Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1000.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Ductless, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    On Street

  • Patio and Porch Features

    Deck

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Lot Size(square feet)

    871

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Other

Price

  • Sales Price

    $350,000

  • Tax Amount

    $809

  • Financing Options

    Cash, Conventional, FHA

  • Sq. Footage

    1,000

  • Price/SqFt

    $350

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • New Construction

    NO

  • Foundation Details

    Concrete Perimeter

  • Sewer

    Public Sewer

  • Tax Lot

    277

  • Water Source

    Public

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Location

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NEW CASTLE

Elementary School

Middle School

High School

Listing Courtesy of Steven Seymour, VRA Realty

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Recently renovated in 2023, this side-by-side duplex offers an incredible opportunity for investors or savvy house hackers! Previously used as an Airbnb for the past two years, this property is move-in ready and perfectly located just two blocks from the Market Street Mall, Del Tech Community College, Wilmington's business district, major hospitals, and I-95.

Unit 1 features convenient one-floor living on the main level with 1 bedroom, 1 bathroom, a living room, kitchen, and access to an unfinished basement for additional storage. Unit 2 has a private entrance leading upstairs to a full kitchen, living room, small dining area, hall laundry closet, one bedroom, and a bathroom. The third floor offers three additional bedrooms and a second full bathroom.

Utilities are separate, making this an ideal live-in and rent opportunity. Live in one unit and rent the other to offset your mortgage or add to your investment portfolio.

Don't miss your chance to own a turn-key duplex in the heart of Wilmington!

221 W SIXTH STREET

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Welcome to 1014 N Adams St in Wilmington! This two unit property is great for an investor looking to build their portfolio. Both units have two bedrooms and a full bathroom and have been nicely updated along with still having historical charm. Centrally located in the Trinity Vicinity of Wilmington, close to public transportation, I-95 and more!
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The second-floor apartment currently has a good tenant in place who would like to stay and maintain the apartment well. Rent is $1,200 per month, and the tenant pays electric and gas.  Third floor apartment is similar and has a new tenant in place, also paying 1$200/month. Upon entering the apartments, the first bedroom is on the left and offers a generous closet. Toward the front of the property is the second bedroom, also with a good closet. The apartment includes an updated bathroom, followed by the kitchen, which offers generous counter space, a compact refrigerator, and ample cabinetry. The kitchen could also function as a small eat-in space. At the front of the property is the living room, which benefits from excellent natural light from both sides due to the corner location.
The third-floor apartment has a very similar layout to the second floor. The unit has just been painted, updated with new flooring, and refreshed. Estimated rent is $1,200 per month. All units are currently tenant-occupied, fully rented with great cash-flow.
The basement contains separate utilities for the units, including four electrical panels (three units plus a landlord panel), three hot water heaters, and three gas furnaces, with two located in the basement and one located in a closet within the third-floor apartment. The basement also provides additional storage space.
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