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USADEWilmingtonNone Available905 E 17Th St
905 E 17 Th St, Townhouse with 2 bedrooms, 1 bathrooms and null parking in WILMINGTON DE | Image 1
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$130,000

905 E 17 Th St, Wilmington, DE

Townhouse

For Sale

$--,---,---
210
  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 1025 sqft
Garage No
Taxes $766
Days Active 1
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $126
MLS® Number DENC2083030

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

💰 High-Yield Turnkey Rental | 8.7% Cap Rate | Fully Occupied Investors—unlock solid returns with 905 E. 17th St, a cash-flowing, tenant-occupied townhome in Wilmington’s revitalizing East Side. Currently generating $1, 295/month in rent from a Section 8 tenant, this property brings in strong income with a great operating expense ratio—ideal for long-term hold strategies or out-of-state investors looking for stable returns with minimal headaches. 📊 Investment Snapshot: Current Rent: $1, 295/mo (tenant in place) 2024 Gross Income: $15, 485 2024 Operating Expenses: $4, 130 Net Operating Income: $11, 355 Cap Rate @ $130K: 8.7% Operating Expense Ratio: 26% 📍 Located minutes from Downtown Wilmington, I-95, and public transit, this property offers both cash flow and long-term appreciation potential. The rent roll and payment history show consistency and solid tenant retention. Whether you’re expanding your portfolio or seeking your first profitable turnkey asset, this is a plug-and-play rental with strong fundamentals. 📞 Request the rent roll, full financials, or schedule a walk-through today—opportunities like this don’t sit long.Show Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® NumberDENC2083030
Laundry Level
Central VacNo
FireplaceNo
Acreage0.03
Exterior
GarageNo
Approx. Age1900
BasementFull, Unfinished
DrivewayOn Street
Garage Spaces
HeatForced Air, Natural Gas
A/CNone
Heating Fuel

Extras

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