505 N LINCOLN Wilmington, DE 19806
UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Subdivision Little Italy
MLS Listing ID DENC2086818
Style Traditional
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Y/N N
Year Built 1944
Annual Tax Amount $3,057
Tax Year 2025
Lot Size 1,600 Sqft
Acres 0.04
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
The first floor provides a versatile commercial space perfect for retail, office, or service-based businesses. Upstairs, the second floor features a well-maintained one-bedroom apartment with an open-concept layout. The kitchen flows into a spacious great room, creating a bright and adaptable living environment. A full bathroom and generous natural light complete the residential unit, which is currently occupied and generating rental income.
Whether you're an owner-occupant or investor, this property offers strong potential in a vibrant neighborhood with excellent visibility and proximity to downtown Wilmington, Trolley Square, the hotspots on Union Street and major transportation routes.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning C2
Rooms
Other Rooms Primary Bedroom
Basement Unfinished
Interior
Hot Water Electric
Heating Other
Cooling None
Flooring Wood, Vinyl
Inclusions Any owner owned appliances
Heat Source Other
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District Red Clay Consolidated
Others
Senior Community No
Tax ID 26-026.20-126
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
