$ 1,050,000
-
$1,050,000
Price -
0
Bed -
0
Bath -
4,350
SqFt
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About the Listing PANTAN - 3129433
Welcome to Cool Springs, located on the Westside of the City of Wilmington! Proximity to highways, places of worship, educational facilities, and moments to hot spots in Trolley Square, Union Street, and the Central Business district downtown, this is right in the middle of it all! Nine unit apartment building comprised of two structures with separate entrances with a common access basement is ready for its next operator. 1001 offers four units while 1003 offers five. A sliver of off street parking rounds out the amenities for tenants and management alike. An eclectic mix of modern and functional units that afford a cozy lifestyle for tenants. Separate systems make operation dynamics a breeze and keep owner expenses to a minimum. Excellent opportunity for some value add projects while repositioning of rents to increase cash flow and maximize return on investment. Could be the cornerstone of a performing portfolio, or a healthy addition to a scaled operation. A unique opportunity in a desirable locale for the smart investor to capitalize on!
Listing Highlights
Status
Active
Days on Site
18
Property Type
Commercial Sale
MLS ®
DENC2099042
Year Built
1889
Total Square Footage
4,350
Lot/Acreage
0.11
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Central A/C
- Heating: Forced Air,Heat Pump - Electric BackUp,Hot Water & Baseboard - Electric
- Fireplaces:
- Floor: Carpet,Laminate Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 47x105
- Zoning: 26R-3
- Roof: Flat
- Others: Good
- Sewer: Public Sewer
- Parking Features: Driveway,On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $8,065
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1001 & 1003 W. 8th St. W 8th St Wilmington, DE 19806
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