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.
Listed By
Agency Name: Compass
Agency Phone: 3022029855
Shown By
Agency Title: Maverick Realty, LLC
Agency Phone: (302) 365-8297
Estimated Payment
$ 1,131.57 per month $589.78 Principal & Interest $464.50 Property Tax $77.29 Homeowner's Insurance
802 N Washington Street | MLS# DENC2101346
This single family home located at 802 N Washington Street , Wilmington, DE 19801 is currently listed for sale with an asking price of $265,000. This property was built in 1900 and has 4 bedrooms and 4 full baths with 2800 sq. ft. N Washington Street is located in the WILM #16 subdivision within the CHRISTINA school district. Search WILM #16 real estate on www.maverickrealtyusa.com today.