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Sold for $130,000 on 05/30/25
  • $130,000

    1127 Lancaster Ave, Wilmington, DE 19805

    3beds
    1,075sqft
    Townhouse
    Built in 1900
    871 Square Feet Lot
    $-- Zestimate®
    $121/sqft
    $1,597 Estimated rent

    What's special

    INVESTOR ALERT! Prime Opportunity – Investment or Starter Home! Don’t miss this excellent opportunity to own a 3-bedroom, 1-bath townhome with strong investment potential. Currently occupied by a long-term, month-to-month tenant who is open to staying—and aware that rent adjustments may occur under new ownership—this property offers immediate rental income. A New Roof was installed in 2024, and the Hot Water Heater and Furnace are only seven years old and have been serviced regularly. With a bit of TLC, there is significant upside in both property value and potential rental income. Similar homes in the area are generating rents between $1,200 and $1,500 per month, creating a path for increased cash flow. Located in a high-demand rental area, this home offers convenient access to shopping, dining, and major roadways—ideal for both tenants and future buyers. Whether you are an experienced investor or looking for your next project, this property is brimming with possibilities. Schedule your private showing today! Property is being sold As-Is.

    Zillow last checked: 7 hours ago

    Listing updated: June 03, 2025 at 07:25am

    Listed by:

    Rick Hagar 302-738-2300,

    Empower Real Estate, LLC

    Bought with:

    Rick Hagar, 5000686

    Empower Real Estate, LLC

    Source: Bright MLS,MLS#: DENC2080906MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 176 Square Feet
    • Dimensions: 16 x 11
    Bedroom 2
    • Level: Upper
    • Area: 110 Square Feet
    • Dimensions: 10 x 11
    Bedroom 3
    • Level: Upper
    • Area: 110 Square Feet
    • Dimensions: 11 x 10
    Dining room
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 16 x 10
    Kitchen
    • Features: Kitchen - Gas Cooking
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 11 x 16
    Laundry
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 8 x 9
    Living room
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 16 x 11
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    • Laundry: Laundry Room
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,075
    • Total interior livable area: 1,075 sqft
    • Finished area above ground: 1,075
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 871 sqft
    • Dimensions: 16.00 x 60.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 26034.30501
    • Zoning: 26R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Wilmington
    • Subdivision: Wilm #26

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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