811 Bennett St, Wilmington, DE 19801
Local realty services provided by:CENTURY 21 Downtown
811 Bennett St,Wilmington, DE 19801
$425,000
- 5 Beds
- - Baths
- 1,925 sq. ft.
- Multi-family
- Active
Listed by: kevin hobbs
Office: coldwell banker realty
MLS#:DENC2112540
Source:BRIGHTMLS
Price summary
- Price:$425,000
- Price per sq. ft.:$220.78
About this home
*** Online pictures are from original renovation, prior to rental ***
Turnkey Wilmington duplex with strong in-place income and meaningful recent reinvestment in the surrounding block. Bennett Street has benefited from ongoing neighborhood revitalization, including numerous renovated homes and improved streetscape conditions, as reflected in the current exterior photos. Fully renovated in 2024 and fully occupied, the property includes a 3BR/2BA unit and a 2BR/1BA unit producing $48,588 in current annual rent. At the $425,000 asking price, illustrative investor underwriting using 20% down and a 7.50% interest rate projects approximately $543/month in cash flow, a 1.23 DSCR and a 7.7% cash-on-cash return before closing costs and taxes. Well suited for either an investor seeking immediate income or an owner-occupant looking to offset housing costs with rental income. Buyer to verify all income, expenses, financing, and investment assumptions.
Showings will be available from 1pm-3pm on Tues & Thur, by appointment only. Call the agent if you are interested but can't make either window....
Contact an agent
Home facts
- Year built:1990
- Subdivision & Development:NONE AVAILABLE
- Listing ID #:DENC2112540
- Added:15 day(s) ago
- Updated:October 21, 2026 at 01:43 PM
Rooms and interior
- Bedrooms:5
- Rooms Total:9
- Flooring:Luxury Vinyl Plank
- Kitchen Description:Built-In Microwave, Disposal, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Energy Efficient Appliances, Oven/Range - Gas, Stainless Steel Appliances, Water Heater - High-Efficiency
- Living area:1,925 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Pitched
- Year built:1990
- Building area:1,925 sq. ft.
- Lot area:0.05 Acres
- Construction Materials:Brick
- Foundation Description:Block
Schools
- High school:NEWARK
- Middle school:DOUGLASS SCHOOL
- Elementary school:BANCROFT
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$220.78
- Tax amount:$2,975 (2025)
Features and amenities
- Amenities:200+ Amp Service, Double Hung Windows, Double Pane Windows, Security System
Parking
- Parking description:On Street
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