For Sale
$779,900

1800 Philadelphia Pike Wilmington, DE 19809

Six-unit apartment building with strong tenant history.

Overview

Added:
Feb 3
Days on market:
85
This exceptional six-unit multi-family property, located at 1800 Philadelphia Pike Unit 6 in Wilmington, Delaware, presents a compelling investment opportunity. Situated on a 0.29-acre lot, this building boasts a substantial 6,000 square feet of living space. Each of the six units has undergone updates over time, ensuring a desirable living environment for tenants. The property benefits from a history of long-term tenants, providing consistent rental income. To further enhance convenience, off-street parking is available for residents. The building's solid stone foundation contributes to its durability and longevity. A significant advantage is that tenants are responsible for their own heat and electricity, minimizing the owner's operational expenses. The owner covers water, sewer, and trash services. Coin-operated laundry facilities are conveniently located on-site. This property offers a stable and attractive addition to any real estate investment portfolio, promising a strong return on investment. The property is located in New Castle County. Interested parties should allow a minimum of 48 hours' notice for scheduling a viewing.

Property Details for 1800 Philadelphia Pike

Property type
Multifamily properties
Square Feet
6,000 SF
Year Built
1953
Lot Size (sq. ft)
12,632 SF

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.78698
Longitude
-75.47536

FAQs

What type of property is this?
Multifamily property - Six-unit apartment building with strong tenant history.
Where is the multifamily property located?
The property is located at 1800 Philadelphia Pike Wilmington, DE.
What is the asking price?
The asking price for this property is $779,900.
How can I contact the broker?
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1800 Philadelphia Pike
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