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$1,395,000.00

2300 17TH

WILMINGTON, DE 19806

7405.00 Sq. Ft.

Year Built : 1960

List Date : 2020-11-11

MLS# : B DENC513066

This unique property presents a rare opportunity for a savvy real estate investor to own a special income producing apartment building. This is a place worth keeping in a rental portfolio for decades. Located on the corner of Woodlawn Avenue and West 17th Street, the beautiful architecture combined with an ideal location offers endless possibilities. Originally built as a seven-unit apartment building, the existing footprint is set up for six apartments each with two bedrooms and two bathrooms. Architectural features include: 10' ceilings, open front porches for each unit, a huge rear patio, and interesting little details throughout. PLEASE NOTE: The building is in need of renovation but the bones are solid and the numbers work. There is separate electric service for each unit with seven electric panels/meters, natural gas to the building, asbestos materials were professionally removed from the basement, and phase 1 environmental testing has been completed. Building floor plans are available upon request. Serious inquiries only please. Property being sold in "as is" condition.



FEATURES

  • Construction: Stucco,Concrete
  • County: NEW CASTLE
  • Tax Amount: $4,263.00
  • Tax Year: 2020
  • Waterfront: N

This listing is courtesy of Long & Foster Real Estate, Inc.