305 W 6th St - Apartments FOR SALE


Wilmington, DE 19801- Downtown Wilmington
$790,000 USD
484-947-8988
305 W 6th St, Wilmington, DE for Sale
$790,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

305 W 6th St
Wilmington, DE 19801
Downtown Wilmington


OVERVIEW

KW Commercial is pleased to exclusively present for sale, 5 multifamily units located in the Quaker Hill neighborhood of Wilmington. Situated on a beautiful block lined with historical brick buildings, 305 W 6th St. is a three story, 3,050 SF structure that has four (4) 2 bedroom units and one (1) 1 bedroom unit, all fully renovated. Other capital improvements feature new windows throughout, new hot water tanks for each unit, laundry in each unit, and four out of five natural gas boilers are newer (2021). The building is cooled with central A/C and heated with forced hot air. The property is one block from Crosby Hill Apartments ($62 Million project); two blocks from Main Street where The Queen, Quoin Hotel, where many shops and restaurants are located and a short walk from the Wilmington Train Station and nearby Rodney Square in Wilmington, DE. If you're looking for 7 additional units, please refer to the neighboring property located at 600 N West St.

FOR SALE DETAILS

PRICE

$790,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

5

PRICE/UNIT

$158,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,882 SF

ZONING

26R5-B

APN/PARCEL ID

26-035.30-200

ASK ABOUT THIS PROPERTY

Rich DiPrimioKeller Williams RealtyMore Info
484-947-8988

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Rich DiPrimioKeller Williams RealtyMore Info
484-947-8988

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.