$159,900

615 W 5TH ST, Wilmington, DE 19801

4 beds |
2 baths |
1,775 sqft

Town Home
Built in 1875
1,742sqft lot
—— car garage
$90/sqft
Listed 3 months ago

Property Description

Quaker Hill Area: 4 Bedroom, 1.5 Baths, 3 Story Townhouse. This home is ready for either an investor or first time home buyer now!!! All that the new owner will need to do is MOVE IN! This home is priced to SELL! Investor-ready cash-flow opportunity with proven rent at $1,700/month. This property delivers an estimated $17,400 NOI ( 10.9% cap rate) with low operating expenses. Ideal for local and out-of-state investors seeking immediate income, strong returns, and upside potential. Section 8 rentals for 4 bedrooms in this neighborhood are $2,000-$2,300/month. This property is great for investors, rental ready!!

Listing Status:: Active
Data Last Updated:: May 20, 2026 at 7:16AM
Listing Office:: Home Finders Real Estate Company : 3026558091
Listing Agent:: Barry G Godfrey : 3022759412
MLS ID:: DENC2096270

Basement: Full
A/C: None
Heating: Wall UnitElectric
Disability Feature: None

General: Above GradeBelow Grade
Style: Colonial

General: Brick3Stone

Originating MLS: BRIGHT_MAIN
School District: CHRISTINA
County: NEW CASTLE-DE

Zoning: 26R-426-035.10-217

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of Barry G Godfrey , Home Finders Real Estate Company

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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