138 LOWER OAK ST Wilmington, DE 19805
UPDATED:
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,150 sqft
Price per Sqft $52
Subdivision Browntown
MLS Listing ID DENC2089914
Style Colonial
Bedrooms 3
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,150
Year Built 1900
Annual Tax Amount $1,742
Tax Year 2025
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 13.00 x 72.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Here's your chance to get great value on a fix-and-flip or fix-and-hold rental property in the city, located in the popular Browntown community of Wilmington, Delaware. In the last year alone, similar homes within 0.25 miles have sold for between $83,000 and $261,000. Priced at 43 percent of the New Castle county assessed value it could be a great ROI. In this area within a half a mile renter averaging about $1.32 a square foot. Contact the listing agent for full details. This oversized end-unit home offers a solid block and stucco exterior, a fenced yard, and plenty of on-street parking — checking the boxes for value-minded investors.
The corner-style entrance opens to a spacious living room with windows on both sides, filling the space with natural light. This room is large enough to divide into separate living and dining areas. Toward the back, the eat-in kitchen offers generous space. You can clean up what's there or start fresh — your choice.
Beyond the kitchen is a combined mudroom and laundry area, as well as the first FULL bathroom on the main floor with a stand-up shower.
Upstairs, you'll find three bedrooms, including a very roomy front bedroom with double closets. A second FULL bathroom is also located on this level, along with two additional bedrooms with great light.
Out back, there's a private back yard with a chain-link fence and rear alley access — a convenient perk of the corner lot. The basement houses the oil burner, water heater, and main electric panel, and offers additional space for storage or projects. A Bilco door provides walk-out access to the sidewalk for convenience.
The roof is believed to be under 10 years old, but the condition of systems and appliances is unknown. The property needs a full renovation and is being sold STRICTLY AS_IS. Agents and their buyers: please use caution during showings, as the home is cluttered and may have signs of prior critter activity. Buyer is responsible for clean-out, and inspections will be for informational purposes only with no termination rights.
This is a fantastic opportunity in a sought-after location with easy access to downtown Wilmington, the Riverfront, and major highways — a smart addition to any investor's portfolio. MULTIPLE OFFERS Offer deadline: midnight Sunday, October. 5 The sellers will respond to offers as soon as possible
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Direction Northwest
Rooms
Other Rooms Living Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
Basement Full, Interior Access, Unfinished, Walkout Stairs, Workshop
Interior
Interior Features Bathroom - Stall Shower, Breakfast Area, Combination Dining/Living, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Flooring Wood
Inclusions all as-is. as-seen.
Equipment Built-In Range, Refrigerator, Washer, Water Heater
Fireplace N
Appliance Built-In Range, Refrigerator, Washer, Water Heater
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Utilities Available Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
Water Access N
View City
Roof Type Flat
Accessibility None
Garage N
Building
Lot Description Level, Rear Yard
Story 2
Foundation Brick/Mortar, Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls
New Construction N
Schools
Middle Schools Bayard
High Schools Glasgow
School District Christina
Others
Senior Community No
Tax ID 26-042.30-280
Ownership Fee Simple
SqFt Source 1150
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/93186c1e-3cfd-4056-af20-048ccec357af?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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