The property at 1117 B St, Wilmington, DE, is a townhome with notable rental potential. With a monthly rent range of $1,650 to $2,400 based on comp data, the total annual revenue could range from $19.8K to $28.8K. Given the current lease of $1,150, there is room for growth. Market trends in Wilmington show a positive trajectory, and the property's features, such as recent upgrades and a central location, enhance its appeal. However, the current rent is below the competitive range, suggesting a need for repositioning.

To increase rental income, consider cosmetic updates to modernize interiors or enhance curb appeal. If selling, highlight the recent upgrades like the new roof and hot water heater. Target marketing efforts towards investors seeking stable income with potential for rent escalations. Establishing competitive rent in line with market comps could significantly enhance its attractiveness as an investment.