$549,900 827 N Jefferson St Wilmington, DE

MLS: 6639757   Type: Commercial   County: New Castle   City: Wilmington   Neighborhood: Wilm #16   Zip: 19801   Style: Leasehold,Office,Professional     Taxes: $4,149

Mortgage $2,582 /mo



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Great opportunity to own this unique investment property. This building has 3 separate one bedroom units. The center unit was previously a dental office so it can work for almost any business requiring multiple rooms and office space. It also has over 20 parking spots there's plenty of parking for all your tenants and business clients. This is a great location located in the city of Wilmington. Numerous shops, restaurants, market street, banks, are all within walking distance. All three 1 bedroom units are currently rented. Current rent: 827A - $700 monthly, 827B - $700 monthly, 829 (prev dental office) - was rented for $3,000 monthly, 831 - $1,100 monthly. Long term tenants are in both 827 units and have not received increases, so there opportunity to generate more rental income in those units. Office space on the first floor is 2,500 sq ft and asking price is $15 per sq ft.

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Price History

9/10/2015 Listed $599,000
1/29/2016 5% - $574,900
6/9/2016 5% - $549,900

Businesstype Leasehold, Office, Professional
Hot Water Natural Gas, Electric
Is Twin No
Listing Area Wilmington
Property Type Commercial
School District Christina
Subdivision WILM #16
Tenancy Month-to-Month Lease(s), 1 Yr or less
Tenantpays PayElec, PayHeat, PayGas, PayWtr, PaySwr, PayHtWtr, Trash Rem Chrg, PayCblTV
Utilities WaterAvail, SewerAvail, GasAvail, ElectrcAvail, PhoneUtil, CableTVAvail
Zoning 26R-4

Interior Features

Electric 200-300AmpEl
Flooring Tile/Brick, Wood, CarpetFlr

Exterior Features

Buildings 3
Exterior Brick, Stone
Foundation StoneFound, ConcreteFoun
Lot Dimensions 112X90
Parking Features LotPark, PavedPark
Roof FlatRoof
Sewer Public Sewer
Water Public
Waterfront Property N

Property Schools

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Property vs Zip Code Avg (19801)

Price 549K Avg 233K

Taxes $4,149 Avg $3,453

Acres 0.21 Avg 0.12

Visits 39 Avg 32

Walkscore® 92 Avg 89

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Listing Provided Courtesy Of: Coldwell Banker Preferred-Wilmington

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Location & Address

eXp Realty Delaware
State Broker of Record is located at 144 Kings Hwy, Suite 301, Dover, DE 19
Dover, DE