Price Reduction
1201 N Heald Street Wilmington, DE
$ 124,900
Property Attributes
  • MLS#DENC510676
  • TypeCommercial
  • CountyNEW CASTLE
  • CityWilmington
  • AreaWilmington
  • Zip19802
  • StyleGeneral Retail
  • Year Built1933
  • Taxes357
  • Price$ 124,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1250
  • Lot Size1,307 SqFt
Listing Provided Courtesy Of:
EXP Realty, LLC
Property Description

Cash Offers Only- Rarely available 3 unit multiplex is available for a savvy investor to expand their rental portfolio. This building is sold in As-is condition but is in good repair and well maintained. This building is currently permitted for commercial rental and has the potential to be a great turn-key investment. Unit 1 is an efficiency/storefront with a kitchenette and full bathroom. Unit 2 has 1 Bedroom 1 Bath with sizable family room and kitchen. Unit 3 is a 2 Story 2 Bedroom apartment with family room, large kitchen, and 1 Bathroom. This unit also has basement/crawlspace access. Gas and electric bills are separately metered. Water bill is paid by current landlord. This apartment building is convenient to downtown Wilmington and major highways. Schedule a tour today before this opportunity passes!

Price History
10/22/2020 Listed $139,900
11/8/2020 11% - $124,900

General Features

Acceptable Financing Cash
Accessibility None
Business Type Other/General Retail
Construction Materials Brick, Concrete, Stucco
Cool Fuel None
Cooling Window Unit(s)
Heating Forced Air
Legal Subdivision WILMINGTON
Location Type Downtown
MLS Area Wilmington (30906)
New Construction No
Ownership Fee Simple
Possession 0-30 Days CD
Price Per Sq Ft 99.92
Property SubType Mixed Use
Property Type Commercial Sale
PropertyCondition Average
Real Estate Owned Y/N No
Roof Flat
Sewer Public Sewer
Tax Year 2020
Utilities Cable TV
Vacation Rental Y/N No
Water Access Y/N No
Zoning 26R-4
Zoning Description Zoned Commercial with 1 storefront commerical permit. and 2 apartment unit residential permits.

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Total Restrooms 3

Exterior Features

Building Area Total 1250.00
Foundation Details Crawl Space
Inclusions All Applicances
Lot Dimensions 17.00 x 85.00
Lot Size Acres 0.03
Lot Size Source Assessor
Lot Size Square Feet 1307.00
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


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

Property vs Zip Code Average in 19802

AVG $180K
AVG $753
AVG 61
Year Built
AVG 1940

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