35 Camden Wyoming AveWyoming, DE 19934

  • Other commercial real estate
  • 6,619 SF
For Sale
$1,600,000 View listing

Property Details for 35 Camden Wyoming Ave

Year built
1940
Lot size
0.25 AC
Property size (Sq ft)
6,619 SF
Zone code
R2
Property type
Other commercial real estate
APN
7-20-094.06-04-75.00-000
APU
72009406047500000

Description

This exceptional investment opportunity presents a six-unit multi-family property ideally situated at 35 W Camden Wyoming Avenue, Wyoming, Delaware. The property boasts a total of 6,619 square feet and sits on a 0.41-acre lot, offering ample space and potential for future development or expansion. Currently, all six units are occupied, generating immediate and consistent rental income. The building's prime location at the corner of Camden Wyoming Avenue and N. Layton Avenue ensures high visibility and easy access for residents and visitors alike. This well-maintained complex is characterized by its unique charm and character, making it an attractive option for tenants. The property presents a rare opportunity to acquire a profitable, established multi-family investment in a desirable location. The asking price is $1,600,000. This is a turnkey operation with existing tenants, providing immediate cash flow. The property's strong occupancy rate and desirable location make it an excellent investment for both seasoned and new investors seeking a stable and profitable venture in the thriving Delaware market. Don't miss this chance to own a piece of Wyoming's vibrant community. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,237,860
    Hospitality
    $2,965,862
    Educational
    $2,467,562
    Medical
    $2,552,426
    Retail
    $3,838,430
35 Camden Wyoming Ave, Wyoming, Delaware

Location Insight

City
Wyoming
County
Kent
State
Delaware
Latitude
39.1174
Longitude
-75.5562
CBSA code
20100
CBSA name
DOVER, DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,233
$4,900
$43,900
$48,800
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