315-17 CENTRAL AVE

$425,000

Wilmington, DE 19805
  • 2,675 Sq Ft
  • 0.21 Acres
  • Multifamily

Property Details

This is a rare investment opportunity to acquire a well-maintained duplex at 315-317 Central Ave in Wilmington, DE, offering both immediate rental income and significant potential future income. With two 3-bedroom, 2-bathroom units, this property is perfectly designed for long-term investment, providing the ideal setup for renters or owners looking for spacious living. Unit 315 has been completely renovated and is move-in ready, featuring modern updates throughout, including all new appliances. This unit is currently vacant, making it an excellent opportunity for an owner-occupant or to attract new tenants right away. Unit 317 is currently occupied by a tenant under a lease that runs through June 2025, paying $1,440/month with the potential to increase up to $1,800/month once the lease allows, offering substantial potential future income. The property is strategically located in a desirable area of Wilmington, with easy access to local amenities, shopping, dining, and public transportation. The combination of a renovated, vacant unit and an occupied unit with an established tenant makes this duplex an exceptional and rare investment opportunity. Whether you're looking to add to your portfolio or explore a property that provides both immediate and long-term rental income, this is a prime opportunity. Don’t miss your chance to own this income-producing duplex in a growing market. Schedule a showing today and seize this rare opportunity.

Overview

2675
DENC2079084
Apr 11, 2025
75.00 x 120.00 Square Feet
Other
RED CLAY CONSOLIDATED
$1,875
2024

Features

Central Air

Directions

From Kirkwood Hwy/ Rt 2 turn onto Central Ave

Presented by Rakan Abu-Zahra

Brokered by Keller Williams Realty Wilmington