1717 4Th St Wilmington, DE 19805
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.