44 Clinton StDelaware City, DE 19706
- Investment properties
- 2,600 SF
Property Details for 44 Clinton St
- Year built
- 1910
- Property size (Sq ft)
- 2,600 SF
- Property type
- Investment properties
- Property subtype
- Multifamily properties
Description
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.
Location Insight
- City
- Delaware City
- County
- New Castle
- State
- Delaware
- Latitude
- 39.5791
- Longitude
- -75.588
Comparable in this City
Similar Nearby for Sale
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