For Sale
$425,000

44 Clinton StDelaware City, DE 19706

Prime Delaware City multifamily, two units. High rental income.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional multifamily investment opportunity is located at 44 Clinton Street in Delaware City, Delaware, 19706. The property consists of a single, two-story Class B building, totaling 2,600 square feet, constructed in 1910 and zoned 22C-1 - CENTRAL COMMERCIAL. The asking price is $425,000, representing a price per square foot of $163.46 and a price per unit of $212,500. The property features two separately rented units: a one-bedroom, one-bathroom apartment and a three-bedroom, two-bathroom apartment. Each unit has its own individually metered gas and electric service, as well as individual hot water heaters and heating and air conditioning systems. The property boasts a scheduled gross annual income of $36,900. Its desirable location directly across from Battery Park and historic Fort Delaware makes this a rare and attractive investment opportunity in the heart of Delaware City. This property is ideal for both experienced investors and those new to the real estate market.

Highlights

  • Two-unit multifamily building, 2,600 sq ft.
  • $425,000 asking price; $163.46/sq ft; $212,500/unit.
  • Scheduled gross annual income: $36,900.
  • Separately metered gas and electric for each unit.
  • Individual hot water heaters in each unit.
  • Individual heating and air conditioning systems in each unit.

Property Details for 44 Clinton St

Property type
Residential income homes
Square Feet
2,600 SF
Class
B
Year Built
1910
Buildings
1
Stories
2
Units
2

Location Insight

City
Delaware City
County
New Castle
State
Delaware
Latitude
39.579080575077
Longitude
-75.588033200236
44 Clinton St, Delaware City, Delaware

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
44 Clinton St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message