This end-of-row Eastside triplex presents an excellent opportunity for an investor looking to add an income-producing asset to an existing portfolio or establish a strong foundation for a new one. The property features durable masonry and heavy-timber construction, with two spacious 2-bedroom units and one 1-bedroom unit.
**Each unit has separate systems for heat, hot water, and electric, providing straightforward management and utility responsibility.**
The first-floor unit offers a private exterior entrance, while the second- and third-floor units are accessed through a shared interior staircase.
The 2nd and 3rd floor units are currently occupied, providing immediate rental income and an established tenant base from day one.
There is a fenced in back yard for the 1st floor unit to utilize. And also a fire escape for the 2nd and 3rd floor units.
With renovations, new construction, and neighborhood investment taking place on surrounding blocks, Wilmington’s Eastside is experiencing meaningful momentum. This is an opportunity to secure an income-producing property in a community poised for continued growth and transformation. Get in while the Eastside is turning the corner!
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Listing Snapshot
Price
$295,900
Days On Site
45 Days
Bedrooms
5
Inside Area (SqFt)
2,624 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1903
MLS® Number
DENC2109392
Status
Active
Property Tax
$3,108
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
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Recent Activity
3 weeks ago
Listing updated with changes from the MLS®
a month ago
Status changed to Active
a month ago
Price changed to $295,900
a month ago
Listing first seen on site
General Features
Acres
0.03
Foundation
Other
Parking
On StreetUnassigned
Property Sub Type
Triplex
Security
Smoke Detector(s)Fire Escape
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2624
SqFt Total
2624
Style
Dwelling w/Separate Living Area
Utilities
Natural Gas AvailableSewer AvailableWater AvailableElectricity Available
Water Source
Public
Zoning
26R-3
Interior Features
Appliances
Electric RangeElectric OvenGas Water HeaterExhaust FanMicrowaveRefrigerator
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