1001 & 1003 W. 8TH ST. W 8TH ST, Wilmington, DE 19806
1001 & 1003 W. 8TH ST. W 8TH ST, Wilmington, DE 19806
1001 & 1003 W. 8TH ST. W 8TH ST, Wilmington, DE 19806
1001 & 1003 W. 8TH ST. W 8TH ST, Wilmington, DE 19806
1001 & 1003 W. 8TH ST. W 8TH ST, Wilmington, DE 19806
1001 & 1003 W. 8TH ST. W 8TH ST, Wilmington, DE 19806
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Pumsu Lim

Pumsu Lim

+1(506) 970-3459
$ 1,050,000
Est. payment | /mo

4,350 SqFt

Save
$ 1,050,000
Est. payment | /mo
Save

4,350 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,350 sqft

Price per Sqft $241

Lot Size 4,935 Sqft

MLS Listing ID DENC2099036

Financing Cash,Exchange,Private,Wrap

Style Colonial

Total Units 2

Short Sale No

Originating MLS BRIGHT

Property Description

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!

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-3

Rooms

Basement Full, Outside Entrance, Unfinished

Interior

Hot Water Natural Gas, Electric

Heating Forced Air, Heat Pump - Electric BackUp, Hot Water & Baseboard - Electric

Cooling Central A/C, Ceiling Fan(s)

Flooring Carpet, Laminate Plank, Vinyl

Inclusions As Shown

Fireplace N

Heat Source Natural Gas, Electric

1-purchase type For Sale

Exterior

Exterior Feature Porch(es), Deck(s)

Garage Spaces 4

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Porch Porch(es), Deck(s)

Parking Type On Street, Driveway

Total Parking Spaces 4

Building

New Construction N

Foundation Stone

Lot Dimensions 47x105

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Schools

School District Red Clay Consolidated

Others

Tax Amount $8,065

Tax Year 2025

Tax ID 26-027.40-292 & 26-027.40-291

Ownership Fee Simple

SqFt Source 4350

Acceptable Financing Cash, Exchange, Private, Wrap

Special Sale Standard

Bright MLS (BMLS)
testyfx76
Listed by Joseph P Hurley III • Pantano Real Estate Inc

Nearby Locations

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