UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 6,384 sqft
Price per Sqft $172
MLS Listing ID DENC2087750
Style Colonial
Abv Grd Liv Area 6,384
Year Built 1918
Annual Tax Amount $4,938
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 45 x 140
Property Sub-Type Detached
Source BRIGHT
Property Description
The first floor features two established retail/office tenants, while the second and third floors are configured as three spacious 2-bedroom one bath apartments and fully leased producing income. All units are separately metered for electric and the entire building is fully sprinklered.
To the rear of the property, private off-street parking accommodates approximately 10+- vehicles and connects directly to the adjacent Middletown municipal parking lot—ensuring convenience for both residential and commercial tenants.
This turnkey asset offers immediate income and long-term upside, with potential to enhance residential revenue. A rare combination of stability, condition, and location make this an outstanding addition to any investment portfolio.
Location
State DE
County New Castle
Area South Of The Canal (30907)
Zoning C2
Rooms
Basement Unfinished
Interior
Interior Features Kitchen - Eat-In
Hot Water Electric
Heating Heat Pump - Electric BackUp, Radiant
Cooling Central A/C
Inclusions Owner owned appliances
Fireplace N
Window Features Vinyl Clad,Double Hung
Heat Source Electric, Oil
Exterior
Garage Spaces 10.0
Water Access N
View Street
Roof Type Flat
Accessibility Other Bath Mod
Road Frontage Boro/Township
Total Parking Spaces 10
Garage N
Building
Lot Description Level
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Appoquinimink
Others
Tax ID 23-008.00-026
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
