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- Market Report
- Home Value
Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1928
Sq.Footage
2,525
A UNIQUE VALUE-ADD OPPORTUNITY IN NORTH WILMINGTON. Situated on an expansive .53-acre parcel in desirable 19803, this distinctive 1928 brick property is currently configured as three separate living spaces and offers approximately 2,525 square feet with multiple possibilities for its next owner. Ideal for an investor, owner-occupant, multigenerational living, or a buyer seeking a property with flexibility and future potential. The existing three-unit configuration provides a solid starting point with the opportunity to improve and reposition the property over time. The units vary in condition and level of improvement, and buyers should factor anticipated updates into their evaluation of the property's rental potential. Each of the three units features 1 bedroom and 1 bath with a separate entrance and separate electrical service. The main-level residence offers a spacious layout, inviting sunroom, and private access to the basement with laundry and storage. The upper level includes two additional units accessed from the second-floor covered porch. One offers two levels of living space, while the other provides convenient single-level living. What makes 4503 Weldin Road particularly unique is the flexibility beyond its current multi-family configuration. The property is also being offered in the Residential category, allowing buyers to explore conversion back to a single-family residence or other configurations that may better suit their needs and vision. The generous .53-acre parcel adds another dimension to the opportunity. Buyers interested in exploring possible subdivision, redevelopment, or other uses should conduct their own due diligence regarding zoning, feasibility, and all required governmental approvals. The classic brick exterior and attractive curb appeal enhance the property's presence, while the expansive lot offers space and privacy rarely found in this location. Convenient to North Wilmington amenities, shopping, dining, and major roadways, this is more than a traditional income-property offering. It is an opportunity for a buyer who recognizes the value of location, land, flexibility, and future potential in one of North Wilmington's most desirable zip codes. Bring your ideas and explore the possibilities at 4503 Weldin Road. Property is being sold in AS IS condition.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
2525.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Oil, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.53
-
Lot Size(square feet)
23,087
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Colonial
Price
-
Sales Price
$575,000
-
Tax Amount
$4,313
-
Sq. Footage
2,525
-
Price/SqFt
$227
HOA
-
Association
No
School District
-
Elementary School
LOMBARDY
-
Middle School
SPRINGER
-
High School
BRANDYWINE
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
078
-
Water Source
Public
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Location
County
NEW CASTLE
Elementary School
LOMBARDY
Middle School
SPRINGER
High School
BRANDYWINE
Listing Courtesy of Margaret Colman, Long & Foster Real Estate, Inc.
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Salesperson, Realtor
Allie Vasquez
Call Allie today to schedule a private showing.
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