120 N Lincoln Street, Wilmington, DE 19805-3412 $195,000
With Pending Contract
Interior Sq. Ft: 1,300
Acreage: 0.03
Age:104 years
Taxes: $1,368
Subdivision: Little Italy
Design/Type:
Interior Row/Townhouse
Description
Welcome to 120 North Lincoln Street, a two unit apartment building. This is your chance to have someone else pay your mortgage, live in the first floor and rent the second floor. Also great for an investor to add to their portfolio or the new investor looking to start their portfolio with great cash flow. Both units have separate electric, separate heat and hot water. Walk into the first floor unit with an open concept. The living room boasts laminate floors with a nicely designed kitchen that has recently been renovated. The breakfast bar is the perfect spot for morning coffee for you or your new tenant. The bedroom has new carpeting and the bathroom has new flooring as well. There is direct access to the back yard which is fenced in for privacy. The second floor unit is currently occupied with a tenant that has been there for several years and would like to stay. The second floor unit has a newer heater in the unit as well as central air conditioning. It is a one bedroom apartment with an eat in kitchen. The bedroom is a nice sized room off of the generously sized living room. The building has lots of upgrades including some new windows, newer heaters, newer water heater. The first floor unit is currently not occupied, making it easy for you to place your new tenant at market rent or move in and let the second floor unit pay your mortgage. The exterior of the building has recently been painted and looks great. This is a great location close to shops, restaurants and parks.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Forced Air Heating, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Full Basement, Fully Carpeted Flooring, Vinyl Flooring
Exterior
Stone Foundation, Brick Exterior, Frame Exterior, Sidewalks
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
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Public Elementary (31 schools)
Public Middle (12 schools)
School | District | Grades | Place | Distance |
---|---|---|---|---|
Douglass School | Christina School District | 1–12 | Wilmington | 0.72 mi |
First State School | Red Clay Consolidated School District | 1–10 | Wilmington | 1.27 mi |
duPont (Alexis I.) Middle School | Red Clay Consolidated School District | 6–8 | Greenville | 1.54 mi |
The Bancroft School | Christina School District | 1–9 | Wilmington | 1.59 mi |
Odyssey Charter School | Odyssey Charter School | K–12 | Wilmington | 1.63 mi |
duPont (Pierre S.) Middle School | Brandywine School District | 6–8 | Wilmington | 2.44 mi |
Gateway Charter School | Gateway Charter School | 3–8 | Wilmington | 2.82 mi |
McCullough (Calvin R. ) Middle School | Colonial School District | 6–8 | New Castle | 3.46 mi |
Leach (John G.) School | Colonial School District | Preschool–12 | New Castle | 4.24 mi |
Springer Middle School | Brandywine School District | 6–8 | Wilmington | 4.43 mi |
Stanton Middle School | Red Clay Consolidated School District | 6–8 | Wilmington | 4.74 mi |
Read (George) Middle School | Colonial School District | 6–8 | New Castle | 4.88 mi |
Public High (16 schools)
Private (32 schools)
© 2024 LiveBy. All Rights Reserved.
This report is a detailed community overview for Wilmington (19805), Delaware.
Community Quick Facts
- Average travel time to work for people in this community: 22
- Average salary of people in this community: $40,573
Community Summary
- Population Density (ppl / mile): 7,227
- Household Size (ppl): 2.55
- Households w/ Children: 67%
Housing Inventory
- Owned: 7,776 (44.8%)
- Rented: 7,080 (40.8%)
- Vacant: 2,486 (14.3%)
- Total: 17,342
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 7.0%
- Some High School: 8.9%
- High School Graduate: 41.2%
- Some College: 15.5%
- Associate Degree: 5.8%
- Bachelor's Degree: 13.7%
- Graduate Degree: 8.0%
Income by dollar range
Median Income: $47,885
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $800
- One Bedroom: $855
- Two Bedroom: $1,029
- Three Bedroom: $1,219
- Four Bedroom: $1,426
© 2024 LiveBy. All Rights Reserved.
Contact Information
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or call me now at 302-893-2219
Listing Courtesy of: EXP Realty, LLC , (888) 543-4829, de.broker@exprealty.net
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Listing data as of 12/25/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.