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$569,000
Listing Price7beds
4baths
3,176sqft
3,049sqft lot
816 W 8th St, Wilmington, DE 19801
Member Features
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Excellent Investment Opportunity Turnkey 5-Unit Apartment Building in WilmingtonnnA rare opportunity to acquire a fully operational, income-producing apartment building in the heart of Wilmington. This well-maintained, turnkey property features five units two spacious 2-bedroom units and three 1-bedroom units.nnPresently, four units are occupied, with one pending a new tenant, providing immediate cash flow. Rents are currently below market, presenting an opportunity for increased returns through rent adjustments. Most leases are month-to-month with long-term tenants.nnThe partially finished basement offers potential for an owners office or additional storage. Property is being sold as-is and is in good overall condition. Inspections are for informational purposes only.nnPerfect for investors seeking strong rental demand and long-term growth potential.
Interior Details
3176
7
4
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Basement (unspecified)
Has Flooring:
No
Flooring Type:
Wood (unspecified)
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
3049
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Duplex Single
Brick
N/A
Flat
Wood
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,605
$5,600
$42,100
--%
$47,700
2019
$1,396
$5,600
$42,100
--%
$47,700
2017
$1,330
$5,600
$42,100
--%
$47,700
2017
$1,330
$5,600
$42,100
--%
$47,700
0
$0
$5,600
$42,100
--%
$47,700
0
$0
$5,600
$42,100
--%
$47,700
0
$0
$5,600
$42,100
--%
$47,700
2012
$0
$5,600
$42,100
--%
$47,700



