CHARIS REALTY GROUP

Traditional

1127 LANCASTER AVENUE

WILMINGTON, DE 19805

MLS#: DENC2080906

$139,900

Status: Closed
Listing number: DENC2080906
Listing provided by: Empower Real Estate, LLC
Listing agent phone: None
Last update: 1 year, 2 months ago
On site: 1 year, 3 months ago
Browse Properties
WILM #26 - Residential

Property

Beds

3

Full Baths

1

1/2 Baths

None

Year Built

1900

Sq.Footage

1,075

INVESTOR ALERT! Prime Opportunity – Investment or Starter Home! Don’t miss this excellent opportunity to own a 3-bedroom, 1-bath townhome with strong investment potential. Currently occupied by a long-term, month-to-month tenant who is open to staying—and aware that rent adjustments may occur under new ownership—this property offers immediate rental income. A New Roof was installed in 2024, and the Hot Water Heater and Furnace are only seven years old and have been serviced regularly. With a bit of TLC, there is significant upside in both property value and potential rental income. Similar homes in the area are generating rents between $1,200 and $1,500 per month, creating a path for increased cash flow. Located in a high-demand rental area, this home offers convenient access to shopping, dining, and major roadways—ideal for both tenants and future buyers. Whether you are an experienced investor or looking for your next project, this property is brimming with possibilities. Schedule your private showing today! Property is being sold As-Is.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    1

  • Above Grade Finished Area

    1075.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Lot Size(square feet)

    871

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Traditional

Price

  • Sales Price

    $139,900

  • Tax Amount

    $566

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    1,075

  • Price/SqFt

    $130

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Stone

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    501

  • Water Source

    Public

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Location

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NEW CASTLE

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Listing Courtesy of Ricky A Hagar , Empower Real Estate, LLC

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Agent Margo Miller

AGENT

Margo Miller

Call Margo today to schedule a private showing.

(301) 524-0999

(340) 913-9339

margo@charisrealty.com


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INVESTOR ALERT! Prime Opportunity – Investment or Starter Home! Don’t miss this excellent opportunity to own a 3-bedroom, 1-bath townhome with strong investment potential. Currently occupied by a long-term, month-to-month tenant who is open to staying—and aware that rent adjustments may occur under new ownership—this property offers immediate rental income. A New Roof was installed in 2024, and the Hot Water Heater and Furnace are only seven years old and have been serviced regularly. With a bit of TLC, there is significant upside in both property value and potential rental income. Similar homes in the area are generating rents between $1,200 and $1,500 per month, creating a path for increased cash flow. Located in a high-demand rental area, this home offers convenient access to shopping, dining, and major roadways—ideal for both tenants and future buyers. Whether you are an experienced investor or looking for your next project, this property is brimming with possibilities. Schedule your private showing today! Property is being sold As-Is.

1127 LANCASTER AVENUE

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