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    306-308 Main Street

    WILMINGTON, DE 19804
    • $389,900
    • STATUS: Active
    • ON SITE: 2 days
    • ID#: DENC523996
    UPDATED: 38 min ago
    $389,900
    • 3
      BEDS
    • 0.12
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 3,300
      SQFT
    • $118
      $/SQFT
    Neighborhood:
    Type:
    Villa/Townhouse
    Built:
    1900
    County:

    School Ratings & Info

    School District:

    Description

    Too many options to name. Yet, let me try! This is a detached duplex, meaning it was a detached single-family that was converted into a duplex. Each side features on the main floor area, an enclosed front porch area, a living room, a dining room, an eat-in kitchen, and a laundry area. The 2nd floor features 3 bedrooms and a full bath. The attic is accessible via a set of steps ( not a ladder) and runs the length of the house. The storage capacity in the attic is huge. The basement is unfinished, yet also runs about 3/4 length of the house and adds additional storage. Yes, I know this is not what makes the house worth the asking price. Add to that that the property is zoned commercial, meaning you can run a storefront downstairs, and make the upstairs into 2 apartments. Or you can live and work on one side while collecting rent on the other side. Or just keep it as a rental unit. The property currently has a tenant in each unit, and they are willing, actually would love to stay if possible. Current rental income is just under $ 30,000 a year. Both properties are managed by a property management company. Did I mention that the neighbor fenced in his side of their parking lot (a busy restaurant) next door that closes around mid-day, what gives you lots of exposure to marketing a business from home if you like? Also, by fencing in their side, your side got fenced in also. Imagine a fully fenced-in yard and it is not your financial responsibility to maintain or replace it. The back yard has become a paved parking lot with room for 4-5 cars as well as street parking in front of the unit. These units would be great to run a small business from as the street is lined with commercial businesses, from car dealerships, restaurants, law offices, etc. The front porch and fencing do buffer most of the noise from the traffic that drives by. Like I said, so many options !!! Tenants are on-premises, 48 hr notice required, no exception will be made. Buyers need to be pre-approved or able to show proof of funds if they state it to be a cash deal prior to scheduling a showing appointment. Masks and gloves required while on-premises.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Bass Group, Real Estate Teams, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-04-10T07:52:05.393.
    www.jimbassgroup.com/homes/115827382
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    306-308 Main Street WILMINGTON, DE 19804

    • Price: $389,900
    • Status: Active
    • Updated: 38 min ago
    • ID#: DENC523996
    3
    Beds
    1
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,300
    SQFT
    $118
    $/SQFT
    1900
    Built
    Neighborhood:
    None Available
    County:
    New Castle
    Area:
    Elsmere/Newport/Pike Creek (30903)
    School District:
    Red Clay Consolidated
    Property Description
    Too many options to name. Yet, let me try! This is a detached duplex, meaning it was a detached single-family that was converted into a duplex. Each side features on the main floor area, an enclosed front porch area, a living room, a dining room, an eat-in kitchen, and a laundry area. The 2nd floor features 3 bedrooms and a full bath. The attic is accessible via a set of steps ( not a ladder) and runs the length of the house. The storage capacity in the attic is huge. The basement is unfinished, yet also runs about 3/4 length of the house and adds additional storage. Yes, I know this is not what makes the house worth the asking price. Add to that that the property is zoned commercial, meaning you can run a storefront downstairs, and make the upstairs into 2 apartments. Or you can live and work on one side while collecting rent on the other side. Or just keep it as a rental unit. The property currently has a tenant in each unit, and they are willing, actually would love to stay if possible. Current rental income is just under $ 30,000 a year. Both properties are managed by a property management company. Did I mention that the neighbor fenced in his side of their parking lot (a busy restaurant) next door that closes around mid-day, what gives you lots of exposure to marketing a business from home if you like? Also, by fencing in their side, your side got fenced in also. Imagine a fully fenced-in yard and it is not your financial responsibility to maintain or replace it. The back yard has become a paved parking lot with room for 4-5 cars as well as street parking in front of the unit. These units would be great to run a small business from as the street is lined with commercial businesses, from car dealerships, restaurants, law offices, etc. The front porch and fencing do buffer most of the noise from the traffic that drives by. Like I said, so many options !!! Tenants are on-premises, 48 hr notice required, no exception will be made. Buyers need to be pre-approved or able to show proof of funds if they state it to be a cash deal prior to scheduling a showing appointment. Masks and gloves required while on-premises.
    Exterior Features

    Architectural Style Traditional Construction Materials Vinyl Siding Garage YN No Other Structures Above GradeBelow Grade Parking Features Paved Parking Parking Types Off SiteParking LotOn Street Pool No Pool Riparian Rights YN No Roof Composite Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 3300 Appliances DishwasherExhaust FanOven/Range - ElectricOven/Range - GasRefrigeratorWasher/Dryer Hookups OnlyWater Heater Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Fireplaces Total 0 Flooring Fully CarpetedVinylTile/Brick Heating 90% Forced AirCentral Heating YN Yes Inclusions Refrigerator1 in Each Unit306 Has A Gas Stove308 is Electric. Dishwasher in Both Units Interior Features AtticCarpetDining AreaKitchen - Eat-In Levels 3 Main Level Bedrooms 0 Upper Level1 Bedrooms 3 Walls Ceilings Plaster WallsDry Wall

    Property Features

    Acceptable Financing CashConventionalFha Accessibility Features None Assessment Year 2020 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 304547171003 Ownership Interest Fee Simple Possession 90-120 Days Cd Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 1826.00 Tax Assessment Amount 55200.00 Tax Lot 064 Total Actual Rent 29880.00 Vacation Rental YN No Water Source Public Zoning Cn

    Listing courtesy of Real Estate Services Group.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Bass Group, Real Estate Teams, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-04-10T07:52:05.393.
     
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    Jim Bass Group, Real Estate Teams, LLC
    617 W Patrick St
    Frederick MD, 21701