409 W 8th St, Wilmington, DE 19801

$595,000
3,000
SqFt

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List Price
$595,000
Days on Market
1
Status
ACTIVE
MLS#
DENC2113310
Living Area
3,000
Lot Size (Acres)
0.04
Style
Colonial
Year Built
1899
County
New Castle
School District
Christina

Property Description

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in Wilmington. The building consists of five one-bedroom apartments and one studio apartment, with the units overall in solid condition. All six units are currently occupied by paying tenants, providing an established income stream from day one. This is a straightforward addition to an investor’s portfolio. With a desirable unit mix, existing tenancy, and solid overall condition, 409 W 8th Street offers investors the opportunity to acquire a stabilized multifamily asset with continued income potential. Conveniently located near downtown Wilmington, major employment centers, public transportation, shopping, dining, and area amenities. Property sq. ft. and taxes are estimated based on New Castle County records. Buyer to perform due diligence.

Additional Information

Area
Wilmington (30906)
School District
Christina
Flooring
Carpet, Vinyl
Exterior Features
Fire Escape
Heating
Electric Baseboard
Cooling
Window/Wall
Roof
Flat
Water
Public
Sewer
Public Sewer
Basement
Full

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Listing courtesy of Compass. Contact: