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Nick Lutkins

nick@lutkinsgroup.com +1(703) 626-6276

$359,900

Est. payment - /mo

1,878 SqFt

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UPDATED:

03/03/2025 12:06 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,878 sqft

Price per Sqft $191

Subdivision Union Park Gardens

MLS Listing ID DENC2076660

Style Straight Thru

Abv Grd Liv Area 1,878

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $1,633

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Property Description

This charming triplex in the desirable Union Gardens neighborhood offers a great investment opportunity with stable rental income. Two of the units are currently occupied by long-term, well-established tenants with leases through 2026, while the third unit is vacant and ready for new tenants or owner-occupancy. The first-level unit is a spacious 3-bedroom, 1-bathroom home, which previously rented for $1,400 per month including $150 for the parking spot in the rear garage. The large bedrooms are complemented by a comfortable living room and an updated full bathroom, while the kitchen, located at the back of the home, has direct access to the detached garage. The second-level houses two 2-bedroom, 1-bathroom units, each currently rented for $1,200 per month and are access by a separate side entrance. One unit has a separate living room and kitchen, while the other features an open-concept living room and kitchen. All three units come equipped with newer ranges and refrigerators (installed in 2022), and the hot water heater is brand new (2025). The roof was replaced in 2019, and the valances were updated in 2022 along with the furnace, ensuring peace of mind for years to come. The basement, though unfinished, offers valuable storage space and includes a shared, coin-operated washer and dryer for all tenants. Additionally, the detached garage provides $150 per month in additional rental income. With recent updates and long-term tenants in place, this triplex is a solid, income-producing property in a highly sought-after location.

Location

State DE

County New Castle

Area New Castle/Red Lion/Del.City (30904)

Zoning RESIDENTIAL

Rooms

Basement Full, Unfinished

Interior

Hot Water Electric

Heating Radiator

Cooling Window Unit(s)

Inclusions All 3 ranges and Refrigerators, Washer and Dryer

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-026.20-085

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Tatyana A Barrett • Redfin Corporation

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Nick Lutkins

+1(703) 626-6276

Team Leader, Realtor

1904 W 6TH ST Wilmington, DE 19805

Nick Lutkins

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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