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Property profile & analytics
OFF-MARKET
Mixed-use properties

1717 4Th St Wilmington, DE 19805

1,850 SF 0.05 ac lot Built 1900
Property ID
US17-0040878
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1900
Total area 1,850 SF
Lot 0.05 ac (2,178 SF)
UPID US17-0040878
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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