$ 360,000
-
$360,000
Price -
4
Bed -
0
Bath -
2,500
SqFt
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About the Listing 61022 - 3154670,3158407
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.
Listing Highlights
Status
Active With Contingency
Days on Site
28
Property Type
Multi-Family
MLS ®
DENC2094920
Year Built
1840
Total Square Footage
2,500
Lot/Acreage
0.09
County
New Castle
Neighborhood
Trinity Vicinity
Area
Wilmington (30906)
School District
Christina
Elementary School
Stubbs
Middle School
Bayard
High School
Christiana
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall Unit
- Heating: Hot Water,Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2500
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Lot Dimensions: 22.50 x 150.00
- Zoning: 26R-4
- Roof:
- Others: Good
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $2,832
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
906 N Madison St Wilmington, DE 19801
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