2409 N Madison Street

WILMINGTON, DE 19802

  • 3 Bed(s)
  • 1.5 Bath(s)
  • 1,425 Sqft
  • 1742
    Sqft(Lot)
$179,000

Description

Fantastic investment opportunity – long-term tenant, great location, spacious layout!

this spacious 3-bedroom, 1.5-bath home is a solid investment opportunity, located in a highly convenient area close to shopping, schools, and major roadways.

inside, you'll find a comfortable living room, a formal dining room, and a well-appointed kitchen, along with the convenience of a main floor laundry room. the home also features a cozy front porch, a backyard perfect for outdoor enjoyment, and a full basement offering plenty of storage space.

the property is currently tenant-occupied with a reliable 12-year voucher tenant paying $1,025 per month, making it a turnkey income-producing property from day one.

whether you're looking to grow your rental portfolio or secure a steady long-term investment, this property is a great fit.

don’t miss out—schedule your showing today!

  • Property Type

    Residential

  • Subdivision

    None Available

  • County

    NEW CASTLE

  • Style

    Traditional

  • AD ID

    49451511

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Property Details

  • Bedroom Information

    • Total Bedrooms : 3
    • Total Bedroom (Upper): 3
    • Bedroom Upper Level 1: 3

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 1
    • Half Baths: 1

    Water/Sewer

    • Water Source : Public

    Interior Features

    • Basement Description: Full

    Heating & Cooling

    • Cooling: None
    • Heating: Hot Water
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1925
    • Structure: Interior Row/Townhouse
    • New Construction: No
    • Built: 1925
    • Construction Material: Brick
    • Foundation/Basement: Permanent
    • Architecture: Traditional
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 1,742
    • Dimensions: 19.00 x 87.50
    • Lot Size (Acres): 0.04
    • Architectural Style: Traditional
    • Main Square Feet: 1,742

    Property Information

    • SQ ft: 1,425
    • SQ ft (Living Area): 1,425
    • Total Lot SQ ft: 1,742
    • Subdivision: NONE AVAILABLE
    • Appx. Lot Dimensions: 19.00 x 87.50
    • Total Acreage: 0.04
    • New Construction: No
    • Type: Traditional

  • Listing Information

    • Possession: Immediate,0-30 Days CD,31-60 Days CD
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $1,628
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate,0-30 Days CD,31-60 Days CD

    Assessment Information

    • Taxes Assessment Amount: $32,200

  • Parking Information

    • Parking Type: On Street

    Homeowners Association Information

    • Direction: GPS

  • School Information

    • School District: RED CLAY CONSOLIDATED

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: GPS
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BuyOwner last updated this listing 04/25/2025 @ 09:11

  • MLS: DENC2080224
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 3 bedrooms which is for sale, it has 1,425 sqft, 1,742 sized lot, and 0 parking. are nearby neighborhoods.