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Welcome to Holly Oak Terrace, an idyllic community in North Wilmington where history meets modern convenience. Nestled less than a quarter-mile from the Delaware River, this fully detached tri-plex presents a unique opportunity to own a home already generating revenue as well as two vacant move-in ready units. With recent updates, including recent plumbing improvements, this isn't a listing you'll want to miss. This charming property stands out with its extra-large lot, providing ample off-street parking for all occupants. Comprising three well-maintained units, each with two bedrooms, this tri-plex boasts a thoughtful layout. The common area entrance grants access to the main floor unit, while a staircase leads to the second floor, offering formal access to units two and three. Unit one enjoys a private entrance through the spacious east-facing porch. The second-floor unit has recently undergone a refreshing update, making it move-in ready for you or a prime opportunity to place a tenant and generate cash flow. Meanwhile, the third-floor unit offers a unique layout, with interior access and a private exterior entrance via wooden steps from the yard. The utilities are efficiently managed with electric hot water and baseboard heating, leaving the owner responsible for water/sewer, common area electricity, trash removal, and the maintenance associated with landscaping and snow removal. This property is an excellent entry point for those beginning their real estate investment journey with this property being well maintained by its current owner. For seasoned investors, it adds a valuable asset to a flourishing portfolio. Alternatively, for a primary resident, living in one unit while letting the other two generate cash flow is an enticing proposition. Opportunities like this in such a sought-after location are rare, so seize the chance to own a piece of Holly Oak Terrace. Whether you're starting your real estate journey or expanding your portfolio, this tri-plex is a gem waiting for its next chapter. Don't hesitate-schedule a viewing today!

Property Details of 105 E Holly Oak Road

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Listed by Kaiya Pinto of Tesla Realty Group,LLC

Copyright 2024 BRIGHT, All Rights Reserved.  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 Bryce Lingo & Shaun Tull Team 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.Data last updated May 20, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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