Sold

1127 Lancaster Avenue, Wilmington, DE 19805

Beds
3
Bath
1
Sqft
1,075

View property features, location on map, relevant school information and overview from seller's agent.

Listed byEmpower Real Estate, LLC
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Overview

INVESTOR ALERT! Prime Opportunity – Investment or Starter Home! Don’t miss this excellent opportunity to own a 3-bedroom, 1-bath townhome with strong investment potential. Currently occupied by a long-term, month-to-month tenant who is open to staying—and aware that rent adjustments may occur under new ownership—this property offers immediate rental income. A New Roof was installed in 2024, and the Hot Water Heater and Furnace are only seven years old and have been serviced regularly.
With a bit of TLC, there is significant upside in both property value and potential rental income. Similar homes in the area are generating rents between $1,200 and $1,500 per month, creating a path for increased cash flow. Located in a high-demand rental area, this home offers convenient access to shopping, dining, and major roadways—ideal for both tenants and future buyers. Whether you are an experienced investor or looking for your next project, this property is brimming with possibilities. Schedule your private showing today! Property is being sold As-Is.

Location

Full feature list

Basic info

Property type
Townhouse
Number of bedrooms
3
Number of bathrooms
1
Square feet
1,075
Lot size (acres)
0.02
Year built
1900

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Natural gas, Forced air
Cooling
Window unit(s), Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$566

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: DENC2080906 Last checked:

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