CHARIS REALTY GROUP

Other

1301 W 4TH STREET

WILMINGTON, DE 19805

MLS#: DENC2103046

$390,000

Status: Active
Listing number: DENC2103046
Listing provided by: KW Empower
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
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Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1899

Sq.Footage

0

An exceptional, low-maintenance investment opportunity awaits in this high-performing, three-story mixed-use building. The entire property underwent a comprehensive, top-to-bottom remodel in 2024, offering modern systems, contemporary finishes, and peace of mind regarding future capital expenditures. Fully structured for steady cash flow, the building features a high-visibility ground-floor commercial storefront and two fully occupied, updated residential units above. -The Main Floor (Commercial Space): Boasting high visibility and excellent foot traffic, this versatile retail storefront was refreshed in 2024. Complete with a desk area, high ceilings, new flooring, and a dedicated half-bath, it is an ideal turnkey space for a boutique, office, or specialty shop. -The Second Floor (Apartment 1): Remodeled in 2024 with modern flooring, updated kitchen cabinetry, stainless steel appliances, and a totally remodeled bathroom. This spacious 2-bedroom, 1-bathroom unit is currently occupied and generating $1,450/month. - The Third Floor (Apartment 2): Positioned on the top floor for maximum quiet, this second 2-bedroom, 1-bathroom unit features the same beautiful 2024 upgrades as the second floor, paired with elevated neighborhood views. It is currently occupied and generating $1,350/month. - Full, unfinished basement maintained in very good condition. All utility meters are conveniently separated by individual unit. Additionally, this expansive space is ideal for use as inventory or general storage for the ground-floor retail space.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick Veneer, Brick

  • Other Exterior Features

    Other

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1307.0

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Other

Price

  • Sales Price

    $390,000

  • Tax Amount

    $5,607

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    LEWIS

  • Middle School

    DUPONT H

  • High School

    MCKEAN

Property Features

  • New Construction

    NO

  • Foundation Details

    Concrete Perimeter

  • Sewer

    Public Sewer

  • Tax Lot

    261

  • Water Source

    Public

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Location

County

NEW CASTLE

Elementary School

LEWIS

Middle School

DUPONT H

High School

MCKEAN

Listing Courtesy of Cristina Di Munno-Borla , KW Empower

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Agent Christy Issler

Owner, Principal Broker

Christy Issler

Call Christy today to schedule a private showing.

(240) 285-6497

christy@charisrealty.com


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An exceptional, low-maintenance investment opportunity awaits in this high-performing, three-story mixed-use building. The entire property underwent a comprehensive, top-to-bottom remodel in 2024, offering modern systems, contemporary finishes, and peace of mind regarding future capital expenditures. Fully structured for steady cash flow, the building features a high-visibility ground-floor commercial storefront and two fully occupied, updated residential units above. -The Main Floor (Commercial Space): Boasting high visibility and excellent foot traffic, this versatile retail storefront was refreshed in 2024. Complete with a desk area, high ceilings, new flooring, and a dedicated half-bath, it is an ideal turnkey space for a boutique, office, or specialty shop. -The Second Floor (Apartment 1): Remodeled in 2024 with modern flooring, updated kitchen cabinetry, stainless steel appliances, and a totally remodeled bathroom. This spacious 2-bedroom, 1-bathroom unit is currently occupied and generating $1,450/month. - The Third Floor (Apartment 2): Positioned on the top floor for maximum quiet, this second 2-bedroom, 1-bathroom unit features the same beautiful 2024 upgrades as the second floor, paired with elevated neighborhood views. It is currently occupied and generating $1,350/month. - Full, unfinished basement maintained in very good condition. All utility meters are conveniently separated by individual unit. Additionally, this expansive space is ideal for use as inventory or general storage for the ground-floor retail space.

1301 W 4TH STREET

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