131 W 18TH STREET

WILMINGTON, DE 19802
Square Ft.
5,535
$850,000
Exceptional opportunity to acquire a 6-unit multifamily asset with 5 garages in a highly desirable Wilmington submarket known for strong and consistent rental demand. The property offers an attractive unit mix of two 1-bedroom units and four 2-bedroom units, along with a common laundry area, creating multiple income streams andRead MoreRead Less
Courtesy of Mark Stape, Compass 302-202-9855
Listing Snapshot
Days Online
101
Last Updated
Property Type
Commercial
Square Ft.
5,535
Lot Size
0.14 Acres
Year Built
1921
MLS Number
DENC2099186
Property Location Map
Additional Details
Building
Built in 1921, Construction Materials: Brick
Cooling
None
Accessibility Features
None
Expenses
Operating: $26,771.6
Floors
Wood
Foundation
Stone
Heating
Baseboard - Electric
Income
Gross Income: $84,333, Gross ScheduledIncome: $88,140, Net Operating Income: $57,561.4
Lot
0.14 acres, Dimensions: 51.00 x 118.00
Owner Pays
Sewer, Water, Snow Removal, Taxes - Real Estate, Trash Collection
Roof
Flat
Sewer
Public Sewer
Taxes
Annual Amount: $9,161.11, Lot: 111, Year: 2025, Zoning: 26R-3
Utilities
Water Source: Public
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Monthly Payment
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Jessica Lewis
Realtor
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