215 W 6th St, Wilmington, DE 19801

$375,000
1,525
SqFt

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List Price
$375,000
Days on Market
0
Status
ACTIVE
MLS#
DENC2110434
Living Area
1,525
Lot Size (Acres)
0.02
Style
Unit/Flat
Year Built
1900
County
New Castle
School District
Christina

Property Description

Looking for a multifamily investment where the heavy lifting is already done? Welcome to 215 W 6th Street, a fully occupied Wilmington duplex offering an appealing combination of immediate income, updated interiors, and future rent-growth potential. Both units are already leased, allowing the next owner to step into an operating property from day one. Inside, the residences have been thoughtfully updated with bright finishes, modern kitchens, stainless steel appliances, updated flooring, and comfortable two-bedroom layouts designed for long-term living. Unit 1 offers two bedrooms and one full bath, while Unit 2 offers two bedrooms, two full baths, and an open kitchen and living area centered around a spacious breakfast bar. The result is a property that feels polished and tenant-ready rather than like another renovation project waiting to happen. The current rents provide income immediately, while the existing rent structure may also offer an opportunity for future increases as leases turn over and market conditions allow. That gives an investor the best of both worlds: a stabilized asset today with room to improve performance over time. No major renovation plan. No vacant units to fill. No waiting months for the property to start producing. Whether you're purchasing your first duplex or adding another asset to an established portfolio, 215 W 6th Street offers a compelling opportunity to acquire a turnkey, income-producing property with additional upside ahead. The property is occupied, the income is in place, and the foundation for future growth is already here.

Additional Information

Area
Wilmington (30906)
Subdivision
Wilmington
Taxes
$3634
Stories
2
School District
Christina
Middle School
Bayard
Heating
Central
Heating Fuel
Central
Cooling
Central A/C
Utilities
Cable TV Available, Electric Available, Phone Available, Water Available, Sewer Available
Water
Public
Sewer
Public Sewer
Basement
Yes

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of VRA Realty. Contact: 4848001777