Property Attributes
- MLS#DENC2050280
- TypeCommercial
- CountyNEW CASTLE
- CityWilmington
- AreaWilmington
- NeighborhoodNinth Ward
- Zip19802
- StyleApartment Building
- Year Built1957
- Taxes$ 19919
- Price$ 1,700,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6500
- Lot Size11,761 SqFt
Data Source:
Bright MLS
Property Description
This 10-unit investment is as solid as they come. This was the rectory for the old Christ Our King parish in the Ninth Ward section of Wilmington. This building was renovated by the previous owner in 2020/21. The renovation included adding separate utilities to each unit while keeping some unique features a building of this kind can offer. The building offers tenants new and upgraded kitchens and baths, private off-street parking and a basement coin operated laundry area.
Price History | |
---|---|
10/3/2023 | Listed $1,700,000 |
General Features
Sewer | Public Hook/Up Avail |
---|---|
Heating | Forced Air |
Cooling | Central A/C |
Utilities | Natural Gas Available |
Possession | Negotiable |
Roof | Slate |
Zoning | R3 |
Construction Materials | Masonry,Stone |
Exclusions | tenants' personal property |
Year Built | 1957 |
Property SubType | Five Or More Units |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Gross Income | 162740.00 |
OwnerPays | Sewer,Water |
Business Type | Apartment Building |
Building Name | NONE AVAILABLE |
Accessibility | 36 + wide Halls,Entry Slope |
County | NEW CASTLE |
Net Operating Income | 28802.00 |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | NINTH WARD |
Water Access Y/N | No |
Property Use | Investment |
Status | ACTIVE |
Directions | Concord Ave to N. Monroe St - Building on right. |
ModificationTimestamp | 2024-04-19T20:03:37 |
City | WILMINGTON |
Buyer Agent Compensation | 2 |
Total Units | 10 |
MLS Area | Wilmington (30906) |
Lot Size Square Feet | 11761.20 |
Tax Assessed Value | 435400.0 |
Waterfront Y/N | No |
Street Name | MONROE |
Tax Annual Amount | 19919.0 |
Property Condition | Very Good |
Price Per Sq Ft | 261.06 |
Acceptable Financing | Cash,Conventional |
Historic Y/N | No |
Lease Considered Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 211 |
Standard Status | Active |
Year Built Source | Estimated |
Legal Subdivision | KING GROUP LLC |
Total Actual Rent | 156000.00 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Electric,Natural Gas |
---|---|
Flooring | Wood,Vinyl |
Hot Water | Electric |
Total Stories | 2 |
Heating Y/N | Yes |
Street Suffix | STREET |
Central Air Y/N | Yes |
Entry Level | 1 |
Exterior Features
Water Source | Public Hook-up Available |
---|---|
Total Parking Spaces | 15 |
Type of Parking | Parking Lot |
Foundation Details | Stone |
Water View Y/N | No |
Building Area Total | 6512.00 |
Lot Size Acres | 0.27 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Car Parking Spaces | 15 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool