1201 Wilmington Road, New Castle, DE 19720-3643 $440,000

# of Units: 4
Interior Sq. Ft: 2,400
Acreage: 0.24
Age:88 years
Taxes: $2,370
MLS#: DENC520500
Subdivision: Baldton
Design/Type:
Detached

Description

Attention aspiring or experienced landlords! Excellent opportunity to create a portfolio and have this be the cornerstone of it, or add to an existing one. Single tax parcel, two separate structures, four units total. Main building is an all brick cape surrounded by a stone wall, set back and elevated high above Wilmington Road. Main building consists of two units; one three bedroom on the lower level, one two bedroom on the upper level and is accessed via separate exterior entrances. Basement is accessed through exterior entrance as well. Front porch for the warmer months approaching (Can't Wait...), grassy knoll area between the structures, and plenty of parking on Brylgon Ave. for all tenants and guests alike. Second structure fronting on side street has two units, one bedroom each and are accessed separately through exterior entrances. Utilities are housed on the rear of the property and accessed via outside entrance. This building also has a one car attached garage that is perfect for storage, could be rented, or combined with main floor unit to create a second bedroom and increase monthly rent. All systems separate except water. So tenants pay electric, gas, heat, ECT. Fully occupied and performing, this property creates an exceptional opportunity to take advantage of todays ultra low interest rate and friendly lending environment to put your money to work via something other than Reddit forums and create wealth the old fashioned way!

Taxes: $2,370
Home Assoc: No
Condo Assoc: No
Garage: Y
Basement: Y
Pool: No Pool
School Dist: Colonial

Features

Utilities
Forced Air Heating, Hot Water Heating, Natural Gas, Central A/C, Electric, Hot Water - Electric, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
Detached Garage, Driveway, On Street, Garage - Front Entry, Garage - Side Entry, Detached Garage Spaces #: 1;

Interior
Full Basement, Unfinished Basement, Walkout Level Basement, Carpet Flooring, Hardwood Flooring, Laminated Flooring, Vinyl Flooring, Dry Wall, Plaster Walls

Exterior
Slab Foundation, Stone Foundation, Pitched Roof, Shingle Roof, Brick Exterior, Exterior Lighting, Sidewalks, Street Lights

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (18 schools)

School District Grades Place Distance
Castle Hills Elementary School Colonial School District Preschool–5 New Castle 0.53 mi
Leach (John G.) School Colonial School District Preschool–12 New Castle 0.8 mi
The Colwyck Center Colonial School District Preschool–5 New Castle 0.82 mi
Charter School of New Castle Charter School of New Castle K–8 New Castle 0.88 mi
New Castle Elementary School Colonial School District K–5 New Castle 0.9 mi
Eisenberg (Harry O.) Elementary School Colonial School District K–5 New Castle 1.02 mi
Downie (Carrie) Elementary School Colonial School District K–5 New Castle 1.07 mi
Wilmington Manor Elementary School Colonial School District K–5 New Castle 1.3 mi
The Wallace Wallin School Colonial School District Preschool–12 New Castle 1.41 mi
Pleasantville Elementary School Colonial School District K–5 New Castle 3.46 mi
Richardson Park Learning Center Red Clay Consolidated School District Preschool–5 Wilmington 3.64 mi
Richardson Park Elementary School Red Clay Consolidated School District K–5 Wilmington 3.68 mi
Richey Elementary School Red Clay Consolidated School District K–5 Wilmington 3.84 mi
Elbert-Palmer Elementary School Christina School District Preschool–5 Wilmington 3.95 mi
Pulaski (Casimir) Elementary School Christina School District Preschool–5 Wilmington 4.28 mi
Bancroft Elementary School Christina School District Preschool–5 Wilmington 4.61 mi
First State Montessori Academy First State Montessori Academy K–5 Wilmington 4.87 mi
Stubbs (Frederick Douglass) Elementary School Christina School District K–5 Wilmington 4.89 mi

Public Middle (5 schools)

School District Grades Place Distance
Leach (John G.) School Colonial School District Preschool–12 New Castle 0.8 mi
Read (George) Middle School Colonial School District 6–8 New Castle 1.31 mi
The Wallace Wallin School Colonial School District Preschool–12 New Castle 1.41 mi
McCullough (Calvin R. ) Middle School Colonial School District 6–8 New Castle 1.56 mi
Bayard Middle School Christina School District 6–8 Wilmington 4.74 mi

Public High (8 schools)

School District Grades Place Distance
Leach (John G.) School Colonial School District Preschool–12 New Castle 0.8 mi
Penn (William) High School Colonial School District 9–12 New Castle 1.34 mi
The Wallace Wallin School Colonial School District Preschool–12 New Castle 1.41 mi
Delaware Academy of Public Safety and Security Delaware Academy of Public Safety and Security 9–12 New Castle 1.53 mi
Delaware Military Academy Delaware Military Academy 9–12 Wilmington 3.44 mi
Conrad Schools of Science Red Clay Consolidated School District 6–12 Wilmington 3.9 mi
Delcastle Technical High School New Castle County Vocational-Technical School District 8–12 Wilmington 4.95 mi
Howard High School of Technology New Castle County Vocational-Technical School District 8–12 Wilmington 4.97 mi

Private (7 schools)

School Grades Place Distance
St Peter Catholic School Roman Catholic Preschool–8 New Castle 0.78 mi
Delaware Christian Academy Baptist Preschool–8 New Castle 1.26 mi
Serviam Girls Academy Roman Catholic 5–8 New Castle 1.64 mi
St Michaels School & Nursery Inc Nonsectarian Preschool–K Wilmington 4.64 mi
St Peter Cathedral School Roman Catholic Preschool–8 Wilmington 4.68 mi
Nativity Preparatory School Of Wilmington Roman Catholic 5–8 Wilmington 4.7 mi
High Road School Of Delaware Nonsectarian 4–12 Wilmington 4.73 mi

© 2021 LiveBy. All Rights Reserved.

This report is a detailed community overview for New Castle (19720), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 25
  • Average salary of people in this community: $42,967

Community Summary

  • Population Density (ppl / mile): 1,492
  • Household Size (ppl): 2.83
  • Households w/ Children: 67%

Housing Inventory

  • Owned: 14,752 (64.6%)
  • Rented: 6,610 (28.9%)
  • Vacant: 1,475 (6.5%)
  • Total: 22,837

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 61,152
Households: 21,362
Median Age: 37.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 4.1%
  • Some High School: 8.2%
  • High School Graduate: 38.8%
  • Some College: 21.9%
  • Associate Degree: 7.3%
  • Bachelor's Degree: 12.2%
  • Graduate Degree: 7.5%

Income by dollar range

Median Income: $59,348

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $867
  • One Bedroom: $875
  • Two Bedroom: $1,092
  • Three Bedroom: $1,258
  • Four Bedroom: $1,480

© 2021 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of:
Alliance Realty

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 6/19/2021.

1201 Wilmington Road, New Castle, DE 19720-3643

Share on Facebook
Share on Twitter
Pin It
Copy Link
Email It