DE > Wilmington
Wilmington, DE 19801,225 W 7TH ST
Wilmington, DE 19801,225 W 7TH ST
Wilmington, DE 19801,225 W 7TH ST
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$749,000
Est. payment /mo
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1,307 Sqft Lot
Pending

225 W 7TH ST Wilmington, DE 19801

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Zack Grimmer

Zack Grimmer

+1(215) 667-0238

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID DENC2091778

Year Built 1899

Available Date 2025-10-27

Annual Tax Amount $7,145

Tax Year 2025

Lot Size 1,307 Sqft

Acres 0.03

Lot Dimensions 20.00 x 60.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Newly renovated 6 unit building with excellent cashflow potential! When I say renovated I mean EVERYTHING TOP TO BOTTOM. This building is vacant for the new owner to hand pick their own tenants. There are three 1 bedroom / 1 bath units and three open floor plan studios. They range an estimated 550-650 sq. ft per unit and each have washer / dryer hookups and desirable finishes. A fire alarm system needs to be installed for the CO. Plans have been submitted to the city of Wilmington and it will be complete along with the CO upon the sale of the property.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26C-3

Interior

Hot Water Electric

Heating Wall Unit

Cooling Wall Unit

Heat Source Electric

Exterior

Water Access N

Roof Type Flat

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Christina

Others

Tax ID 26-035.10-508

Ownership Fee Simple

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Bright MLS (BMLS)

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Zack Grimmer

Zack Grimmer

Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer | License ID: RS346782 | 1973175 | BK359849

+1(215) 667-0238

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225 W 7TH ST