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About This Home
This 4-bedroom, 4-bathroom single family at 802 N WASHINGTON Street in Wilmington, DE is listed for $265,000 ($95 per sqft). Built in 1900, the home offers 2,800 sqft of living space on a 0.06 acres lot.
Unlock the potential of this 4-unit multifamily property located in the heart of Wilmington. The first-floor unit is currently leased, providing immediate income, while the remaining three units have been gutted and are ready for renovation, offering investors the opportunity to create significant value and maximize future cash flow.
This three-story brick building features approximately 2,967 square feet and sits on a sizable lot. Whether you're looking to complete a full repositioning project, or add to your rental portfolio, this property offers a blank canvas with strong upside potential. Conveniently located near downtown Wilmington, major employers, transportation, shopping, and dining. Buyer to perform their own due diligence regarding zoning, permits, building codes, square footage, property taxes, and intended use.
Key Features
- Built in 1900
- 0.06 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$1,417/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
802 N WASHINGTON Street
Wilmington, DE 19801
WILM #16
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 4-bathroom single family at 802 N WASHINGTON Street is listed at $265,000 ($95/sqft). The estimated monthly payment is $1,148 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.06 acre lot, 2 stories.
This property is listed by Cole Mathew Ciber and can be reached at 3026504087 or cole.ciber@compass.com.
