Wilmington, DE 19805,1302 LANCASTER AVE
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Wilmington, DE 19805,1302 LANCASTER AVE
Wilmington, DE 19805,1302 LANCASTER AVE
Wilmington, DE 19805,1302 LANCASTER AVE
Wilmington, DE 19805,1302 LANCASTER AVE

$81,000

Est. payment /mo

$80,000

1.3%
Est.Price: ?

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1302 LANCASTER AVE Wilmington, DE 19805

2,700 SqFt

SOLD DATE : 02/11/2022

Key Details

Sold Price $81,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $30

Subdivision Wilm #22

MLS Listing ID DENC2014924

Sold Date 02/11/22

Style Colonial

Abv Grd Liv Area 2,700

Originating Board BRIGHT

Year Built 1919

Annual Tax Amount $2,144

Tax Year 2021

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 20.00 x 90.50

Property Description

Looking for a multi-family, cash flow, value add? Your search is now over! This Hilltop triplex is large and could be back in charge with a savvy new owner whom has some resources and motivation to return this property to a desirable condition and either add or start their real estate investment portfolio! Common hallway greets you upon entry and leads up three stories. Main floor unit is spacious with expansive living area, oversized kitchen/dining combination, two cozy bedrooms, full bathroom, rear yard and basement access. Basement is partial with access to crawl space for a majority of the rear portion of the structure. There are three gas meters, two electric hot water tanks, and two electric panels in the lower level. Second unit consists of the entire middle floor. Features spacious living area which provides access for two bedrooms and on the opposite side of the space is a kitchen with a spot for a table and then leads to full bathroom on the rear. There is a mechanical space which is accessible from the hallway as well as inside the unit and it provides an electric panel and hot water tank. Third level unit enters into kitchen area which then leads to living space and bedroom with full bathroom off the bedroom. Property is ready for your mechanical and cosmetic upgrades to return it to its formal glory and then to be put into service. Cash or private/hard money funding would be the best solution and once complete and occupied, a refinance into long term, stable debt could be the play. Don't miss out on an excellent opportunity to deploy your cash and creativity to acquire this property and take the deep dive into real estate ownership!

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-3

Rooms

Basement Interior Access, Partial, Unfinished

Interior

Hot Water Electric

Heating Baseboard - Electric, Forced Air

Cooling None

Flooring Carpet, Vinyl

Fireplace N

Heat Source Electric, Natural Gas

Exterior

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Christina

Others

Tax ID 26-034.30-033

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Joseph P Hurley III • Pantano Real Estate Inc
Bought with Manthan Shah • Century 21 Gold Key Realty

Betty Brown Vivian

Agent | License ID: 0225257091

+1(703) 402-1677

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