Bought with CJ Farris Jones • Century 21 Gold Key Realty
$250,000
$265,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,800 SqFt
SOLD DATE : 07/22/2026
Key Details
Sold Price $250,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $89
Subdivision Wilm #16
MLS Listing ID DENC2101346
Sold Date 07/22/26
Style Traditional
Bedrooms 4
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 2,800
Year Built 1900
Annual Tax Amount $5,574
Tax Year 2025
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions 20.50 x 128.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Unlock the potential of this 4-unit multifamily property located in the heart of Wilmington. The first-floor unit is currently leased, providing immediate income, while the remaining three units have been gutted and are ready for renovation, offering investors the opportunity to create significant value and maximize future cash flow. This three-story brick building features approximately 2,967 square feet and sits on a sizable lot. Whether you're looking to complete a full repositioning project, or add to your rental portfolio, this property offers a blank canvas with strong upside potential. Conveniently located near downtown Wilmington, major employers, transportation, shopping, and dining. Buyer to perform their own due diligence regarding zoning, permits, building codes, square footage, property taxes, and intended use.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26C-4
Rooms
Basement Full, Rear Entrance
Main Level Bedrooms 1
Interior
Hot Water Other
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit
Exterior
Water Access N
Roof Type Flat
Street Surface Black Top
Accessibility 2+ Access Exits
Road Frontage City/County
Garage N
Private Pool No
Building
Story 2
Foundation Stone
Above Ground Finished SqFt 2800
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Plaster Walls
New Construction N
Schools
School District Christina
Others
Senior Community No
Tax ID 26-035.10-355
Ownership Fee Simple
SqFt Source 2800
Acceptable Financing Negotiable
Listing Terms Negotiable
Financing Negotiable
Special Listing Condition Standard
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1521 Concord Pike, Suite 102, Wilmington, DE 19803, United States