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$389,900   Price Analysis
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1616 W 16th St
Wilmington, DE 19806
3 bed 2 bath 1,400 SqFt ($278/SqFt)
1,307SqFt lot. Built 1908
Listed 2024-05-02, Taxes $1,393
USDA Eligible
near Wilmington, DE
 

Welcome to this charming townhome located in the highly sought-after neighborhood of Trolley Square.

This stunning 3 bedroom, one and a half bathroom home offers the opportunity of a lifetime. The possibilities are endless! This home has commercial zoning, making it a versatile investment opportunity. If you are looking for the perfect place to call home this is it. In addition, there is a superb rental unit located next door at 1614 W 16th Street providing your choice of additional residential or commercial rental income. You can use the space of both homes because they are accessible to each other from the interior with a combined total of 6 bedrooms, 2 full baths and 1 half bath. Step onto the charming porch and admire the vibe Trolley Square has to offer. The people, restaurants, local parks and much more are footsteps away. Let's walk inside and look at the exposed brick accent wall and pleasing hardwood flooring that add character and charm to this unique residence. As we make our way to the kitchen that boasts plenty of cabinetry in addition to stainless steel appliances and granite countertops. Inside, you'll find a sizeable family room perfect for entertaining or relaxing after a long day. The family room provides easy access to 1614 W 16th Street in addition to a private screened porch in the rear of the home that leads to the backyard. The design elements throughout the home create a classic and cozy atmosphere. With a high walking score, you'll love being steps away from all the amenities Trolley Square has to offer. Homes like this with commercial zoning are rarely available in this area, making it a truly special find. It has been cared for with many updates including central air and heat, vinyl replacement windows and newer water heater. Don't miss your chance to own this rare gem in an unbeatable location. Imgine the limitless possibilities that come with owning a property with commercial zoning in such a prime location. Whether you're looking for your perfect home, to start a business or simply want to invest in a valuable piece of real estate, thi s opportunity is not to be missed. Act fast before someone else seizes this rare gem!

1614 and 1616 W 16th Street are being sold together as a pair


Presented by Hovik Nazarian at
Long & Foster Greenville.
Listing Agent Photo

Property MLS #DENC2060216 from BrightMLS

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 1
1/2 Bathrooms: 1

Basement

Stainless Steel Appliances

Cooling Features: Central A/C
Heating Features: Forced Air
Heating: Yes

Lot Size Acres: 0.0300046
Lot Size Square Feet: 1307

Parking Features: On Street

Association: No
Calculated Total Monthly Association Fees: 0

School District: RED CLAY CONSOLIDATED

Lewis (William C.) Dual Language Elementary School is a public elementary school located approximately 0.6 miles away.
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duPont (Alexis I.) High School is a public high school located approximately 2.5 miles away.
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Skyline Middle School is a public middle school located approximately 7 miles away.
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St Ann School is a private elementary and middle school located approximately 0.3 miles away.
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Annual Tax Amount: 2354.0
Source Listing Status: Active
County: NEW CASTLE
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: NEW CASTLE
Property Subtype: townhouse
Source Neighborhood: TROLLEY SQUARE
Postal Code Plus 4: 4026
Subdivision: TROLLEY SQUARE
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$50,800 + $600
$51,400
$1,393
2022$50,800 + $600
$51,400
$1,400
2021$50,800 + $600
$51,400
$1,397
2020$50,800 + $600
$51,400
$1,405
2019$50,800 + $600
$51,400
$1,413
2018$50,800 + $600
$51,400
$1,399
2017$50,800 + $600
$51,400
$1,397
2016$50,800 + $600
$51,400
$1,324
2015$50,800 + $600
$51,400
$1,224
2014$50,800 + $600
$51,400
$1,114
2013$50,800 + $600
$51,400
$1,097
2012$50,800 + $600
$51,400
$1,041
2011$50,800 + $600
$51,400
$1,051
2010$50,800 + $600
$51,400
$1,979
2009$50,800 + $600
$51,400
$1,892
2008$50,800 + $600
$51,400
$1,018
2007$50,800 + $600
$51,400
$946

Price Changed 2024-06-06
$389,900
BrightMLS
Listed 2024-05-02
$399,900
BrightMLS

Total Square Feet Living: 1400
Year Built: 1908
Above Grade Finished Area: 1400
Construction Materials: Brick
Property Age: 116
Levels or Stories: 2
Structure Type: Interior Row/Townhouse
House Style: Traditional
Total Area Sqft: 1400
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yard

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.