Another Property Sold - 1017 N Madison Street, Wilmington, DE 19801

by Natasha Khingelova 04/01/2023

1017 N Madison Street, Wilmington, DE 19801
MultifamilySold
List Price $435,000
Sold Price $435,000
1017 N Madison Street
Wilmington, DE 19801
Listed by: Brokers Realty Group, LLC, (855) 687-2765
MLS: Bright MLS
3,000Sq Ft
Est. Mortgage
$2,345/mo

Rarely available updated triplex within Trinity Vicinity, convenient to downtown and I-95! This property was fully renovated in compliance with city codes in 2018, including the installation of a full fire-suppression system. Each unit has updated kitchen and bath. The windows were replaced. Lots of updated lighting. The overall property is in good condition, but keep in mind that it is approximately 140 years old, so it is not going to be "perfect". Each room within each unit has a mini-split unit for efficient heating and air-conditioning. There is a gas water heater for each unit. The 1st floor includes 3 bedrooms plus a common living area, a full bath and kitchen, plus multiple access points to the outside. The 2nd floor features tall ceilings, lots of natural light and includes 3 bedrooms, a full bath and kitchen. The 3rd floor includes 2 bedrooms, a common area (that could be used as a 3rd bedroom) plus an updated kitchen and bath. There is room for off-street parking in the rear for 2-3 cars. This property should be a great investment based on the current market rents.

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About the Author
Author

Natasha Khingelova

Hi, I'm Natalia Khingelova and I'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.