1 month on rocket

Backup Offers

120 N Lincoln St, Wilmington, DE, 19805

$195,000

Home List Price

$2,316*

Closing Credit

0 Baths
1,300 SqFt
$150/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

120 N Lincoln St, Wilmington$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1920
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #DENC2072032
Lot Size0.03 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 120 N Lincoln St

Welcome to 120 North Lincoln Street, a two unit apartment building. This is your chance to have someone else pay your mortgage, live in the first floor and rent the second floor. Also great for an investor to add to their portfolio or the new investor looking to start their portfolio with great cash flow. Both units have separate electric, separate heat and hot water. Walk into the first floor unit with an open concept. The living room boasts laminate floors with a nicely designed kitchen that has recently been renovated. The breakfast bar is the perfect spot for morning coffee for you or your new tenant. The bedroom has new carpeting and the bathroom has new flooring as well. There is direct access to the back yard which is fenced in for privacy. The second floor unit is currently occupied with a tenant that has been there for several years and would like to stay. The second floor unit has a newer heater in the unit as well as central air conditioning. It is a one bedroom apartment with an eat in kitchen. The bedroom is a nice sized room off of the generously sized living room. The building has lots of upgrades including some new windows, newer heaters, newer water heater. The first floor unit is currently not occupied, making it easy for you to place your new tenant at market rent or move in and let the second floor unit pay your mortgage. The exterior of the building has recently been painted and looks great. This is a great location close to shops, restaurants and parks.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 543-4829
  • Listing Agent: Erik Bashford

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Fully Carpeted, Vinyl

Exterior Features

Exterior Information:

  • Exterior: Sidewalks

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Lancaster ave to Lincoln st

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000
  • Price Per SqFt: $150/SqFt

Tax Information:

  • Annual Amount: $813
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Wilmington, DE.

Map thumbnail provided by MapBox

Wilmington, DE

City

Med. Sold Price

$324.3K

Med. Price/SqFt

$197

Avg. Days On Market

34

# of Sold Homes

168

120 N Lincoln St vs Wilmington

42 DAYS ON ROCKET

+8 Days

$195,000

-$129.3K Less

$150/SqFt

-$47 Less

KEY TAKEAWAY

This property is $129.3K less than the Median Sold Price and $47/SqFt less than other homes in Wilmington, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DENC2072032

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 543-4829
  • Listing Agent: Erik Bashford

IDX Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/30/2024, 7:21:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 12, 2019Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2021$813$29,900
2020$817$29,900
2019$814$29,900
2018$813$29,900
2017$770$29,900

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2216650
5
/10

  • William C. Lewis Dual Language Elementary School

  • 920 N Van Buren St

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-2216651
4
/10

  • Highlands Elementary School

  • 2100 Gilpin Ave

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-2216652
2
/10

  • Academia Antonia Alonso

  • 4403 Lancaster Pike

  • 1.30 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,531. Typical income of Wilmington, DE residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Delaware›New Castle County›Wilmington›19805›120 N Lincoln St

This home is located at 120 N Lincoln St in Wilmington, DE and zip code 19805 in the Westside neighborhood. This 1,300 square foot home, which was built in 1920, sits on a 0.03 acre lot. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $195,000.

Over 71 listings were sold over their listed price in November 2024 in Wilmington, DE. In the same period over 54 listings were sold below the listed price and 43 listings were sold for the listed price. The inventory of homes for sale in Wilmington, DE between October 2024 and November 2024 decreased by 2.4%. In November 2024 median list price was $324,340 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources