$ 199,000
-
$199,000
Price -
0
Bed -
0
Bath -
3,074
SqFt
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About the Listing CBPREWLM - 3304078
Rare opportunity to acquire a portfolio of 17 garage units, including one oversized double garage, offering immediate income potential with additional upside. Currently, 13 garages are tenant occupied with 4 vacant units, providing the opportunity to increase cash flow through lease-up or owner use. Significant capital improvements have already been completed, making this a low-maintenance investment. All garage roofs were repaired or replaced between 2023 and 2024, and nearly every garage door was replaced during the same period. One garage features a custom-built wooden door, designed to accommodate a long-term tenant's oversized vehicle that exceeds the height of a standard overhead door. Whether you're looking to expand your investment portfolio, generate passive income, or provide secure storage solutions in a high-demand area, this unique property offers exceptional flexibility and value. With multiple tenants already in place and several vacant units ready to lease, investors have the opportunity to realize immediate income while increasing returns over time. Don't miss this rare chance to own a well-maintained collection of garages with strong income-producing potential in the City of Wilmington.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Residential
MLS ®
DENC2108048
Year Built
2000
Total Square Footage
3,074
Lot/Acreage
0.16
County
New Castle
Neighborhood
Wilmington
Area
Wilmington (30906)
School District
Red Clay Consolidated
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3074
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: None
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Lot Dimensions: 89 x 80
- Zoning: Residential
- Roof:
- Others:
- Sewer: No Sewer System
Financial Details
- Tax Amount: $1,294
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2600 Moore St Wilmington, DE 19802
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