tomo logo

$265,000

Beds
6
Baths
2.0
sq ft
2,050

615 N Harrison St, Wilmington, DE 19805

615 N Harrison St

WILMINGTON, DE 19805

  • 16 days on market
Investors, take notice! This 6-bedroom, 2-bathroom home is a fantastic income-producing property with a month-to-month long-term tenant already in place, generating $1,650 per month in rental income. The home features a welcoming front porch, a spacious layout, and is situated in a prime location with easy access to shopping, dining, and major roadways—ensuring consistent rental demand. With a tenant already in place, this property offers immediate cash flow and the potential for future appreciation. Whether you're looking to expand your portfolio or secure a strong investment, this is an opportunity you don’t want to miss! Schedule your private showing today!

Details

Property type

Townhouse

Est. home value

$210,169

Lot size

1,742 sq ft

Price per sq ft

$130

Year built

1920

Annual property taxes

$1,446

HOA

No

Price History

03/21/2025
Bright

Bright #DENC2078186

Listed
$265,000

Schools & Community

Neighborhood: 

West Hill

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

Lima One Capital Llc

Loan start date

March 2023

Original loan amount

$1,092,700

Est. remaining balance

Not provided

Interest rate

6.12%

Loan type

Commercial, 30 year

Seller

Frec Iv 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 3:40 PM

Listing updated: 03/21/2025 at 5:41 PM

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

MLS: Bright #DENC2078186

Bright logo

Recently listed in WILMINGTON

$390,000|3 bd|1.5 ba|House
$249,900|3 bd|1.5 ba|Townhouse
$1,550,000|5 bd|4.5 ba|House
$445,000|3 bd|1.5 ba|Townhouse
$1,750,000|5 bd|5.5 ba|House
$340,000|3 bd|2.5 ba|Townhouse
$350,000|3 bd|1.0 ba|House
$349,995|2 bd|2.5 ba|Townhouse
$425,000|4 bd|1.5 ba|House

Explore top cities in Delaware