820 ANCHORAGE ST Wilmington, DE 19805

The property has a combo lock box and can be shown 7 days a week with short notice by just calling or sending me a text. Possible 3rd bedroom on 2nd floor by combining 2 small rooms. PRICED WELL BELOW MARKET VALUE. PRICE AS-IS $35,000. PRICE WILL INCREASE TO $45,000 WHEN IT IS READY TO BE OCCUPIED. Estimated costs of repairs is $2,500). There was a small kitchen fire on the floor above the craw space. No water, electric or plumbing damage and very little fire damage. To locate the fire the fire fighters and to remove a 5' x 5' section of the floor, small portions of the kitchen wall and the back door (see pictures). REPAIRS WILL BEGIN SOON AND ONCE COMPLETED THE PRICE WILL INCREASE. Price comparison to other properties for sale in Browntown: 817 Marshall Street $43,900. 810 Anchorage Street $45,900. 216 Lower Oak Street $54,900. 106 Cedar Street $59,900. 214 5th Avenue $65,000. 309 Cedar Street $68,000. IN PRIOR YEARS ALL THE PLUMBING & ELECTRIC WIRES WERE REPLACED. A electrical inspection was just completed and the electric will be back on soon. THE HEATER AND HWH HAVE BEEN USED FOR ABOUT 3 YEARS AND WERE NOT DAMAGED BY THE FIRE but they will need a inspection prior to occupancy. DRY STANDUP BASEMENT. LARGE KITCHEN AND MASTER BEDROOM. MAINTENANCE FREE EXTERIOR. Small covered back porch. Low traffic on a 1 way street with parking on both sides of the street. CLOSE TO EVERYTHING. Within walking distance to shopping, banks, the riverfront and just about everything else. There is a large demand for rental properties in Browntown. This property would rent for $800 to $900 a month and the tenant pays for all utilities. If you prefer you can hire a property management company to collect rent and do your approved maintenance and repairs. Great return on investment will provide a lifetime income.