120 North Lincoln Street

Wilmington, DE 19805

$195,000
Price
2
Beds
2
Baths
1,300 Sq. Ft.
$150 / Sq. Ft.
1,300
Sq. Ft.
$150
per Sq. Ft.

Description

Welcome to 120 North Lincoln Street, a two unit apartment building. This is your chance to have someone else pay your mortgage, live in the first floor and rent the second floor. Also great for an investor to add to their portfolio or the new investor looking to start their portfolio with great cash flow. Both units have separate electric, separate heat and hot water. Walk into the first floor unit with an open concept. The living room boasts laminate floors with a nicely designed kitchen that has...Welcome to 120 North Lincoln Street, a two unit apartment building. This is your chance to have someone else pay your mortgage, live in the first floor and rent the second floor. Also great for an investor to add to their portfolio or the new investor looking to start their portfolio with great cash flow. Both units have separate electric, separate heat and hot water. Walk into the first floor unit with an open concept. The living room boasts laminate floors with a nicely designed kitchen that has recently been renovated. The breakfast bar is the perfect spot for morning coffee for you or your new tenant. The bedroom has new carpeting and the bathroom has new flooring as well. There is direct access to the back yard which is fenced in for privacy. The second floor unit is currently occupied with a tenant that has been there for several years and would like to stay. The second floor unit has a newer heater in the unit as well as central air conditioning. It is a one bedroom apartment with an eat in kitchen. The bedroom is a nice sized room off of the generously sized living room. The building has lots of upgrades including some new windows, newer heaters, newer water heater. The first floor unit is currently not occupied, making it easy for you to place your new tenant at market rent or move in and let the second floor unit pay your mortgage. The exterior of the building has recently been painted and looks great. This is a great location close to shops, restaurants and parks.
  1. Listed by Erik Bashford • EXP Realty, LLC
    P: (302)-540-8048 bashford@bashfordrealestate.com
  2. Listed by Eric Ray Foraker • EXP Realty, LLC
    P: (856)-266-4732 ericrforaker@yahoo.com

Property Details for 120 North Lincoln Street

Tax ID Number
26-026.40-284
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
11-19-2024
Subdivision
LITTLE ITALY
LISTING UPDATED: 12/12/2024 08:54 AM

Property Details for 120 North Lincoln Street

StatusActive Under Contract
MLS #DENC2072032
Days on Market25
Taxes$1,368 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.03 AC / 1,307 SF
CountyNew Castle County

Building Information for 120 North Lincoln Street

Stories-Residences1Year Built1920Building Size-Lot Size0.03 AC / 1,307 SF

Property Information for 120 North Lincoln Street

Location
Location
  • In City Limits: Yes
  • School District Name: RED CLAY CONSOLIDATED
  • School District County ID: 300200396545
  • SchoolDistrictSource: Listing Agent
  • County: NEW CASTLE
  • MLS Area: Wilmington (30906)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $29,900
  • Year Assessed: 2022
  • County Tax: $75
  • Improvement Assessed Value: $27,100
  • City Town Tax: $555
  • Land Assessed Value: $2,800
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: 26R-4
  • Tax Lot: 284
  • School Tax: $738
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: Occupied month to month
  • Total Rooms: 3
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: VACANT
  • Total Rooms: 3
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 1,300.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 14.00 x 81.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2403058
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: New Castle County Board of REALTORS
  • List Agent URL: BashfordRealEstate.com

Property History for 120 North Lincoln Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 120 North Lincoln Street

Taxable ValueLand$2,800Additions$27,100Total$29,900
Tax Record2024$933 ($78 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,300 SqFtAbove Grade Finished SqFt1,300 SqFtStories2Lot Size1,307 SqFtStyleSingle Family ResidenceYear Built1920Zoning26R-4CountyNEW CASTLEAPN26-026.40-284

Schools near 120 North Lincoln Street

This home is within Red Clay Consolidated School District.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Warner Elementary School
Public3 to 5

duPont (H.B.) Middle School
Public6 to 8

duPont (Alexis I.) High School
Public9 to 12

Calloway (Cab) School of the Arts
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.