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Property profile & analytics
OFF-MARKET
Residential income homes

44 Clinton St Delaware City, DE 19706

2,600 SF Built 1910
Property ID
US17-0171968
Property summary
AI-generated overview

This exceptional multifamily investment opportunity is located at 44 Clinton Street in Delaware City, Delaware, 19706. The property consists of a single, two-story Class B building, totaling 2,600 square feet, constructed in 1910 and zoned 22C-1 - CENTRAL COMMERCIAL. The asking price is $425,000, representing a price per square foot of $163.46 and a price per unit of $212,500. The property features two separately rented units: a one-bedroom, one-bathroom apartment and a three-bedroom, two-bathroom apartment. Each unit has its own individually metered gas and electric service, as well as individual hot water heaters and heating and air conditioning systems. The property boasts a scheduled gross annual income of $36,900. Its desirable location directly across from Battery Park and historic Fort Delaware makes this a rare and attractive investment opportunity in the heart of Delaware City. This property is ideal for both experienced investors and those new to the real estate market.

Property profile
Verified
Property type Residential income homes
Year built 1910
Total area 2,600 SF
UPID US17-0171968
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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