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822 N Adams St
Wilmington, DE 19801
The Lucania · Multifamily Property For Sale · 15 Units

INVESTMENT HIGHLIGHTS

  • Strong Occupancy: 100% Occupied; Historically 95% Occupancy or Better
  • Rental Upside: Increase Rents by 10% to 20% with Little to No Work Needed
  • Preferred Unit Floor Plan: (15) Large One-Bedroom Units
  • Excellent Location: Directly Off Interstate 95; Immediate Access to Downtown Wilmington

PROPERTY FACTS

No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.23 AC
Building Size 8,640 SF
No. Stories 3
Year Built 1920
Parking Ratio 0.81/1,000 SF
Zoning 26R-3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • Controlled Access
  • Laundry Facilities
  • Elevator

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 15 - 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-027.40-377
Land Assessment
$40,100
Improvements Assessment
$109,900
Total Assessment
$150,000
  • Listing ID: 32734669

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 822 N Adams St, Wilmington, DE 19801

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