This meticulously renovated duplex in Wilmington, Delaware's desirable Hedgeville neighborhood presents a rare investment opportunity. Priced at $265,000, this Class C multifamily property offers immediate cash flow with both units currently tenant-occupied. The property boasts a total of 1,825 square feet and features a thoughtfully designed layout. The first floor unit comprises one bedroom and one bathroom, while the second floor unit offers three bedrooms and three bathrooms. Its convenient location provides easy access to major transportation arteries, including I-95 and the Amtrak station, placing residents within minutes of downtown Wilmington and its many attractions. The elegant and timeless architecture of the Hedgeville neighborhood adds to the property's appeal. This turnkey investment is perfect for those seeking a hassle-free entry into the Wilmington real estate market, offering a strong return on investment from day one. The property is located at 1230 Linden St, Wilmington, DE 19805, in New Castle County.

Property type Residential income homes

Total area 1,825 SF

UPID US17-0159550

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

1230 Linden St Wilmington, DE 19805

Wilmington metro

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