Harrison Street- Wilmington Corner Brick Home | Vacant at Closing

Wilmington Corner Brick Home | Vacant at Closing | 3BR / 2BA | Value-Add Opportunity
xxx N Harrison Street, Wilmington, DE 19805

ATTENTION INVESTORS & LANDLORDS!
Here’s an opportunity to acquire a corner-lot brick home in Wilmington offering immediate upside through a light refresh or rental hold strategy. With approximately 1,900 square feet, 3 bedrooms, 2 full baths, updated mechanical systems, and delivery vacant at closing, this property presents multiple paths to profit in an active market supported by strong rental demand and nearby sales activity.

🏡 Property Breakdown:

• 201 N Harrison Street
• 3 Bedrooms
• 2 Full Baths
• Approx. 1,900 Sq Ft*
• Corner Lot
• Brick Exterior
• Basement Storage
• No HOA
• Delivered Vacant at Closing

🔧 Property Highlights:

• Currently occupied but delivered vacant at closing
• Livable condition with value-add potential
• Updated electric
• Gas forced-air heating
• Central A/C
• Strong rental demand in the area
• Easy refresh opportunity for resale or rental

💰 Rental & Value Potential:

• Estimated market rent: $1,900–$2,100/month
• HUD 3BR Fair Market Rent (Metro): $2,170/month
• Estimated value after refresh: $220,000–$240,000

📍 Nearby Activity:

• 105 N Harrison – Sold 4/10/2026 – $240,000
• 111 N Harrison – Pending – $225,000
• 217 N Harrison – Renovated 3BR / 2.5BA – Active – $230,000
• 513 N Harrison – Updated 3BR / 2.5BA – Active – $225,000

💡 Potential Exit Strategies:

1. Light Fix & Flip

• Refresh interior finishes
• Modernize kitchens and baths as needed
• Resell based on nearby renovated comparables

2. Buy & Hold Rental

• Lease at market rents
• Benefit from strong tenant demand
• Generate long-term cash flow

3. BRRRR Strategy

• Refresh property
• Refinance based on increased value
• Hold as a cash-flowing rental asset

4. Section 8 Investment

• Utilize strong rental assistance demand
• Potentially achieve stable occupancy
• Benefit from HUD-supported rent levels

🔥 Why This Property:

• Corner-lot location
• Delivered vacant at closing
• Approximately 1,900 square feet
• 3 bedrooms and 2 full baths
• Updated electric, HVAC, and central A/C
• No HOA restrictions
• Multiple profitable exit strategies
• Strong nearby comparable sales
• Rental and resale upside

📞☎️ Call or text our team at: 215-395-6211
Showings by Appointment Only – Serious Buyers Must Provide Proof of Funds Prior to Access.