Remarks

Welcome to the Hilltop community in the City of Wilmington! Heavily traveled, main artery into and out of the hot spots in town. Commercial corridor with many thriving businesses and other professional uses. This mixed use building benefits from brick construction on a twin structure with a main floor commercial space and a second floor residential component. Main floor was most previously utilized as a place of worship and has tile flooring, a large window opening overlooking the community, a full bathroom and office space, as well as access to the side and rear areas of the parcel. Basement is accessed exclusively in this unit and provides a clean area for storage and mechanical appointments. Separate electric hot water, electric meters and one brand new gas fired boiler system provide all the necessities for the building. Second floor residential unit has one bedroom on the rear that has access to a private deck overlooking the multi-teared rear yard. Full hallway bathroom, eat in kitchen and a living room on the front of the structure. This space could be reconfigured to become a two bedroom unit if the kitchen is moved to the front room and a wall and closet constructed for the now kitchen area, which would position the rental amount higher. Excellent opportunity for aspiring investor to purchase this property and start the cash flow rolling, or for an owner occupant to move in and use the main floor for a business, or rent to subsidize the mortgage payment. 26C-2 zoning allows for some other creative uses, educate yourself and come up with an idea to best maximize this opportunity!

Details

MLS#: DENC2063860
Price: $275,000

Year Built: 1900

County: NEW CASTLE
Tax Fee: 1350.8