1402 Gilpin Avenue
Wilmington, DE 19806
MLS #7102807

Multi-Family
  • 3units
  • 4beds
  • 3baths
  • 0.12acres
  • 2,875sq ft
ACTIVE $429,000
Est. P&I payment: $1638.49/mo
1402 Gilpin Avenue, Wilmington, DE 19806
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Description for 1402 Gilpin Avenue, Wilmington, DE 19806
Lovely Multi Unit home opportunity in Trolley Square. This is the great investment! Top notch Restaurants and Pubs within walking distance. Always something fun to do. Rent out all of the units, or live in one, and rent the other two! First floor has 1 bedroom, 1 full bath, a flowing living room & dining room area with a generous sized kitchen. This unit shows as an open and airy modern living space with a fireplace in the living area. Easy access to a large fenced back yard. Great for the pet enthusiast. On the second floor you will find a 2 bedroom apartment with a full bath and a bonus all season room overlooking the sizable back yard. Great for entertaining. Hardwoods throughout. You will enjoy the timeless character of this unit, along with beautiful Mahogany doors. Unit on the 3rd floor has 1 bedroom and a bath plus nice sized living area and also offers a new Trek Deck out back. Plenty of closet and/or storage space in all units. This home also offers the rare find of a one car garage plus 1 extra space off street parking. Almost unheard of in Trolley Square. Rent this out for extra income or enjoy it yourself! There is full basement for storage and comes with a shared laundry area. You will also find another full bath in the basement. The basement space is large enough for you to finish into 4th unit, or whatever space your imagination can create? Possibilities unlimited at 1402 Gilpin. Excellent investment opportunity in Trolley Square. Just a 3 minute walk and you are at the heart of all the excitement of the main square and The Brandywine Park. City living at her best! Location, location, location Please contact Listing agent for private showings. 24 hour notice needed as 2 units are occupied by long term tenants. The 2nd floor unit is owner occupied. Tenants currently on a month to month. No photos provided for Apartment 1 and 3 as they are tenant occupied. More than 73k in updates since 2011. You won't be disappointed!
MLS #7102807
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My Notes for MLS #7102807

General Features

  • Property Type: Multi-Family
  • Building Floors: 3
  • Design: ConvDwlg
  • Entrance: Foyer,​CommonEntr
  • Floor: Wood
  • Gross Square Feet: 2,875
  • Land Square Feet: 5,227
  • Total Units: 3
  • Unit 1 Lease End: MONTH TO MONTH
  • Unit 2 Lease End: OWNER OCCUPIED
  • Unit 3 Lease End: MONTH TO MONTH
  • Property Age: 103
  • County: NEW CASTLE
  • Subdivision: TROLLEY SQUARE

Exterior Features

  • Water Front: N
  • Exterior: Brick
  • Exterior Features: Sidewalks
  • Foundation: BlckBrck
  • Roof: ShingleRoof
  • Has Garage Flag: Y
  • Garage Spaces: 1-CarGarage
  • Garage Type: Detached
  • Parking: 1-CarParking

Interior Features

  • Basement: Y
  • Basement Type: Full,​Unfinished
  • Interior Features: CeilngFan(s)
  • Two Bedroom Unit Count: 1
  • Baths Full Unit 1: 1
  • Beds Unit 1: 1
  • Room Count Unit 1: 4
  • Baths Full Unit 2: 1
  • Beds Unit 2: 2
  • Room Count Unit 2: 5
  • Baths Full Unit 3: 1
  • Beds Unit 3: 1
  • Room Count Unit 3: 4

Utilities Features

  • Central Air: N

Financial Features

  • Unit 1 Monthly Rent: 1,200
  • Unit 2 Monthly Rent: 1,350
  • Unit 3 Monthly Rent: 1,100
  • Annual Heating Expense: 2,488
  • Annual Insurance Expense: 2,154
  • Annual Water Sewer Expense: 736
  • Tax Year: 2017
  • Total Assessment: 104,500
  • Total Taxes: 4,803

School Features

  • School District: Red Clay Consol

Miscellaneous Features

  • New Construction: N
  • Storage: Basement,​Attic
  • Type: SingleBldg

Location

 
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Directions to 1402 Gilpin Avenue, Wilmington, DE 19806
Pennsylvania to Rodney to Gilpin Ave
The listing information for 1402 Gilpin Avenue, Wilmington, DE 19806 was graciously provided by our friends at the listing brokerage, Coldwell Banker Preferred-Wilmington

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P&I Payment $1638.49
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Last Updated 01/20/2018 at 9:44am
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