Wilmington, DE 19806,1313 GILPIN AVE
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Wilmington, DE 19806,1313 GILPIN AVE
Wilmington, DE 19806,1313 GILPIN AVE
Wilmington, DE 19806,1313 GILPIN AVE
Wilmington, DE 19806,1313 GILPIN AVE

$550,000

Est. payment /mo

$549,000

0.2%
Est.Price: ?

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1313 GILPIN AVE Wilmington, DE 19806

2,750 SqFt

SOLD DATE : 06/24/2021

Key Details

Sold Price $550,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,750 sqft

Price per Sqft $200

Subdivision Trolley Square

MLS Listing ID DENC528000

Sold Date 06/24/21

Style Victorian

HOA Y/N N

Abv Grd Liv Area 2,750

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $4,967

Tax Year 2020

Lot Size 2,178 Sqft

Acres 0.05

Property Description

Two words best describe this Trolley Square apartment building, TURN-KEY! Comprised of one 2BR and three 1BR apartments, this investment is ready for it's next owner. All four tenants were professionally vetted and screened. All four units have been updated, including a massive first floor 2BR unit with an open concept kitchen/living room and in-unit laundry. The building screams character with a two-story turret and period architectural details throughout. Many major building components have been recently replaced (roof 2018) and the slate facade was repaired and fully painted to complete a low-maintenance exterior. Rents are $1,350, $1,000, $930, and $895. All leases are annual. Electric is split per unit, including a house meter for common areas. There is a central gas-fired Weil McLean boiler. The basement houses laundry and extra storage. Owner-paid utilities average about $400/month and include heat, common area electric, and water/sewer. Add this to your investors list, it won't last long!

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning R2A

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Exterior Feature Porch(es)

Water Access N

Accessibility None

Porch Porch(es)

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-020.20-244

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Patrick D Lorenz • Patterson-Schwartz - Greenville
Bought with Jordan Oncay • Long & Foster Real Estate, Inc.

Tracy Marshall

License ID: 678268

+1(443) 306-7673

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