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13th St, 19801- Light Rehab | Strong Flip Potential | Value-Add Opportunity

Price

$250,000.00

Wilmington, DE | Light Rehab | Strong Flip Potential | Value-Add Opportunity
xx8 W 13th St, Wilmington, DE 19801
 

ATTENTION INVESTORS, REHABBERS & VALUE-ADD BUYERS!
Here’s an excellent opportunity to acquire a spacious townhouse in Wilmington with significant upside potential. Currently configured as a 3-bedroom, 1-bath home with approximately 1,500 square feet, this property offers a straightforward light-rehab project for investors seeking a strong fix-and-flip opportunity. Located near downtown Wilmington, major transportation routes, employment centers, and redevelopment activity, this property is well-positioned for resale after renovation. Public records indicate a 3-bedroom, 1-bath townhouse configuration. 
 

✅ Property Highlights:
• Townhouse in Wilmington, Delaware
• Approximately 1,500 SF
• 3 Bedrooms
• 1 Bathroom
• Average overall condition
• Light cosmetic rehab needed
• Spacious floor plan with value-add potential
• Strong candidate for fix-and-flip investors
• Convenient access to downtown Wilmington, major highways, shopping, and employment centers

 

🏡 Property Details:
• Approx. 1,500 SF of living space
• 3-bedroom layout
• 1 full bathroom
• Traditional townhouse configuration
• Opportunity to modernize interior finishes and maximize resale value
 

📈 Investment Highlights:
• Estimated ARV: $425,000 (buyer to verify)
• Strong spread between acquisition and projected after-repair value
• Light renovation project compared to full-gut rehabs
• Opportunity to add value through cosmetic improvements and modernization
• Located in an area benefiting from ongoing investment and redevelopment activity
 

💡 Potential Exit Strategies:
1. Fix & Flip

• Renovate and resell at market value
• Take advantage of strong ARV potential
 

2. Buy & Hold
• Renovate and add to a rental portfolio
• Strong demand for updated housing in Wilmington
 

3. BRRRR Strategy
• Renovate, refinance, and hold as a long-term asset
• Potential to create equity through improvements
 

🔥 Why This Opportunity:
• Light rehab project
• Attractive entry price point
• Strong ARV potential
• Spacious 3-bedroom layout
• Convenient Wilmington location
• Multiple exit strategies available
• Significant value-add opportunity for investors

 

📊 ARV Comps:
https://matrix.brightmls.com/Matrix/Public/Portal.aspx?p=DE-281128659-781&k=5777241XRMQc&eml=a3NodXNtYW5AZ21haWwuY29t

📞☎️ Call or Text Our Team: 215-395-6211
Showings by Appointment Only – Serious, Qualified Buyers Only.

Address

 xx8 W 13th St, Wilmington, DE 19801

City

Wilmington

State

DE

Zip Code

19801

Bed/Bath

3 Bedrooms / 1 Bathroom

SQFT

1,500 Sq Ft

Zoning

 

ARV

$425,000 

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