tomo logo

$165,000

Beds
3
Baths
2.0
sq ft
25

1810 W 5th St, Wilmington, DE 19805

1810 W 5th St

WILMINGTON, DE 19805

  • 17 days on market
Charming Brick Row Home in Thriving Wilmington Neighborhood Welcome to this beautifully updated brick row home in the heart of Wilmington, Delaware! Perfectly situated within walking distance to the vibrant Union Street corridor, this property offers easy access to trendy bars, diverse restaurants, and boutique shopping, making it an ideal spot for urban living or a profitable investment. Key Features: Refinished Hardwood Floors: Gleaming hardwood floors grace the main and second levels, freshly refinished to highlight their timeless beauty. Modern Kitchen: The kitchen boasts stunning granite countertops, providing both style and functionality. Two Full Bathrooms: A rare find in this style of home, enjoy the convenience of a full bathroom on the main level and a second on the upper floor. Prime Location: Just steps away from Union Street, a thriving hub of dining, entertainment, and nightlife, making it a desirable address for tenants and homeowners alike. This property is not only a comfortable home but also an excellent investment opportunity. With strong rental demand in this sought-after neighborhood, the cash-on-cash return potential is impressive, offering a steady income stream for your rental portfolio. Don’t miss your chance to own a piece of Wilmington’s urban charm. Schedule a showing today and see all this fantastic property has to offer!

Details

Property type

Townhouse

Est. home value

$169,649

Lot size

871 sq ft

Price per sq ft

$6,600

Year built

1910

Annual property taxes

$567

HOA

No

Price History

12/05/2024
Bright

Bright #DENC2072920

Listed
$165,000

Schools & Community

Neighborhood: 

Little Italy

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

RED CLAY CONSOLIDATED

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

Pike Creek Mortgage Services Inc

Loan start date

July 2021

Original loan amount

$132,554

Est. remaining balance

$122,938

Interest rate

2.96%

Loan type

FHA, 30 year

Seller

Michael Anthony Reid

Lender

Delaware State Housing Authority

Loan start date

July 2021

Original loan amount

$5,302

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

2nd Mortgage made to cover Down Payment

Seller

Mortgagor Michael Anthony Reid

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: 12/22/2024 at 6:25 AM

Listing updated: 12/05/2024 at 10:59 AM

Listed by: Raymond Petkevis, Real Broker LLC Phone #: (855) 450-0442

MLS: Bright #DENC2072920

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