400 W 21st St, Wilmington, DE 19802

$350,000
: 5
BD
: 3
BA
: 2,900
SqFt

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List Price: $350,000
Days on Market: 0
Status: COMING SOON
MLS#: DENC2111024
Bedrooms: 5
Bathrooms: 3
Full Baths: 3
Living Area: 2,900
Lot Size (Acres): 0.06
Style: Colonial
Year Built: 1906
County: New Castle
School District: Red Clay Consolidated

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Property Description

**Incredible "House or Investment Opportunity in Historic Wilmington!** **Property Type:** Triplex **Location:** Historic Wilmington, DE **Gross Income:** $3,400/month Own a piece of history with this rock-solid triplex situated in a beautiful, historic Wilmington neighborhood! Featuring "good solid bones" and a prime location, this property is perfect for a savvy investor or a buyer looking to live in one unit while the other two pay the mortgage. Located just a stone's throw from downtown, your tenants will love being walking distance to vibrant nightlife, dining, and entertainment, while enjoying the charm of a historic district. **The Units & Occupancy** * **Unit 1 , 2 &3:** Currently occupied by solid, reliable tenants who take great care of the property. * **Unit1:** Will be delivered fully vacant by the end of the month. This is the perfect blank canvas for an owner-occupant to move right in, or for an investor to place a new tenant at market rent. * **Spacious Layouts: apartment 1 & 2 boasts exceptionally large 2 bedrooms `and unit 3 offers 1 bedroom and generous, full-sized kitchens. ### **Financials & Utilities** * **Strong Cash Flow:** Currently pulling in approximately $3,400 a month. * **Low Landlord Overhead:** All units are on completely separate utilities. Each unit features its own gas line and individual meters, keeping owner expenses to an absolute minimum. * **Value-Add Potential:** Features an on-site pay/coin laundry area to generate additional monthly income. ### **Additional Features** * **Parking:** Includes a highly coveted private garage. * **Condition:** Well-maintained with great structural integrity. ### **Showing Instructions** **Limited Showings Only.** Out of respect for the current residents, showings are limited and require advance notice. Tenants must be present during viewings. Please contact the listing agent to schedule your private tour. Mondays and Thursdays 5:pm-8:pm Saturdays 12:00-3pm 1st Floor tenant will be out by September 25,2026

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