🔥 Wilmington Value-Add Opportunity – 125 Stroud St, Wilmington, DE 19805
💰 Asking Price: $135,000
📈 ARV: ~$240,000
💵 Section 8 Rent: ~$1,860/month
🚚 Vacant | Lockbox Access
3 Beds | 1 Bath | 1,500 SqFt
🏡 Single-Family | Built 1906
🚗 On-Street Parking | Full Basement
This super clean single-family home offers a fresh slate for investors seeking a cosmetic-to-medium rehab with strong upside. With major systems already in good condition, this is an ideal fix & flip or rental opportunity in a solid Wilmington market.
🏡 Property Highlights:
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Spacious 1,500 sq ft layout
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Roof, foundation, furnace & plumbing all in good condition
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Central AC
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Full basement adds storage and flexibility
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Vacant and easy to access
🛠️ Rehab Scope:
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Light to medium cosmetic updates
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Interior finishes to maximize ARV
📊 Strong Comparable Sales:
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1228 Linden St – 3/1, 1,450 SqFt → Sold $235,000 (11/2025, rehabbed)
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210 N Van Buren St – 3/1, 1,550 SqFt → Sold $250,000 (9/2025, rehabbed)
These comps support a $240K+ ARV with the right updates.
💡 Why This Deal Works:
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Strong equity spread
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Solid systems reduce CapEx risk
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Excellent Section 8 rental income
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Vacant = immediate start
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Ideal for flip, BRRRR, or buy-and-hold
🔥 Priced to move — submit your offer and lock in this Wilmington opportunity today.