BEDS0
BATHS
SQUARE FEET2,500
MLS#DENC2094920
STATUSPENDING
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTRINITY VICINITY
SCHOOLCHRISTINA
Property Description
Prime Investment Opportunity – Fully Rented Triplex in Historic Trinity Vicinity. High Demand Location. Solid income-producing triplex located at 906 N. Madison Street, set on a charming, tree-lined block in the highly desirable Historic Trinity Vicinity. This fully leased, three-unit property offers an attractive and versatile unit mix, including one efficiency studio unit with one full bath, one spacious 2-bedroom split unit with 2 full bathrooms, and one 2-bedroom one full bath flat on the first floor—appealing to a broad tenant base. Ideally positioned within walking distance to offices, retail, dining, the post office, and public transportation, this location supports strong rental demand and long-term stability. A turnkey opportunity for investors seeking a well-located, income-generating multi-unit asset in the heart of the city. Tenant pays for heat, electricity and hot water. Landlord pays for water & sewer. 2 Bedroom 2 Bath Unit rent is $1,325. 2 Bedroom 1 Bath Unit rent is $1,250. Studio rent is $875. Gross rent for all three units is $41,400. Management fee is 8%. Buyer is not obligated to use the current Management Company.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall Unit
Fuel Type: Electric
Heating: Hot Water, Baseboard - Electric
Home Style: Traditional
Lot Size: 0.09 Acres
Taxes: $2,832
Year Built: 1840
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 55
Exterior: Brick
Lot Dimensions: 0.09 Acre(S)
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Studio Efficiency Units: 1
Two Bedroom Units: 2
Units: 3
Water: Public
Local Schools
High School: CHRISTIANA
Middle School: BAYARD
Elementary School: STUBBS
School District: CHRISTINA
Listed By / Shown By
Listed By
Agency Name: BHHS Fox & Roach - Hockessin
Agency Phone: 3029999999
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,167.38 per month $823.46 Principal & Interest $236.00 Property Tax $107.92 Homeowner's InsuranceChange Payment Information
906 N Madison Street | MLS# DENC2094920
This multi-family property located at 906 N Madison Street, Wilmington, DE 19801 is currently listed for sale with an asking price of $370,000. N Madison Street is located within the CHRISTINA school district. Search Wilmington real estate on www.realtymarkllc.com today.