225 W 7TH ST new to site Save Request In-Person Tour Request Virtual Tour
Wilmington,DE 19801
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DENC2091778
Year Built 1899
Available Date 2025-10-27
Annual Tax Amount $7,145
Tax Year 2025
Lot Size 1,307 Sqft
Acres 0.03
Lot Dimensions 20.00 x 60.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Newly renovated 6 unit building with excellent cashflow potential! When I say renovated I mean EVERYTHING TOP TO BOTTOM. This building is vacant for the new owner to hand pick their own tenants. There are three 1 bedroom / 1 bath units and three open floor plan studios. They range an estimated 550-650 sq. ft per unit and each have washer / dryer hookups and desirable finishes. A fire alarm system needs to be installed for the CO. Plans have been submitted to the city of Wilmington and it will be complete along with the CO upon the sale of the property.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26C-3
Interior
Hot Water Electric
Heating Wall Unit
Cooling Wall Unit
Heat Source Electric
Exterior
Water Access N
Roof Type Flat
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Christina
Others
Tax ID 26-035.10-508
Ownership Fee Simple
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Financing Conventional,Cash
Special Listing Condition Standard