Listed By:
RE/MAX Point Realty
Address
1801 W 4Th Street, Wilmington, DE
Price
$ 599,000
Property Attributes
  • MLS#DENC2057440
  • TypeCommercial
  • CountyNEW CASTLE
  • CityWilmington
  • AreaWilmington
  • Zip19805
  • StyleApartment Building
  • Year Built1948
  • Taxes$ 3022
  • Price$ 599,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3420
  • Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description

Prime investment opportunity in a highly trafficked, popular area: a meticulously maintained mixed-use building featuring five residential apartments and a commercial office space. With a newly upgraded roof, this property is designed for optimal profitability and ease of management. Each apartment offers modern living spaces, catering to a high demand for rental units. The commercial space enhances the building's value, attracting steady business activities. A strategic acquisition for investors seeking to capitalize on both residential and commercial rental income

Price History
3/29/2024 Listed $599,000

General Features

Sewer Public Septic
Heating Baseboard - Electric
Cooling None
Possession Negotiable
Zoning 26C-2
Construction Materials Brick
Year Built 1948
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Business Type Apartment Building,Other
Accessibility None
County NEW CASTLE
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions N Scott to 4th
ModificationTimestamp 2024-04-01T11:24:14
City WILMINGTON
Buyer Agent Compensation 2.5
Total Units 6
MLS Area Wilmington (30906)
Lot Size Square Feet 1307.00
Tax Assessed Value 66000.0
Waterfront Y/N No
Street Name 4TH
Tax Annual Amount 3022.0
Price Per Sq Ft 175.15
Vacation Rental Y/N No
Days on Market 34
Standard Status Active
Year Built Source Estimated
Legal Subdivision WILMINGTON
Tax Lot 178
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Total Stories 3
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No

Exterior Features

Water Source Public
Type of Parking On Street
Water View Y/N No
Building Area Total 3420.00
Lot Dimensions 19.30 x 74.10
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 13100.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

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

Property vs Commercial Average in 19805

Price
AVG $160K
$600K
Taxes
AVG $1,842
$3,022
Visits
AVG 65
38
Data Provided by Inside Real Estate®
Year Built
AVG 1941
1948

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