400 W 21st Street, Wilmington, DE 19802

$350,000
  • 400 W 21st Street, Wilmington, DE 19802 Main Photo

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New to the Market ACTIVE
BEDS0 BATHS SQUARE FEET2,900 MLS#DENC2111042
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWILMINGTON SCHOOLRED CLAY CONSOLIDATED

Property Description

**Incredible "House or Investment Opportunity in Historic Wilmington!** **Property Type:** Triplex **Location:** Historic Wilmington, DE **Gross Income:** $3,400/month Own a piece of history with this rock-solid triplex situated in a beautiful, historic Wilmington neighborhood! Featuring "good solid bones" and a prime location, this property is perfect for a savvy investor or a buyer looking to live in one unit while the other two pay the mortgage. Located just a stone's throw from downtown, your tenants will love being walking distance to vibrant nightlife, dining, and entertainment, while enjoying the charm of a historic district. **The Units & Occupancy** * **Unit 1 , 2 &3:** Currently occupied by solid, reliable tenants who take great care of the property. * **Unit1:** Will be delivered fully vacant by the end of the month. This is the perfect blank canvas for an owner-occupant to move right in, or for an investor to place a new tenant at market rent. * **Spacious Layouts: apartment 1 & 2 boasts exceptionally large 2 bedrooms `and unit 3 offers 1 bedroom and generous, full-sized kitchens. ### **Financials & Utilities** * **Strong Cash Flow:** Currently pulling in approximately $3,400 a month. * **Low Landlord Overhead:** All units are on completely separate utilities. Each unit features its own gas line and individual meters, keeping owner expenses to an absolute minimum. * **Value-Add Potential:** Features an on-site pay/coin laundry area to generate additional monthly income. ### **Additional Features** * **Parking:** Includes a highly coveted private garage. * **Condition:** Well-maintained with great structural integrity. ### **Showing Instructions** **Limited Showings Only.** Out of respect for the current residents, showings are limited and require advance notice. Tenants must be present during viewings. Please contact the listing agent to schedule your private tour. Limited Showing Times Only As the tenants prefer to be present for all Showings Mondays and Thursdays 5:pm-8:pm Saturdays 12:00-3pm 1st Floor tenant will be out by September 25,2026

400 W 21st Street | MLS# DENC2111042

This multi-family property located at 400 W 21st Street, Wilmington, DE 19802 is currently listed for sale with an asking price of $350,000. W 21st Street is located within the RED CLAY CONSOLIDATED school district. Search Wilmington real estate on www.maverickrealtyusa.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Fuel Type: Natural Gas Available
Garage: 1
Heating: Baseboard - Electric
Home Style: Colonial
Lot Size: 0.06 Acres
Roof Type: Architectural Shingle
Taxes: $5,402
Year Built: 1919

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Dryer - Electric, Oven/Range - Gas, Washer, Water Heater
Days on Site: 6
Electric: Circuit Breakers
Exterior: Brick
Exterior: Fire Escape
Flooring: Wall to Wall Carpeting
Interior: Carpet, Kitchen - Eat-In
Lot Dimensions: 0.06 Acre(S)
One Bedroom Units: 1
Parking Notes: Public
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 1
Two Bedroom Units: 2
Units: 3
Utilities: Natural Gas Available
Water: Public

Local Schools

School District: RED CLAY CONSOLIDATED

Listed By / Shown By

Listed By

Agency Name: Century 21 Gold Key Realty
Agency Phone: 3023695397

Shown By

Agency Title: Maverick Realty, LLC
Agency Phone: (302) 365-8297

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Estimated Payment

$ 1,331.20 per month $778.95 Principal & Interest $450.17 Property Tax $102.08 Homeowner's Insurance

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