Listed By:
BHHS Fox & Roach - Hockessin
Address
2810 N Monroe Street, Wilmington, DE
Price
$ 1,700,000
Property Attributes
  • MLS#DENC2050280
  • TypeCommercial
  • CountyNEW CASTLE
  • CityWilmington
  • AreaWilmington
  • NeighborhoodNinth Ward
  • Zip19802
  • StyleApartment Building
  • Year Built1957
  • Taxes$ 19919
  • Price$ 1,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6500
  • Lot Size11,761 SqFt
Data Source:
Bright MLS
Property Description

This 10-unit investment is as solid as they come. This was the rectory for the old Christ Our King parish in the Ninth Ward section of Wilmington. This building was renovated by the previous owner in 2020/21. The renovation included adding separate utilities to each unit while keeping some unique features a building of this kind can offer. The building offers tenants new and upgraded kitchens and baths, private off-street parking and a basement coin operated laundry area.

Price History
10/3/2023 Listed $1,700,000

General Features

Sewer Public Hook/Up Avail
Heating Forced Air
Cooling Central A/C
Utilities Natural Gas Available
Possession Negotiable
Roof Slate
Zoning R3
Construction Materials Masonry,Stone
Exclusions tenants' personal property
Year Built 1957
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 162740.00
OwnerPays Sewer,Water
Business Type Apartment Building
Building Name NONE AVAILABLE
Accessibility 36 + wide Halls,Entry Slope
County NEW CASTLE
Net Operating Income 28802.00
New Construction No
Property Type Commercial Sale
Subdivision Name NINTH WARD
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions Concord Ave to N. Monroe St - Building on right.
ModificationTimestamp 2024-04-19T20:03:37
City WILMINGTON
Buyer Agent Compensation 2
Total Units 10
MLS Area Wilmington (30906)
Lot Size Square Feet 11761.20
Tax Assessed Value 435400.0
Waterfront Y/N No
Street Name MONROE
Tax Annual Amount 19919.0
Property Condition Very Good
Price Per Sq Ft 261.06
Acceptable Financing Cash,Conventional
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 200
Standard Status Active
Year Built Source Estimated
Legal Subdivision KING GROUP LLC
Total Actual Rent 156000.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric,Natural Gas
Flooring Wood,Vinyl
Hot Water Electric
Total Stories 2
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes
Entry Level 1

Exterior Features

Water Source Public Hook-up Available
Total Parking Spaces 15
Type of Parking Parking Lot
Foundation Details Stone
Water View Y/N No
Building Area Total 6512.00
Lot Size Acres 0.27
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 15

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19802

Price
AVG $750K
$1.7M
Taxes
AVG $7,873
$19,919
Visits
AVG 321
266
Data Provided by Inside Real Estate®
Year Built
AVG 1949
1957
Walkscore
AVG 74
67
Data Provided by Walkscore® not using MLS data

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