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.
Sold for $185,000 on 01/10/25
$185,000
120 N Lincoln St, Wilmington, DE 19805
2beds
2baths
1,300sqft
Townhouse
Built in 1920
-- sqft lot
$207,900 Zestimate®
$142/sqft
$1,540 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 13, 2025 at 07:45am
Listed by:
Erik Bashford 302-540-8048,
EXP Realty, LLC,
Co-Listing Agent: Eric Ray Foraker 302-685-8458,
EXP Realty, LLC
Bought with:
Grace Mudrick, RS0025923
EMORY HILL REAL ESTATE SERVICES INC.
Source: Bright MLS,MLS#: DENC2072032

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,300
- Total interior livable area: 1,300 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Exterior features: Sidewalks
- Pool features: None
Lot
- Size: 1,307 sqft
- Dimensions: 14.00 x 81.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 26026.40284
- Zoning: 26R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Frame, Brick
- Foundation: Stone
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Little Italy
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,FHA 203(b)
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$207,900
2% more+ $4,158
With Zillow Showcase(estimated)
$212,058