Wilmington DE Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- DENC2067984
ADDITIONAL INFORMATION
Calling all business owners & investors. Here is your opportunity to seize the chance to own a unique property with two apartments and a large commercial building. Situated just outside the city limits, this opportunity is ideal for investors and entrepreneurs ready to make their mark in real estate. With endless income possibilities, this property is a dream for those with ambition. The property features a new roof installed 2024, large parking area, zoned CR. This versatile building can accommodate just about any business you can think of. Don't miss out - schedule a showing today!
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1906
- Baths:
- MLS#:
- DENC2066408
ADDITIONAL INFORMATION
Welcome to an unparalleled investment opportunity on a major thoroughfare in the City of Wilmington, featuring two side-by-side buildings with immense potential. Building 1 houses an actively licensed liquor store on the ground level, with a 3-bedroom, 1-bathroom apartment above. The included liquor license likely provides market exclusivity within a half-mile radius, offering a stable income stream and deterring competition. Building 2 is comprised of three units: an unfinished commercial space and an efficiency unit on the first floor, with a 3-bed, 1-bath unit on the second floor. Both buildings require significant rehabilitation, making them perfect for a savvy investor looking to add value. Located in a prime urban setting, these properties offer diverse rental and commercial opportunities, enhanced by Wilmington's ongoing development. Don't miss this rare chance to secure a key piece of Wilmington's real estate market and capitalize on its growth potential. Schedule your tour today! Both Parcels - 26-022.20-440 & 26-022.20-439 are included in the sale.
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1935
- Baths:
- MLS#:
- DENC2061712
- Subdivision:
- Ninth Ward
ADDITIONAL INFORMATION
Both two bedroom units have been renovated, new kitchens, paint, flooring and hvac systems with central a/c units. Second floor is rented for $1200, just finished first floor, projected rent is $1400. Solid investment in a good area, nice properties to add to your investment portfolio. Seller is related to a Delaware Realtor, Call to view.
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1935
- Baths:
- MLS#:
- DENC2061710
ADDITIONAL INFORMATION
Strong cash flow duplex, each 2 bedrooms with an apartment on each floor. Same tenants for years, steady investment and easy to manage. Units are now vacant, freshly painted, currently installing new counter tops and then carpeting them. Tenants pay for utilities, electric and heat, owner pays water and sewer. Owner is related to a Delaware Realtor. Call to view property.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- DENC2047506
- Subdivision:
- Ninth Ward
ADDITIONAL INFORMATION
Welcome to the Ninth Ward! A classic and charming community of yesteryear exuding an attention to detail and architectural flare rarely reproduced in todays modern renovation style. What we have here is an epically renovated, mixed use offering with two physical structures on an oversized City lot with proper 26R5-B Zoning. Majestic and elevated stone terrace overlooks the surrounding, commercial corridor with which the subject is sited. Wrap around and covered porch with ceiling fans provides the backdrop as you approach the main entrance. First floor is a commercial space, set up to be a daycare facility, that has approval for 12 individuals. Wainscoting and chair railing wraps the entire space, which features three spacious collaborative elements with cubbies, exposed brick built ins, a massive wall mounted TV, recessed lights, and ceiling fan. Two bathrooms service this level with granite vanities and toddler toilet provisions. Full kitchen with dark maple, soft close, shaker style cabinetry is topped with granite and flanked by a custom backsplash and stainless steel appliance package. Office is located on the rear area and has a TV which displays all cameras for the space. Last room is a staging area with sink that leads to rear, fenced in patio. Second floor provides a spacious, two bedroom apartment. As you enter, you will be greeted by a formal living area with recessed lights and a nook for a decorative element. Two bedrooms with modern closet capacity with custom light fixtures. Full bathroom with tile floor, walls, and shower stall all wrapped in glass enclosure with built ins and soaking tub to relax your stress away. Kitchen with soft close, dark maple, shaker style cabinetry is topped with granite, custom tile backsplash, stainless appliance package and laundry facility. Rear door leads to roof top deck and fire escape. Up the turned staircase to the third floor is another two bedroom apartment. Each bedroom has modern storage capacity and custom hanging light fixtures. Cozy living area to retreat to after a long days work. Kitchen with soft close, dark maple cabinetry in a shaker style with wrap around bar flanked by custom tile backsplash, stainless appliance package and topped off with laundry facilities. Access to private rear deck to relax and pass time. Accessory dwelling unit, detached in the back corner of the property, plays host to a third, two bedroom unit. Main level provides laundry facilities, half bath, kitchen and living space. Second floor is host to two spacious bedrooms and a private deck overlooking the rear patio and driveway area. All mechanicals are brand new to include water line from the street, gas line, meters and connectors, separate electric panels and meters for each unit, separate high efficiency gas fired HVAC units, separate high efficiency tankless hot water heaters for each unit, entire property security system with key pads in each of the three units in the main building, brand new branch wiring for the main building and separate electrical panels, new windows, roof, siding, poured concrete perimeter, as well as vinyl fence around the sides of the lot. Not a single millimeter was left untouched. Currently being used as an AirBnB for the two apartments in the main building, with a month to month tenant in the accessory dwelling. Main floor commercial space is turn key, 12 person daycare. nothing left to do here expect operate the daycare and either keep the AirBnB, or convert to traditional rental scenario. The true definition of a turn key, cash flowing property is being offered for sale, with the highest of fit and finish, leaving no space untouched, and no detail left out. Once the day care is operational, the pro forma is off the charts, and with the AirBnB, the sky can't even be the limit. Minimal maintenance expenditures and low operational costs mean less headache and more money to make! Start working for yourself and never look back!
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Wilmington Real Estate
The median home value in Wilmington, DE is $273,100. This is lower than the county median home value of $311,200. The national median home value is $338,100. The average price of homes sold in Wilmington, DE is $273,100. Approximately 38.44% of Wilmington homes are owned, compared to 49.53% rented, while 12.03% are vacant. Wilmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wilmington real estate agent to arrange a tour today!
Wilmington, Delaware 19802 has a population of 70,926. Wilmington 19802 is less family-centric than the surrounding county with 24.24% of the households containing married families with children. The county average for households married with children is 27.86%.
The median household income in Wilmington, Delaware 19802 is $49,354. The median household income for the surrounding county is $78,428 compared to the national median of $69,021. The median age of people living in Wilmington 19802 is 36.3 years.
Wilmington Weather
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 25.2 degrees. The average rainfall is approximately 44.7 inches per year, with 13 inches of snow per year.