101 E 35th Street Wilmington, DE 19802
Listing Courtesy of: BRIGHT IDX / Listed By: Kevin Hobbs, Coldwell Banker Realty

  101 E 35th Street Wilmington, DE 19802

Active (2 Days)
$595,000 (USD)

Description

**INVESTORS & FUTURE OWNER-OCCUPANTS—IMMEDIATE RENTAL INCOME WITH ADDITIONAL UPSIDE!** This detached Wilmington triplex offers a compelling combination of established income, substantial capital improvements, and future equity-building potential. Currently generating $4,900/month in reported rental income, the property offers the potential for positive cash flow even at the asking price under illustrative financing and expense assumptions. **An example Investment Value & Cash Flow Analysis is available in the attached MLS documents.** The building has undergone extensive improvements, including roof and siding upgrades, an attractive stone façade, added gutters, refreshed landscaping, and new mini-split supplemental heat and air. The second- and third-floor apartments are completely renovated and fully furnished, each featuring a new private deck. All three levels offer mini-split air conditioning and supplemental heating alongside natural gas radiator heat. The spacious first-floor residence features a private covered front porch and an opportunity for cosmetic improvements to further enhance value. **OWNER-OCCUPANT OPPORTUNITY:** Consider making the first floor your home while rental income from the upper levels helps offset housing expenses as you build equity in the entire property! The first-floor apartment is tenant-occupied under a lease ending March 2027; future occupancy is subject to existing lease terms, tenant rights, and lawful possession. Rental income and financial projections are subject to buyer verification. **A versatile income-producing property with major improvements already completed and additional opportunities to build long-term wealth!**

MLS #:
DENC2113680
Taxes
$4,261(2025)
Lot Size
4,791 SQFT
Type
Multifamily
Year Built
1935
Style
Colonial
School District
Brandywine
County
New Castle County

Listed By

Kevin Hobbs, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Oct 29 2026 at 1:38 PM GMT+0000
Bathroom Details
Interior Features
  • Dishwasher
  • Disposal
  • Dryer
  • Energy Star Refrigerator
  • Oven/Range - Gas
  • Walls/Ceilings: Dry Wall
  • Energy Star Clothes Washer
  • Intercom
  • Built-In Range
  • Energy Efficient Appliances
  • Built-In Microwave
  • Energy Star Dishwasher
  • Water Heater - High-Efficiency
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Block
Heating and Cooling
  • Hot Water
  • Programmable Thermostat
  • Ductless/Mini-Split
  • Multi Units
Flooring
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank
Exterior Features
  • Shingle Siding
  • Stone
  • Stucco
  • Mixed
  • Roof: Shingle
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
School Information
  • Elementary School: Carrcroft
  • Middle School: Springer
  • High School: Brandywine
Living Area
  • 2,800 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/29/26 06:38