Fully Leased Triplex with Basement
1310 N FRENCH St Wilmington, DE 19801
For Sale
$315,000
Well-maintained triplex features four electric meters and three rental units, providing turnkey residential income occupancy.
Days on Market54
Property Features for 1310 N FRENCH St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing Agency:
(302) 499-4049
Listed By:
Tracy L Burnett
(302) 499-4049
Source:
Elliman
Added: Jun 1
Changed: Jul 10
Last Checked: Jul 23 at 9:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tracy L Burnett
Investment Insights
Based on property information with market context.
This triplex offers three separate residential units with updated interior finishes. Unit A is located on the first floor and includes two bedrooms and one bathroom, along with a large eat-in kitchen and basement access. Unit B is a one-bedroom, one-bath unit on the second floor. Unit C is a studio. The property has newer flooring and fresh paint completed before the current occupants moved in. Exterior and mechanical-related improvements include a re-coated flat roof and replacement of E-boxes and flashing in 2025.
The building is positioned near Mid-Town Brandywine, with downtown Wilmington dining options and access to the Brandywine Trails described in the remarks. The property also includes individual metering infrastructure, with four separate electric meters and one water meter, supporting independent utility tracking by unit.
The current configuration is suited to an owner seeking a leased, low-touch residential income property with defined unit layouts. Showing requests require 48+ hours’ notice due to three occupied units, and unit photos were taken within the past two years. The arrangement of bedrooms, kitchen space, and basement access in Unit A may appeal to a range of tenant types, while Units B and C offer smaller-footprint alternatives within the same building.
The building is positioned near Mid-Town Brandywine, with downtown Wilmington dining options and access to the Brandywine Trails described in the remarks. The property also includes individual metering infrastructure, with four separate electric meters and one water meter, supporting independent utility tracking by unit.
The current configuration is suited to an owner seeking a leased, low-touch residential income property with defined unit layouts. Showing requests require 48+ hours’ notice due to three occupied units, and unit photos were taken within the past two years. The arrangement of bedrooms, kitchen space, and basement access in Unit A may appeal to a range of tenant types, while Units B and C offer smaller-footprint alternatives within the same building.
Key Highlights
- Triplex with 3 rental units, fully leased for $2,900/mo total
- Unit A: 2 bed/1 bath on the 1st floor with eat‑in kitchen and basement access; back bedroom has sitting area and back door
- Unit B: 1 bed/1 bath on the 2nd floor leased for $950/mo
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained triplex features four electric meters and three rental units, providing turnkey residential income occupancy.
Where is this triplex located?
The property is located at 1310 N FRENCH St Wilmington, DE.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Triplex with 3 rental units, fully leased for $2,900/mo total; Unit A: 2 bed/1 bath on the 1st floor with eat‑in kitchen and basement access; back bedroom has sitting area and back door; Unit B: 1 bed/1 bath on the 2nd floor leased for $950/mo
