Introducing 621 Maryland Ave in Wilmington—a prime investment opportunity that seamlessly blends commercial and residential income streams. This versatile property boasts a bustling restaurant on the ground level, secured by a long-term lease generating a reliable $2,800 per month. Ascend to the second floor, where two inviting 2-bedroom apartments are tenant-occupied, providing additional monthly income of $950 and $925 respectively.
This property not only offers immediate returns but also the potential to enhance your portfolio when purchased as part of a comprehensive investment package with 1003 and 1005 Beech St (MLS #DENC2075898 & DENC2075904). Ideally situated in a dynamic area of Wilmington, 621 Maryland Ave provides both stability and growth, making it an exceptional opportunity for discerning investors. Contact us today to explore the full potential of this income-producing asset.
Details
MLS#: DENC2075908 Price: $595,000
Year Built: 1940
County: NEW CASTLE Subdivision: None Available Tax Fee: 4345.0
Long & Foster Real Estate, Inc. "Providing Comprehensive Real Estate Services to Home Buyers and Sellers."
1109 Baltimore PIKE E
Media, PA, 19063
US
william finigan (610) 892-8300 mediaoffice@longandfoster.com
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Bright MLS
Last updated: 2025-02-11T14:16:19.000-05:00. Privacy Policy