502 ESSEX AVENUE, WILMINGTON, DE 19804 US Wilmington Home for Sale, Kat Geralis

502 ESSEX AVENUE, WILMINGTON, Delaware

Property Details

Active

$425,000

Listing Information

  • MLS: DENC2038490
  • Bedrooms: 0
  • Baths: 0
  • Partial Baths: 0
  • Lot Size: 0.17
  • Heat Source: Hot Water,Radia

Property Description

Don't miss this rare gem! Unique opportunity for investors or owner occupant rental property. Well maintained multi-family property with 3 units plus a 2-car garage. This property offers a unique opportunity to defray your mortgage payment with rental income from the 2 other units. Main floor unit is a spacious 2 Bedroom, 1.5 bath with bonus room on the main level of this classic home, conveniently located off of Boxwood Road. This floor plan consists of 2 large bedrooms plus an office or bonus room, living room, dining room, screened front porch, eat-in kitchen. Refinished hardwood flooring throughout main living and bedrooms. Laundry included in the basement with lots of storage. Off street parking plus garage and fully fenced backyard. The kitchen was remodeled in 2018 to include new cabinets, stainless steel appliances, tile backsplash, luxury vinyl tile flooring and beautiful countertops. The 2nd floor unit in the main house is a huge 1 bedroom, 1 bath apartment with spacious Living room/ Dining room, Kitchen and front porch. Above the garage you will find a cozy 1 bedroom, 1 bath apartment with kitchen. Also fully renovated kitchen in 2018. Updates include, Insulated inside of garage, installed french drain with sump pump in basement, main level apt. recently painted as well as entire exterior of house and garage. All 3 apartments separately metered for Electric. Full basement with plenty of storage and walk out stairs with separate entrance. Centrally located near Amazon, Prices Corner shopping center, Rt. 141, with easy access to I-95, I-495, I-295 or Rt. 1.

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Kat Geralis Home Team Real Estate