Help
Delaware 19804 WILMINGTON MARYLAND 301 S MARYLAND AVE

301 S MARYLAND AVE
WILMINGTON, DE 19804

$1,200,000 
  • -- Beds
  • -- Baths
  • 12,000 sqft
  • Commercial
  • Active
301 S MARYLAND AVE, WILMINGTON - 31055761
301 S MARYLAND AVE, WILMINGTON - 31055762
301 S MARYLAND AVE, WILMINGTON - 31055763
301 S MARYLAND AVE, WILMINGTON - 31055764
301 S MARYLAND AVE, WILMINGTON - 31055765
301 S MARYLAND AVE, WILMINGTON - 31055766
301 S MARYLAND AVE, WILMINGTON - 31055767
301 S MARYLAND AVE, WILMINGTON - 31055768
301 S MARYLAND AVE, WILMINGTON - 31055769
301 S MARYLAND AVE, WILMINGTON - 31055770
301 S MARYLAND AVE, WILMINGTON - 31055771
301 S MARYLAND AVE, WILMINGTON - 31055772
301 S MARYLAND AVE, WILMINGTON - 31055773
301 S MARYLAND AVE, WILMINGTON - 31055774
301 S MARYLAND AVE, WILMINGTON - 31055775
301 S MARYLAND AVE, WILMINGTON - 31055776
301 S MARYLAND AVE, WILMINGTON - 31055777

Property Description for 301 S MARYLAND AVE, WILMINGTON DE 19804

This is a great opportunity for a savvy investor. Corner property, outside city limits with 10 apartments and 3 retail store fronts. The residential apartments include 2 two bedroom and 8 one bedroom apartments with ample off street and on street parking. The apartments all have separate electric, heat and water. The landlord has recently upgraded all the windows to vinyl energy efficient windows. Landlord pays for heating and cooling of common areas and hot water, tenants are responsible for everything else. The 3 retail stores include a barber shop(over 7 years), zumba studio(going on 3 years) and a tattoo parlor(over a year). The building is fully tenanted and generates well over 10k a month in gross revenue. The rents are very low for the area and has the potential to be increased. Serious inquires only. Potential buyers must show listing agent proof of funds or pre-approval before touring the property. Seller will provide partial private financing, contact listing agent for more details.

  • Property Class: Commercial
  • Listing Status: Active
  • City: WILMINGTON
  • State: DE
  • Zip: 19804
  • Area: Elsmere/Newport/Pike Creek
  • Class: Commercial
  • Approx Lot Size: 0.140
  • Baths (F/H): -- / --
  • Living Area (SqFt): 12,000 sqft
  • Lot Sq Ft Apx: 6098.00
  • Year Built: 1940
  • Listing#: 6983226
  • School District: Red Clay Consol
  • Tax Year: 2016
  • List Date: 5/15/2017
  • Last updated on: 8/21/2017

Property Features for 301 S MARYLAND AVE, WILMINGTON DE 19804

  • Building Or Business: Commercial, Retail, Apartmnt BLD
  • Sewer Septic: Public Sewer
  • Property Age: 77
  • Water: Public
  • Roof: Flatroof
  • Building Features: Fireescape

Additional Information for 301 S MARYLAND AVE, WILMINGTON DE 19804

  • School District: Red Clay Consol
  • Block Or Square: 5
  • Building Floors: 3.00
  • Buildings: 1
  • Improv Assessed Amt: $152,600
  • Interior Square Feet Source: S
  • Land Only: False
  • Lot Dimensions: 79X112
  • Lot Number: 105
  • Ownership: Fee Simple
  • Property Option: Sale
  • Total Assessment: 183100.00
  • Water Front: False
  • Total Taxes: $1,323
  • Listing Area: Elsmere/Newport/Pike Creek
  • Subdivision: Elmhurst
  • Annual Gross Expense: 28270.00
  • Annual Gross Income: 124200.00
  • Listing ID: 6983226
Courtesy of Keller Williams Realty-Wilmington
Copyright 2017, TREND. All Rights Reserved.
Data relating to real estate for sale on this website appears in part through the TREND IDX program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which BHHS Fox & Roach participates, and is provided by TREND through a licensing agreement. Real estate listings held by brokerage firms other than BHHS Fox & Roach are marked with the IDX/IDX PLUS icon & detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers & may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. © 2016 TREND, all rights reserved. Information deemed reliable, but not guaranteed.