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609 Tatnall St
Wilmington, DE 19801
Wilmington Value-Add · Multifamily Property For Sale
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8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 3,160 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1940 |
| Building Class | C | ||
| Zoning | 26C-1A | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 3,160 SF |
| No. Stories | 3 |
| Year Built | 1940 |
| Zoning | 26C-1A |
ABOUT 609 TATNALL ST , WILMINGTON, DE 19801
Unique Value Add Opportunity in the heart of Wilmington's Downtown Development District! Property positioned between new Chef's Incubator & NextFab co-working space. Just 3 blocks away from new bars & restaurants on Market St. Property qualifies for the City's construction rebate program (20% rebate on hard construction costs). Building consists of 7 Residential Units (3 Studio's & 4 One Bedrooms), along with a 300 sq ft commercial space. Vacant & Needs total cosmetic rehab. Owners installed 7 BRAND NEW Electric Hot Water Boilers and 3,000+ square feet of BRAND NEW Sprinkler Alarm Piping. The entire building has been cleaned out and ready to start work! 3% Buyer Agent Commission. Sold As-Is.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 26-035.30-203 | Improvements Assessment | $56,000 |
| Land Assessment | $17,400 | Total Assessment | $73,400 |
PROPERTY TAXES
