105 E Holly Oak Road
WILMINGTON, DE 19809
- – beds
- – baths
- 1,875 sqft
- 10,454 sqft lot
- $213 per sqft
- 1920 build
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Welcome to Holly Oak Terrace, an idyllic community in North Wilmington where history meets modern convenience. Nestled less than a quarter-mile from the Delaware River, this fully detached tri-plex presents a unique opportunity to own a home already generating revenue as well as two vacant move-in ready units. With recent updates, including recent plumbing improvements, this isn't a listing you'll want to miss. This charming property stands out with its extra-large lot, providing ample off-street parking for all occupants. Comprising three well-maintained units, each with two bedrooms, this tri-plex boasts a thoughtful layout. The common area entrance grants access to the main floor unit, while a staircase leads to the second floor, offering formal access to units two and three. Unit one enjoys a private entrance through the spacious east-facing porch. The second-floor unit has recently undergone a refreshing update, making it move-in ready for you or a prime opportunity to place a tenant and generate cash flow. Meanwhile, the third-floor unit offers a unique layout, with interior access and a private exterior entrance via wooden steps from the yard. The utilities are efficiently managed with electric hot water and baseboard heating, leaving the owner responsible for water/sewer, common area electricity, trash removal, and the maintenance associated with landscaping and snow removal. This property is an excellent entry point for those beginning their real estate investment journey with this property being well maintained by its current owner. For seasoned investors, it adds a valuable asset to a flourishing portfolio. Alternatively, for a primary resident, living in one unit while letting the other two generate cash flow is an enticing proposition. Opportunities like this in such a sought-after location are rare, so seize the chance to own a piece of Holly Oak Terrace. Whether you're starting your real estate journey or expanding your portfolio, this tri-plex is a gem waiting for its next chapter. Don't hesitate—schedule a viewing today!
Listing courtesy of BRIGHT / Tesla Realty Group, LLC
Last checked:
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Last updated Dec 12, 2024
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MLS# DENC2061328 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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Year Major Reno/Remodel:2020
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Roof:Pitched, Shingle
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New Construction:No
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Construction Materials:Frame
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Building Levels:3
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Building Units Total:3
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Structure Type:Detached
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Architectural Style:Colonial
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Partial
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
Interior
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Flooring Type:Carpet, Vinyl
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Fireplace:No
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Wall & Ceilings:Dry Wall, Plaster Walls
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1875
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Living Area SqFt:1,875 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA 203(k)
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Buyer Financing:VA
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Possession:Immediate
Location
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Directions:Conveniently located off Philadelphia Pike - E Holly Oak Rd - Turn near Seasons Pizza.
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Cross Street:Ridge Rd
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Latitude:39.78665000
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Longitude:-75.48039000
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.24
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Lot Size Source:Assessor
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Lot Size Dimensions:100.00 x 140.00
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Lot Dimensions Source:Assessor
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Lot SqFt:10,454 Sqft
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Exclusions:Tenant Personal Property
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Zoning:NC6.5
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In City Limits:No
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Outdoor Living Structures:Porch(es)
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 494-3897
- Office phone:
- (844) 837-5274
Taxes
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Tax ID Number:06-116.00-099
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Tax Year:2022
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Tax Annual Amount:$1,698
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Tax Assessed Value:$48,000
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Year Assessed:2022
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Brandywine
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School District Source:Listing Agent
The Community
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Subdivision Name:Holly Oak
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Exterior Features:Exterior Lighting, Street Lights
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Transportation:Commuter Lots less than 5 miles, Commuter Rail Station 1 to 5 miles, Bus Stop less than 1 mile
Parking
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Total Garage and Parking Spaces:4
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Garage:No
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Type of Parking:Off Street
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Off Street - # of Spaces:4
Extra Units
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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Two Bedroom Units:3
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/21/24
Jun 21, 2024
|
Sold | BRIGHT | $400,000 | -3.6% |
5/14/24
May 14, 2024
|
Pending | BRIGHT | $415,000 |