Another Property Sold - 110 E Fortieth Street, Wilmington, DE 19802

by David Harrell 11/28/2023

110 E Fortieth Street, Wilmington, DE 19802
MultifamilySold
List Price $399,000
Sold Price $395,000
110 E Fortieth Street
Wilmington, DE 19802
Listed by: Long & Foster Real Estate, Inc., (302) 351-5000
MLS: Bright MLS
3,750Sq Ft
Est. Mortgage
$2,160/mo

One-of-a-kind multifamily property solidly built in 1977 by the current owner. This property is gigantic and is NOT located within the city limits. There are currently 3 units with separate electric meters as follows. Main Floor 3BR, 2-1/2 ba unit was occupied by the owner and was not rented, and is currently vacant. The main floor unit and the walkout finished basement both with multiple entryways are enormous and have the potential to be divided into additional apartments. Amenities include 4 Off Street parking spaces. Inside could use some cosmetic updates to brighten up the rooms. The exterior pitched roof has been replaced and the home has real Stucco, not synthetic. Two separate lockable storage units for tenants. The house is on a quiet dead-end street. This is a tremendous opportunity for a savvy investor.

Learn more about this property
About the Author
Author

David Harrell

Hi, I'm David Harrell and I'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.