1301 W 4th St

Wilmington, DE 19805
  • $390,000

    Price
  • 4

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing KWEMPWR - 3135295

An exceptional, 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.

Listing Highlights

Status Active
Days on Site 26
Property Type Multi-Family
MLS ® DENC2103046
Year Built 1899
Total Square Footage 0
Lot/Acreage 0.03
County New Castle
School District Red Clay Consolidated
Elementary School Lewis
Middle School Dupont H
High School Mckean

Interior Details

  • Bedrooms: 4
  • Bathrooms: 0 Full
  • Appliances: Oven - Single, Refrigerator
  • Air Cond: Window Unit(s)
  • Heating: Heat Pump - Gas BackUp
  • Fireplaces:
  • Floor: Laminated,Ceramic Tile
  • Above Ground Sq Ft: 0
  • Below Ground Sq Ft: 0
  • Basement: Full
  • Other: Upgraded Countertops
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: N/A
  • Lot Dimensions: 17.50 x 74.30
  • Zoning: 26R-3
  • Roof: Shingle
  • Others: Excellent
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $5,607
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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1301 W 4th St Wilmington, DE 19805

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Originating MLS: BRIGHT_MAIN

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