About This Home

This 0-bedroom, 0-bathroom multi-family at 101 E 35TH Street in Wilmington, DE is listed for $595,000 ($213 per sqft). Built in 1935, the home offers 2,800 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1935
  • 0.11 acre lot
  • Fireplace

Property Details

1935

Amenities

Fireplace
Listing Description

**INVESTORS & FUTURE OWNER-OCCUPANTS-IMMEDIATE RENTAL INCOME WITH ADDITIONAL UPSIDE!** This detached Wilmington triplex offers a compelling combination of established income, substantial capital improvements, and future equity-building potential. Currently generating $4,900/month in reported rental income, the property offers the potential for positive cash flow even at the asking price under illustrative financing and expense assumptions.

**An example Investment Value & Cash Flow Analysis is available in the attached MLS documents.** The building has undergone extensive improvements, including roof and siding upgrades, an attractive stone facade, added gutters, refreshed landscaping, and new mini-split supplemental heat and air.

The second- and third-floor apartments are completely renovated and fully furnished, each featuring a new private deck. All three levels offer mini-split air conditioning and supplemental heating alongside natural gas radiator heat. The spacious first-floor residence features a private covered front porch and an opportunity for cosmetic improvements to further enhance value.

**OWNER-OCCUPANT OPPORTUNITY:** Consider making the first floor your home while rental income from the upper levels helps offset housing expenses as you build equity in the entire property! The first-floor apartment is tenant-occupied under a lease ending March 2027; future occupancy is subject to existing lease terms, tenant rights, and lawful possession.

Rental income and financial projections are subject to buyer verification. **A versatile income-producing property with major improvements already completed and additional opportunities to build long-term wealth!**

Monthly Cost Estimate

$3,182/mo

20% down · 6.5% · 30 years

Principal$430
Interest$2,578
Insurance$174

Estimates only. Actual payments may vary.

Location

101 E 35TH Street

Wilmington, DE 19802

Property Details

Construction

Mixed Stone Stucco Shingle Siding

Parking

On Street

Heating

Hot Water(Heating)

Cooling

DuctlessMulti Units

Appliances

Built-In RangeBuilt-In MicrowaveDishwasherDisposalDryerENERGY STAR DishwasherENERGY STAR RefrigeratorENERGY STAR Clothes WasherIntercomOven/Range - GasWater Heater - High-EfficiencyEnergy Efficient Appliances

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 101 E 35TH Street is listed at $595,000 ($213/sqft). The estimated monthly payment is $3,183 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1935, 0.11 acre lot, Fireplace.

This property is listed by Kevin Hobbs.

KH

Kevin Hobbs

Agent at Coldwell Banker Preferred

Listed by Coldwell Banker Preferred · Broker phone: (215) 654-9494 · View on Broker Site · Broker website

MLS# DENC2113680· Source: Bright MLS· Added to PropertySimple today

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

101 E 35TH Street, Wilmington, DE 19802

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