101 E 35th St, Wilmington, DE 19802
Local realty services provided by:CENTURY 21 New Millennium
101 E 35th St,Wilmington, DE 19802
$595,000
- 6 Beds
- - Baths
- 2,800 sq. ft.
- Multi-family
- Active
Listed by: kevin hobbs
Office: coldwell banker realty
MLS#:DENC2113680
Source:BRIGHTMLS
Price summary
- Price:$595,000
- Price per sq. ft.:$212.5
About this home
**INVESTORS & FUTURE OWNER-OCCUPANTS—IMMEDIATE RENTAL INCOME WITH ADDITIONAL UPSIDE!** This detached Wilmington triplex offers a compelling combination of established income, substantial capital improvements, and future equity-building potential. Currently generating $4,900/month in reported rental income, the property offers the potential for positive cash flow even at the asking price under illustrative financing and expense assumptions. **An example Investment Value & Cash Flow Analysis is available in the attached MLS documents.** The building has undergone extensive improvements, including roof and siding upgrades, an attractive stone façade, added gutters, refreshed landscaping, and new mini-split supplemental heat and air. The second- and third-floor apartments are completely renovated and fully furnished, each featuring a new private deck. All three levels offer mini-split air conditioning and supplemental heating alongside natural gas radiator heat. The spacious first-floor residence features a private covered front porch and an opportunity for cosmetic improvements to further enhance value. **OWNER-OCCUPANT OPPORTUNITY:** Consider making the first floor your home while rental income from the upper levels helps offset housing expenses as you build equity in the entire property! The first-floor apartment is tenant-occupied under a lease ending March 2027; future occupancy is subject to existing lease terms, tenant rights, and lawful possession. Rental income and financial projections are subject to buyer verification. **A versatile income-producing property with major improvements already completed and additional opportunities to build long-term wealth!**...
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Home facts
- Year built:1935
- Listing ID #:DENC2113680
- Added:1 day(s) ago
- Updated:October 30, 2026 at 05:45 AM
Rooms and interior
- Bedrooms:6
- Flooring:Carpet, Ceramic Tile, Luxury Vinyl Plank
- Kitchen Description:Built-In Microwave, Built-In Range, Dishwasher, Disposal, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Energy Efficient Appliances, Oven/Range - Gas, Water Heater - High-Efficiency
- Living area:2,800 sq. ft.
Heating and cooling
- Cooling:Ductless/Mini-Split, Multi Units, Programmable Thermostat
- Heating:Hot Water, Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1935
- Building area:2,800 sq. ft.
- Lot area:0.11 Acres
- Architectural Style:Colonial
- Construction Materials:Shingle Siding, Stone, Stucco
- Foundation Description:Block
Schools
- High school:BRANDYWINE
- Middle school:SPRINGER
- Elementary school:CARRCROFT
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$595,000
- Price per sq. ft.:$212.5
- Tax amount:$4,261 (2025)
Features and amenities
- Amenities:100 Amp Service, Insulated Windows, Intercom
Parking
- Parking description:On Street
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