1301 West 4th Street Wilmington, DE 19805

Building Details

Year Built

1899

Listing Agency KW Empower c***@kw.com Show Phone

Listed by Cristina Di Munno-Borla · License #R3-0020817 Show Phone

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Added: May 27 Checked: Jul 16 at 4:50 am

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Investment Insights

Based on property information with market context.

This three-story mixed-use building presents a low-maintenance investment opportunity. The entire property was remodeled in 2024, featuring modern systems and contemporary finishes. The building is structured for cash flow, with a ground-floor commercial storefront and two occupied residential units. The retail storefront has high visibility and foot traffic, and was refreshed in 2024. It includes a desk area, high ceilings, new flooring, and a half-bath, suitable for a boutique, office, or specialty shop. The second-floor apartment is a 2-bedroom, 1-bathroom unit remodeled in 2024 with modern flooring, updated kitchen cabinetry, stainless steel appliances, and a remodeled bathroom. It is currently occupied and generating $1,450 per month. The third-floor apartment is also a 2-bedroom, 1-bathroom unit with 2024 upgrades and neighborhood views. It is currently occupied and generating $1,350 per month. The property is located in Wilmington, New Castle County, within city limits. Transportation options include an airport less than 10 miles away and a commuter rail station 1 to 5 miles away. The school district is Red Clay Consolidated.

Key Highlights

• Fully remodeled in 2024, ensuring modern systems and contemporary finishes.
• High‑visibility ground‑floor commercial storefront with excellent foot traffic.
• Two fully occupied and updated residential units generating steady cash flow ($1,450/$1,350 per month).

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FAQs

What type of property is this?

Mixed-use property - Three-story mixed-use building with commercial storefront and two residential units.

Where is this mixed-use property located?

The property is located at 1301 West 4th Street Wilmington, DE.

What is the asking price?

The asking price for this property is $365,000.

What are key features of this property?

This property features: Fully remodeled in 2024, ensuring modern systems and contemporary finishes.; High‑visibility ground‑floor commercial storefront with excellent foot traffic.; Two fully occupied and updated residential units generating steady cash flow ($1,450/$1,350 per month).