BEDS0
BATHS
MLS#DENC2103046
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRED CLAY CONSOLIDATED
Property Description
Price improvement!!! this low-maintenance investment opportunity awaits in this high-performing, three-story mixed-use building. The entire property underwent a comprehensive, top-to-bottom remodel in 2024, offering modern systems, contemporary finishes, and peace of mind regarding future capital expenditures. Fully structured for steady cash flow, the building features a high-visibility ground-floor commercial storefront and two fully occupied, updated residential units above. -The Main Floor (Commercial Space): Boasting high visibility and excellent foot traffic, this versatile retail storefront was refreshed in 2024. Complete with a desk area, high ceilings, new flooring, and a dedicated half-bath, it is an ideal turnkey space for a boutique, office, or specialty shop. -The Second Floor (Apartment 1): Remodeled in 2024 with modern flooring, updated kitchen cabinetry, stainless steel appliances, and a totally remodeled bathroom. This spacious 2-bedroom, 1-bathroom unit is currently occupied and generating $1,450/month. - The Third Floor (Apartment 2): Positioned on the top floor for maximum quiet, this second 2-bedroom, 1-bathroom unit features the same beautiful 2024 upgrades as the second floor, paired with elevated neighborhood views. It is currently occupied and generating $1,350/month. - Full, unfinished basement maintained in very good condition. All utility meters are conveniently separated by individual unit. Additionally, this expansive space is ideal for use as inventory or general storage for the ground-floor retail space.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Heat Pump - Gas BackUp
Lot Size: 0.03 Acres
Roof Type: Shingle
Taxes: $5,607
Year Built: 1899
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Oven - Single, Refrigerator
Days on Site: 52
Electric: 220 Volts
Exterior: Brick, Brick Front
Flooring: Laminated, Ceramic Tile
Interior: Upgraded Countertops
Location: Urban
Lot Dimensions: 0.03 Acre(S)
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 0
Two Bedroom Units: 2
Units: 3
Utilities: Natural Gas Available, Electric Available, Sewer Available
Water: Public
Local Schools
High School: MCKEAN
Middle School: DUPONT H
Elementary School: LEWIS
School District: RED CLAY CONSOLIDATED
Listed By / Shown By
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,386.04 per month $812.33 Principal & Interest $467.25 Property Tax $106.46 Homeowner's InsuranceChange Payment Information
1301 W 4th Street | MLS# DENC2103046
This multi-family property located at 1301 W 4th Street, Wilmington, DE 19805 is currently listed for sale with an asking price of $365,000. W 4th Street is located within the RED CLAY CONSOLIDATED school district. Search Wilmington real estate on www.realtymarkllc.com today.