1028 Chestnut St
Listing Notes
Turn key investment opportunity located in the City of Wilmington, this 3-bedroom, 1.1-bathroom property is a fantastic addition to any investor's portfolio. Situated close to shopping, dining, and public transportation, the home offers convenience for tenants and value for investors. The property is currently under rented to a long-term tenant at $1,050 per month, with the tenant expressing a strong desire to stay, ensuring immediate and steady cash flow. Inside, the main level features a spacious living room, a formal dining area, a functional kitchen, and a convenient half bath. Upstairs, you'll find three well-sized bedrooms and a full bathroom. The unfinished basement provides ample storage space, further enhancing the property's utility. Don't miss this chance to secure a low-maintenance, income-generating property in a prime location!
Price in context
Cheaper than 50% of the 24 homes listed nearby right now, which run $69,000 to $165,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 1013 Chestnut St | $69,000 | 3 bd · 1 ba |
| 207 Porter St | $72,500 | 2 bd · 1 ba |
| 1024 Read St | $79,900 | 3 bd · 1 ba |
| 1120 Read St | $79,900 | 3 bd · 1 ba |
| 204 S Harrison St | $79,900 | 3 bd · 1 ba |
| 1126 Chestnut St | $85,000 | 3 bd · 1 ba |
| 1119 Lancaster Ave | $88,000 | 3 bd · 1 ba |
| 1108 Read St | $89,900 | 2 bd · 1 ba |
| 321 S Jackson St | $89,900 | 5 bd · 2 ba |
| 1008 Read St | $94,500 | 3 bd · 1 ba |
| 111 S Jackson St | $105,000 | 3 bd · 1 ba |
| 11 S Jackson St | $119,000 | 3 bd · 1 ba |
| 1103 Elm St | $120,000 | 3 bd · 1 ba |
| 1017 Linden St | $120,000 | 2 bd · 1 ba |
| 1021 Linden St | $120,000 | 2 bd · 1 ba |
| 1016 Chestnut St | $125,000 | 2 bd · 1 ba |
| 1117 Chestnut St | $130,000 | 2 bd · 1 ba |
| 400 Porter St | $130,000 | 2 bd · 1 ba |
| 1026 Chestnut St | $134,000 | 2 bd · 1 ba |
| 111 S Van Buren St | $145,000 | 2 bd · 1.5 ba |
| 201 S Van Buren St | $148,000 | 4 bd · 2.5 ba |
| 403 S Jackson St | $149,000 | 3 bd · 1 ba |
| 1110 Chestnut St | $155,000 | 3 bd · 1 ba |
| 216 S Harrison St | $165,000 | 5 bd · 2 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more