2117&2119 LOVERS LN Wilmington, DE 19810

Welcome to 2117 & 2119 Lovers Lane where you can find this RARE OPPORTUNITY to have part of your mortgage paid by income from the smaller, 3 bedroom, tenant-occupied home included on this lot! If you are interested in the wonderfully creative community of ARDEN, then here is a chance to own two homes on one parcel and live in the larger home at 2117 LOVERS LANE while the rental income from the home at 2119 buffers your expenses.

2117, the larger home, has a wood burning fireplace in the living room, a light filled sunroom, a large kitchen, formal dining room and the convenience of a main floor bedroom and full bathroom. Upstairs, you will find a grand space with dressing area and full bathroom for the upper main bedroom. The basement still has an oil tank which is not used but there is a door to exit from the basement so you can easily have it removed. The updated heater is gas.

2119 Lovers Lane, the smaller home, is leased to a wonderful long term tenant. It has hardwood flooring through most of the home and has a fireplace in the living room. The kitchen floor is updated. Two bedrooms and one full bathroom are on the entry level. There is an additional bedroom upstairs. The basement is the footprint of that home. There is a 3D tour available to see both homes. Appointments to see 2119 Lovers Lane are by a separate appointment to be arranged after seeing 2117.

The larger home at 2117 was built somewhere between 1939 and 1941 and 2119 was built around 1941 according to the records held by the Trustees of Arden. (Property taxes are paid out of the yearly land lease amount.) The Arden land leases are 99 years, inheritable and extendable so a mortgage is an option. The land lease is the amount of property taxes plus village services which include trash & recycling. There are social activities, cultural resources, gilds you can join and a community pool with a nominal membership fee.