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$135,000

Beds
2
Baths
1.0
sq ft
725

106 Cedar St, Wilmington, DE 19805

106 Cedar St

WILMINGTON, DE 19805

  • 20 days on market
This newly renovated (2023) 2-bedroom, 1-bathroom home is a prime income-generating opportunity, with a tenant already in place, providing $1,175 in monthly rental income. Inside, you'll find a spacious living room and a dedicated dining area, offering a comfortable layout. The home also features a rear storage room with access to the backyard, perfect for additional space or outdoor convenience. A full basement provides extra storage or potential for future use. With modern updates, a solid rental history, and turnkey investment potential, this property is an excellent addition to any portfolio. Schedule your private showing today!

Details

Property type

Townhouse

Est. home value

$108,782

Lot size

1,307 sq ft

Price per sq ft

$187

Year built

1920

Annual property taxes

$928

HOA

No

Price History

03/18/2025
Bright

Bright #DENC2077880

Listed
$135,000

Schools & Community

Neighborhood: 

Browntown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CHRISTINA

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jlj Capital Nj Llc

Loan start date

February 2022

Original loan amount

$1,258,400

Est. remaining balance

Not provided

Interest rate

3.11%

Loan type

Commercial

Seller

Frec Vii Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/07/2025 at 9:05 PM

Listing updated: 03/18/2025 at 6:14 PM

Listed by: Jessica Stiner, RE/MAX Edge Phone #: (302) 442-4200

MLS: Bright #DENC2077880

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