Sold

1401 W 4th Street, Wilmington, DE 19805

Beds
5
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byInnovations Realty
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Overview

Mixed-use, multi-family property offering strong redevelopment potential. The existing structure includes one commercial unit, three residential apartments, and a detached two-car garage. The property is commercially zoned.

Property sustained fire damage affecting y two units however the entire property requires significant repairs or full rehabilitation. This presents an excellent opportunity for an investor or developer to rehab and reposition the existing building, tear down and rebuild a new multi-unit structure, or redevelop the site into several townhomes, subject to zoning and municipal approvals.

Ideal for value-add investors seeking a project with upside in a mixed-use or residential redevelopment strategy. Property is being sold as-is. Buyer to conduct all due diligence regarding zoning, permits, and redevelopment options. Sale is based on land value, no property entry is offered. Agent has equitable interest.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
5
Lot size (acres)
0.09
Year built
1946

Garage and parking

Garage parking spaces
2

Utilities

Heating
Electric, Baseboard, Heat pump
Cooling
Other, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$3,967

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: DENC2096886 Last checked:

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