Come see this great investment opportunity! The building features 3 units consisting of three 2-bedroom units and 1-bathroom units. Separate gas hot water and electric services for each unit. This property is within walking distance to Downtown Wilmington, the Business District, and the Wilmington Riverfront. This property offers a great investment opportunity or the chance to owner-occupy one unit while renting out the others. The building has Three two-bedroom 1 bath units at $1,200 each. $3,600 a month total plus the garage is rented at $150 a month which is approximately $45000/yr annual rental income. The City of Wilmington Business license is current for all the rental units. The landlord does have the security deposits in Escrow. All the utilities are separate systems. The house has a central sprinkler system, hard wired smoke and carbon dioxide detectors. Don't miss out on this opportunity!
| MLS # | DENC2106736 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1890 |
| Days On Site | 104 |
| Listing Provided By | Home Realty | Michael Hunter |
| SQ Feet | 2,775 |
|---|---|
| Basement | Y |
| Units | 3 |
| Zoning | 26R-4 |
| Acreage | 0.04 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Interior Features | Sprinkler System |
| Exterior Features | Sidewalks |
|---|---|
| Roof | Flat |
| Construction Materials | Brick |
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2715 |
|---|
| State | DE |
|---|---|
| County | NEW CASTLE DE |
| City | WILMINGTON |
| Zip Code | 19801 |
| Area | Wilmington (30906) |
| School District | CHRISTINA |
| High School | CHRISTIANA |
| Listing VS Median (in 19801) | |
Price: $350,000 low | high Med: $199,000 sqft: 2,775 low | high Med: 1,275 $ / sqft: $126 low | high Med: $156 On site: 104 low | high Med: 5 | |
| State | DE |
|---|---|
| County | NEW CASTLE DE |
| City | WILMINGTON |
| Zip Code | 19801 |
| Area | Wilmington (30906) |
| School District | CHRISTINA |
| High School | CHRISTIANA |
| Listing VS Median (in 19801) | |
Price: $350,000 low | high Med: $199,000 sqft: 2,775 low | high Med: 1,275 $ / sqft: $126 low | high Med: $156 On site: 104 low | high Med: 5 | |
![]() | $375,000837 W 4th StWilmington, DE 19801 |