then hallway leading to two bedrooms serviced with one full bath. Second and third floors enter into kitchen areas with full baths behind, then front/rear bedrooms with living space in the middle. Located along bus route with ample parking on both sides of the street makes access for tenants a breeze. Excellent opportunity, run the numbers and lets make a deal!

Taxes: $1,304
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Brandywine

Features

Utilities
Forced Air Heating, Natural Gas, None, None, Hot Water - Natural Gas, Public Water, Public Sewer, Circuit Breakers

Garage/Parking
On Street

Interior
Full Basement, Carpet Flooring, Ceramic Tile Flooring, Vinyl Flooring, Dry Wall, Replacement Windows, Vinyl Clad Windows

Exterior
Stone Foundation, Flat Roof, Brick Exterior, Stucco Exterior, Vinyl Siding, Porch(es), Exterior Lighting, Sidewalks, Street Lights

Contact Information

Listing Courtesy of: Pantano Real Estate Inc , (302) 888-0300, paul@pantanorealestate.com

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Listing data as of 5/21/2025.