tomo logo

$135,000

Beds
3
Baths
1.0
sq ft
975

214 5th Ave, Wilmington, DE 19805

214 5th Ave

WILMINGTON, DE 19805

  • 21 days on market
Investor Alert! Currently tenant-occupied with rent at $1,295 per month so it is a perfect opportunity with consistent cash flow. This spacious 3 bedroom and 1 bath home had many recent improvements such as fresh paint, newly renovated bathroom and new carpet right before these tenants moved in. 48-hour notice required for all showings. Don’t miss out on this great opportunity to own a newly renovated property in Wilmington. Contact us today for more details or to schedule a showing!

Details

Property type

Townhouse

Est. home value

$109,195

Lot size

871 sq ft

Price per sq ft

$139

Year built

1900

Annual property taxes

$1,372

HOA

No

Price History

03/17/2025
Bright

Bright #DENC2077664

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

Lima One Capital Llc

Loan start date

December 2022

Original loan amount

$447,860

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Commercial

Seller

Frec Ii Llc

Lender

Stormfield Capital Funding I Llc

Loan start date

September 2021

Original loan amount

$1,300,000

Est. remaining balance

Not provided

Interest rate

2.78%

Loan type

Commercial

Seller

Frec Ii 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 8:45 PM

Listing updated: 03/21/2025 at 3:41 PM

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

MLS: Bright #DENC2077664

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