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401 Edgemoor Rd - Investment Property 4,725 SF Specialty Building Offered at $638,000 in Wilmington, DE 19809

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INVESTMENT HIGHLIGHTS

  • 401 Edgemoor Road presents a unique investment opportunity in a prime Wilmington location.
  • 401 Edgemoor Rd provides an excellent opportunity for investors looking to maximize returns in Wilmington’s growing real estate market.
  • This versatile property is well suited for multiple income-generating strategies, whether for short-term profitability or long-term portfolio growth.

EXECUTIVE SUMMARY

401 Edgemoor Rd, Wilmington, DE 19809
Asking Price: $638,000
https://401edgemoorr.thebestlisting.com
Property Overview:
401 Edgemoor Road presents a unique investment opportunity in a prime Wilmington location. This versatile property is well suited for multiple income-generating strategies, whether for short-term profitability or long-term portfolio growth.
Investment Opportunities:
Fix & Flip – Renovate and resell to capture equity.
Buy & Hold – Build wealth through steady appreciation and cash flow.
Rental Property – Generate consistent monthly rental income.
Halfway Residence – In-demand housing option within many communities.
Senior Living – Position in a rapidly expanding sector.
Veteran Housing – Serve the needs of those who served.
Short-Term Rental / Airbnb – Maximize returns with flexible nightly rates.
Market Comparables (Closed Sales):
High: $1,615,000
Average: $928,600
Median: $800,000
Low: $719,900
(Comparable figures are based on closed prices after adjustments and rounded to the nearest $100.)
Summary:
With multiple exit strategies and strong comparable sales in the surrounding market, 401 Edgemoor Rd provides an excellent opportunity for investors looking to maximize returns in Wilmington’s growing real estate market.
Contact Information:
For full comps, ARV analysis, and showing availability, please contact:
Bob Comegys
Town & Country Homes at eXp Realty
Phone: (302) 252-5911
Email: Robert.Comegys@exprealty.com
Website: www.robertcomegys.exprealty.com

PROPERTY FACTS

Price $638,000
Price Per SF $135.03
Sale Type Investment
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.42 AC
Building Size 4,725 SF
No. Stories 2
Year Built 1994
Parking Ratio 0.42/1,000 SF
Opportunity Zone Yes
Zoning NC10 - NC stands for Neighborhood Conservation. The number 10 indicates a minimum lot size of 10,000 square feet. Thus NC10 is a zoning district for a SFH

AMENITIES

  • Air Conditioning
  • Listing ID: 37709744

  • Date on Market: 9/17/2025

  • Last Updated:

  • Address: 401 Edgemoor Rd, Wilmington, DE 19809

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