1717 4Th St Wilmington, DE 19805

Property Details for 1717 4Th St

Year built

1900

Lot size

0.05 lot acres

Property size

1,850 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property, located at 1717 W 4th Street in Wilmington, Delaware, presents a compelling investment or owner-occupant opportunity. The 1,850 square foot building sits on a 0.05-acre lot in the vibrant Hilltop community, a heavily trafficked commercial corridor with numerous thriving businesses. The brick structure features a main floor commercial space and a second-floor residential unit. The main floor, previously used as a place of worship, boasts tile flooring, a large window overlooking the street, a full bathroom, and office space, plus side and rear access. A clean basement offers ample storage and houses the building's mechanical systems, including separate electric hot water and meters, and a new gas-fired boiler. The second-floor residential unit includes a rear bedroom with private deck access overlooking a multi-tiered backyard, a full hallway bathroom, an eat-in kitchen, and a front living room. This space offers potential for reconfiguration into a two-bedroom unit, increasing rental income. The 26C-2 zoning allows for diverse uses. Priced at $275,000, this property offers strong cash flow potential for investors or the chance to combine business and residential living for owner-occupants. The property's prime location and versatile layout make it an attractive proposition in a thriving Wilmington neighborhood.