1401 Maple Street, Wilmington, DE 19805-4220 $265,000

Beds/Baths: 4/2
Interior Sq. Ft: 2,050
Acreage: 0.06
Age:103 years
Style:
Colonial, Traditional
MLS#: DENC521338
Subdivision: Bayard Square
Design/Type:
End of Row/Townhouse

Description

LIVE IN ONE APARTMENT, LET THE OTHER PAY YOUR MORTGAGE. This is a no-brainer!!! You can leverage into this great rental property as an "owner occupant" with as little as 3.5% down (maybe even less when combined with a Delaware State Housing Authority program) and also (are you wowed yet?) you could use up to 75% of one of the existing tenants' rent towards your qualifying income!!! Located in a highly residential area, this building has a welcoming, "homey-feeling" making it ideal for the buyer to live in one unit and derive income from the other. This performing rental duplex is fully occupied. Both tenants are up to date on their rents. The building consists of one charming 1BR garden apartment on the ground floor with a fenced backyard and one generously sized 3BR, 2 story apartment on the two upper floors. Lower apartment lease ends 6/2021. Upper apartment lease is a month to month lease. Each apartment rents for $1.050 P/M. Each apartment enjoys its own dedicated heating, central cooling and hot water systems so the tenants pay all of the utilities (except sewer and water) for more consistent Return on Investment (ROI). Building is in overall well maintained condition. Recent updates include: Common foyer area renovation, new A/C system for both units, new roof and chimney liner and new clothes dryer. The ground floor apartment was recently renovated including new bath, kitchen, appliances and fresh paint throughout. Located in a highly owner-occupied residential neighborhood within great access to public transportation, downtown business center, Riverfront attractions and amenities, Interstate Highway 95 and within walking distance to St. Elizabeth's school and park. Both apartments have access to a washer and dryer in the basement. Trash collection is included in municipal taxes. Showings limited to Tuesdays and Fridays 11 AM - 1 PM to limit intrusion to the tenants. This is a rarely available, performing multi family property in decent condition. Showings are limited to Tuesdays and Fridays 11 AM to 1 PM to minimize disturbing the tenants. Overlapping showings are not allowed.

Living Room: Upper 2
Kitchen: Upper 2
Bedroom 1: Upper 2
Dining Room: Main
Taxes: $2,490
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Christina

Features

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

Garage/Parking
On Street

Interior
Partial

Exterior
Brick Exterior

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 (33 schools)

School District Grades Place Distance
Pulaski (Casimir) Elementary School Christina School District Preschool–5 Wilmington 0.31 mi
Lewis (William C.) Dual Language Elementary School Red Clay Consolidated School District K–5 Wilmington 0.84 mi
First State School Red Clay Consolidated School District K–12 Wilmington 1.27 mi
First State Montessori Academy First State Montessori Academy K–5 Wilmington 1.31 mi
Bancroft Elementary School Christina School District Preschool–5 Wilmington 1.38 mi
Kuumba Academy Charter School Kuumba Academy Charter School K–8 Wilmington 1.42 mi
Highlands Elementary School Red Clay Consolidated School District K–5 Wilmington 1.43 mi
Shortlidge (Evan G.) Academy Red Clay Consolidated School District K–5 Wilmington 1.52 mi
Baltz (Austin D.) Elementary School Red Clay Consolidated School District Preschool–5 Wilmington 1.58 mi
Stubbs (Frederick Douglass) Elementary School Christina School District K–5 Wilmington 1.58 mi
Warner Elementary School Red Clay Consolidated School District K–5 Wilmington 1.63 mi
Richardson Park Elementary School Red Clay Consolidated School District K–5 Wilmington 1.68 mi
Elbert-Palmer Elementary School Christina School District Preschool–5 Wilmington 1.68 mi
Richardson Park Learning Center Red Clay Consolidated School District Preschool–5 Wilmington 1.69 mi
Odyssey Charter School Odyssey Charter School K–11 Wilmington 1.99 mi
Edison (Thomas A.) Charter School Edison (Thomas A.) Charter School K–8 Wilmington 2.03 mi
Academia Antonia Alonso Academia Antonia Alonso K–5 Wilmington 2.04 mi
Harlan (David W. ) Elementary School Brandywine School District K–5 Wilmington 2.59 mi
East Side Charter School East Side Charter School Preschool–8 Wilmington 2.6 mi
Richey Elementary School Red Clay Consolidated School District K–5 Wilmington 2.6 mi
Marbrook Elementary School Red Clay Consolidated School District K–5 Wilmington 2.94 mi
Lombardy Elementary School Brandywine School District K–5 Wilmington 3.5 mi
Eisenberg (Harry O.) Elementary School Colonial School District K–5 New Castle 3.59 mi
Mote (Anna P.) Elementary School Red Clay Consolidated School District Preschool–5 Wilmington 3.67 mi
The Colwyck Center Colonial School District Preschool–5 New Castle 3.79 mi
Leach (John G.) School Colonial School District Preschool–12 New Castle 3.83 mi
Wilmington Manor Elementary School Colonial School District K–5 New Castle 4.03 mi
Castle Hills Elementary School Colonial School District Preschool–5 New Castle 4.15 mi
Mount Pleasant Elementary School Brandywine School District K–5 Wilmington 4.4 mi
Brandywine Springs School Red Clay Consolidated School District K–8 Wilmington 4.47 mi
Charter School of New Castle Charter School of New Castle K–8 New Castle 4.54 mi
Carrcroft Elementary School Brandywine School District K–5 Wilmington 4.84 mi
The Wallace Wallin School Colonial School District Preschool–12 New Castle 4.97 mi

Public Middle (13 schools)

School District Grades Place Distance
Bayard Middle School Christina School District 6–8 Wilmington 0.18 mi
First State School Red Clay Consolidated School District K–12 Wilmington 1.27 mi
Great Oaks Charter School Great Oaks Charter School 6–10 Wilmington 1.42 mi
duPont (Alexis I.) Middle School Red Clay Consolidated School District 6–8 Greenville 1.96 mi
Odyssey Charter School Odyssey Charter School K–11 Wilmington 1.99 mi
duPont (Pierre S.) Middle School Brandywine School District 6–8 Wilmington 2.52 mi
McCullough (Calvin R. ) Middle School Colonial School District 6–8 New Castle 3.05 mi
Gateway Lab School Gateway Lab School 3–8 Wilmington 3.07 mi
Leach (John G.) School Colonial School District Preschool–12 New Castle 3.83 mi
Read (George) Middle School Colonial School District 6–8 New Castle 4.53 mi
Stanton Middle School Red Clay Consolidated School District 6–8 Wilmington 4.72 mi
Springer Middle School Brandywine School District 6–8 Wilmington 4.72 mi
The Wallace Wallin School Colonial School District Preschool–12 New Castle 4.97 mi

Public High (15 schools)

School District Grades Place Distance
Charter School of Wilmington Charter School of Wilmington 9–12 Wilmington 1.27 mi
Calloway (Cab) School of the Arts Red Clay Consolidated School District 6–12 Wilmington 1.27 mi
First State School Red Clay Consolidated School District K–12 Wilmington 1.27 mi
Freire Charter School Freire Charter School Wilmington 8–12 Wilmington 1.36 mi
Howard High School of Technology New Castle County Vocational-Technical School District 8–12 Wilmington 1.56 mi
Delaware Military Academy Delaware Military Academy 9–12 Wilmington 1.59 mi
Odyssey Charter School Odyssey Charter School K–11 Wilmington 1.99 mi
Conrad Schools of Science Red Clay Consolidated School District 6–12 Wilmington 2.12 mi
duPont (Alexis I.) High School Red Clay Consolidated School District 9–12 Wilmington 3.01 mi
Delcastle Technical High School New Castle County Vocational-Technical School District 8–12 Wilmington 3.22 mi
Leach (John G.) School Colonial School District Preschool–12 New Castle 3.83 mi
Delaware Academy of Public Safety and Security Delaware Academy of Public Safety and Security 9–12 New Castle 3.9 mi
Mount Pleasant High School Brandywine School District 9–12 Wilmington 4.06 mi
Brandywine High School Brandywine School District 9–12 Wilmington 4.81 mi
The Wallace Wallin School Colonial School District Preschool–12 New Castle 4.97 mi

Private (23 schools)

School Grades Place Distance
Nativity Preparatory School Of Wilmington Roman Catholic 5–8 Wilmington 0.12 mi
Harvest Christian Academy - Wilmington Christian (no specific denomination) Preschool–6 Wilmington 0.64 mi
Padua Academy Roman Catholic 9–12 Wilmington 0.77 mi
High Road School Of Delaware Nonsectarian 4–12 Wilmington 0.79 mi
St Peter Cathedral School Roman Catholic Preschool–8 Wilmington 0.92 mi
Ursuline Academy (Pk-12) Roman Catholic Preschool–12 Wilmington 0.99 mi
St Michaels School & Nursery Inc Nonsectarian Preschool–K Wilmington 1.24 mi
St Ann School Roman Catholic Preschool–8 Wilmington 1.46 mi
Tower Hill School Nonsectarian Preschool–12 Wilmington 1.59 mi
Sharon Temple Adventist School Seventh-Day Adventist 1–8 Wilmington 1.68 mi
Salesianum School Roman Catholic 9–12 Wilmington 1.84 mi
Wilmington Friends School Friends Preschool–12 Wilmington 2.11 mi
Urban Promise School Christian (no specific denomination) Preschool–6 Wilmington 2.17 mi
Maranatha Christian Academy Brethren Preschool–1 Wilmington 2.82 mi
Serviam Girls Academy Roman Catholic 5–8 New Castle 3.07 mi
Program For Rigor And Innovation In Education Nonsectarian 6–8 Wilmington 3.18 mi
Montessori Learning Centre Nonsectarian Preschool–K Wilmington 3.78 mi
St Mary Magdalen School Roman Catholic Preschool–8 Wilmington 3.79 mi
Concord Preschool And Childcare Presbyterian Preschool–K Wilmington 3.84 mi
Immaculate Heart Of Mary Roman Catholic Preschool–8 Wilmington 3.9 mi
Faith Preschool & Child Care Presbyterian Preschool–K Wilmington 4.38 mi
Brandywine Valley Christian Presch Christian (no specific denomination) Preschool–K Wilmington 4.59 mi
St John The Beloved School Roman Catholic K–8 Wilmington 4.69 mi

© 2021 LiveBy. All Rights Reserved.

This report is a detailed community overview for Wilmington (19805), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 21
  • Average salary of people in this community: $40,472

Community Summary

  • Population Density (ppl / mile): 7,460
  • Household Size (ppl): 2.59
  • Households w/ Children: 66%

Housing Inventory

  • Owned: 8,218 (46.6%)
  • Rented: 6,869 (39.0%)
  • Vacant: 2,544 (14.4%)
  • Total: 17,631

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: 39,697
Households: 15,087
Median Age: 34.60

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: 6.6%
  • Some High School: 10.5%
  • High School Graduate: 38.9%
  • Some College: 17.3%
  • Associate Degree: 6.0%
  • Bachelor's Degree: 12.8%
  • Graduate Degree: 7.9%

Income by dollar range

Median Income: $42,418

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: $676
  • One Bedroom: $793
  • Two Bedroom: $997
  • Three Bedroom: $1,187
  • Four Bedroom: $1,350

© 2021 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of:
Tesla Realty Group LLC

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 3/03/2021.

1401 Maple Street, Wilmington, DE 19805-4220

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