709 Windsor St Wilmington, DE 19801
Value-add multifamily property in Wilmington with approved expansion potential.
Lot size:
0.10 AcresProperty Features for 709 Windsor St
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.10 Acres
Building Details
- Year built
- 2012
Source:
Elliman
Listing Agent: Lauren A Janes
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Wilmington Multifamily Investment Opportunity
Located in Wilmington’s Trinity Vicinity District, this apartment building, constructed in 2012, presents a value-add opportunity. The property is currently a well-maintained building that offers immediate cash flow. A city-approved variance is in place to add 4 additional units in the lower level, potentially increasing the total unit count to 16. All units feature a uniform 2-bedroom, 1-bathroom layout. On-site private parking is available. The property is located minutes from Downtown Wilmington. This property may be suitable for investors seeking a stabilized asset with a path to increased net operating income.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5552452
- Latitude
- 39.7452867
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add multifamily property in Wilmington with approved expansion potential.
Where is this apartment building located?
The property is located at 709 Windsor St Wilmington, DE.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: - City-approved variance to add 4 units, increasing total to 16.; - Immediate cash flow with significant growth potential.; - Well-maintained 2012 construction.
