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1226 New St
Wilmington, DE 19808
Multifamily Rental · Multifamily Property For Sale · 2 Units

Investment Highlights

  • Multi Tenant Rental Property
  • Rare 1 Ac Lot
  • Central Location

Executive Summary

Marketing description
Well maintained Home, ready to rent. Renal Apartment above garage.
Home 3BR/2 BA - currently vacant, Apartment 2BR/1 BA over 2 Car Garage
Large ~1 Ac lot backyard, Lot frontage 62.70'. Depth 332.80'
Annual Property & School Tax: 4,058
Investment highlights
PROFORMA (Currently Vacant)
3 BR/2 BA Home- $2,600/Mo
2 BR/1 BA Apartment - $1,350/Mo
Income: $3,950/Mo - $47,400/Yr
Property Tax: $4,058/Yr
Insurance: ~ 1,500/Yr
Net Operation Income: $3,486/Mo - $41,842/Yr. Est.

Property Facts

Sale Type Investment
No. Units 2
Property Type Multifamily
Building Size 3,000 SF
No. Stories 2
Year Built 1939
  • Listing ID: 41278412

  • Date on Market: 7/14/2026

  • Last Updated:

  • Address: 1226 New St, Wilmington, DE 19808

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