tomo logo

$175,000

Beds
4
Baths
1.5
sq ft
1,250

1902 Lancaster Ave, Wilmington, DE 19805

1902 Lancaster Ave

WILMINGTON, DE 19805

  • 29 days on market
Come tour this duplex opportunity, zoned commercial, in a great neighborhood next to Italian Ristorante Attilio. This property is currently set up as a 4-bed, 1.5 bath house, but the C-2 zoning designation allows it to be converted back into a duplex if desired. The first floor would be a 1-bedroom unit and rent for about $1100/month. This unit could also be rented out to a business. The second floor unit would be a 2-bedroom unit and rent for about $1300/month. The second floor would need a kitchen added into one of the bedroom areas. Both units are currently vacant. Currently, there are 4 spacious bedrooms and a full bathroom upstairs with a powder room off the living room downstairs. The dining room and kitchen are spacious. Some TLC is needed. Please inquire with any questions.

Details

Property type

Townhouse

Lot size

1,307 sq ft

Price per sq ft

$140

Year built

1920

Annual property taxes

$2,738

HOA

No

Price History

02/12/2025
Bright

Bright #DENC2075994

Listed
$175,000

Schools & Community

Neighborhood: 

Bayard Square

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

Mary T Marconi

Loan start date

April 2001

Original loan amount

$42,000

Est. remaining balance

$0

Interest rate

7.5%

Loan type

Not Provided, 20 year

Seller

Mcmike Inc

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: 03/12/2025 at 8:50 PM

Listing updated: 02/28/2025 at 9:59 PM

Listed by: Shane M Pezick, RE/MAX Associates-Wilmington Phone #: (302) 477-3900

MLS: Bright #DENC2075994

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