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Listed By:
Pantano Real Estate Inc
Address
2913 N Market Street, Wilmington, DE
Price
$ 775,000
Property Attributes
  • MLS#DENC2047506
  • TypeMulti-Family
  • CountyNEW CASTLE
  • CityWilmington
  • AreaWilmington
  • NeighborhoodNinth Ward
  • Zip19802
  • StyleCarriage House,Colonial,Craftsman
  • Year Built1900
  • Taxes$ 3060
  • Price$ 775,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,227 SqFt
Data Source:
Bright MLS
Property Description

Welcome to the Ninth Ward! A classic and charming community of yesteryear exuding an attention to detail and architectural flare rarely reproduced in todays modern renovation style. What we have here is an epically renovated, mixed use offering with two physical structures on an oversized City lot with proper 26R5-B Zoning. Majestic and elevated stone terrace overlooks the surrounding, commercial corridor with which the subject is sited. Wrap around and covered porch with ceiling fans provides the backdrop as you approach the main entrance. First floor is a commercial space, set up to be a daycare facility, that has approval for 12 individuals. Wainscoting and chair railing wraps the entire space, which features three spacious collaborative elements with cubbies, exposed brick built ins, a massive wall mounted TV, recessed lights, and ceiling fan. Two bathrooms service this level with granite vanities and toddler toilet provisions. Full kitchen with dark maple, soft close, shaker style cabinetry is topped with granite and flanked by a custom backsplash and stainless steel appliance package. Office is located on the rear area and has a TV which displays all cameras for the space. Last room is a staging area with sink that leads to rear, fenced in patio. Second floor provides a spacious, two bedroom apartment. As you enter, you will be greeted by a formal living area with recessed lights and a nook for a decorative element. Two bedrooms with modern closet capacity with custom light fixtures. Full bathroom with tile floor, walls, and shower stall all wrapped in glass enclosure with built ins and soaking tub to relax your stress away. Kitchen with soft close, dark maple, shaker style cabinetry is topped with granite, custom tile backsplash, stainless appliance package and laundry facility. Rear door leads to roof top deck and fire escape. Up the turned staircase to the third floor is another two bedroom apartment. Each bedroom has modern storage capacity and custom hanging light fixtures. Cozy living area to retreat to after a long days work. Kitchen with soft close, dark maple cabinetry in a shaker style with wrap around bar flanked by custom tile backsplash, stainless appliance package and topped off with laundry facilities. Access to private rear deck to relax and pass time. Accessory dwelling unit, detached in the back corner of the property, plays host to a third, two bedroom unit. Main level provides laundry facilities, half bath, kitchen and living space. Second floor is host to two spacious bedrooms and a private deck overlooking the rear patio and driveway area. All mechanicals are brand new to include water line from the street, gas line, meters and connectors, separate electric panels and meters for each unit, separate high efficiency gas fired HVAC units, separate high efficiency tankless hot water heaters for each unit, entire property security system with key pads in each of the three units in the main building, brand new branch wiring for the main building and separate electrical panels, new windows, roof, siding, poured concrete perimeter, as well as vinyl fence around the sides of the lot. Not a single millimeter was left untouched. Currently being used as an AirBnB for the two apartments in the main building, with a month to month tenant in the accessory dwelling. Main floor commercial space is turn key, 12 person daycare. nothing left to do here expect operate the daycare and either keep the AirBnB, or convert to traditional rental scenario. The true definition of a turn key, cash flowing property is being offered for sale, with the highest of fit and finish, leaving no space untouched, and no detail left out. Once the day care is operational, the pro forma is off the charts, and with the AirBnB, the sky can't even be the limit. Minimal maintenance expenditures and low operational costs mean less headache and more money to make! Start working for yourself and never look back!

Price History
8/10/2023 Listed $800,000
2/6/2024 4% - $775,000

General Features

Interior Features Built-Ins,Ceiling Fan(s),Chair Railings,Dining Area,Floor Plan - Traditional,Kitchen - Eat-In,Kitchen - Gourmet,Recessed Lighting,Soaking Tub,Stall Shower,Upgraded Countertops,Wainscotting
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C,Ceiling Fan(s)
Possession Immediate
Roof Architectural Shingle,Pitched
Appliances Built-In Microwave,Built-In Range,Dishwasher,Refrigerator
Exterior Features Extensive Hardscape,Exterior Lighting,Sidewalks,Street Lights
Zoning 26R5-B
Pool Y/N No Pool
Architectural Style Carriage House,Colonial,Craftsman
Security Features Exterior Cameras,Intercom,Main Entrance Lock,Non-Monitored,Security System,Smoke Detector,Surveillance Sys
Construction Materials Brick,Vinyl Siding,Stone,Stucco
School District RED CLAY CONSOLIDATED
Exclusions Tenant Personal Property
Year Built 1900
Electric 200+ Amp Service,Circuit Breakers
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County NEW CASTLE
New Construction No
Property Type Multi-Family
Subdivision Name NINTH WARD
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade
Total Units 4
MLS Area Wilmington (30906)
Lot Size Square Feet 5227.00
Waterfront Y/N No
Tax Annual Amount 3060.12
Property Condition Very Good
Two Bedroom 3
Structure Type Detached
Other Units Unit 1,Unit 2,Unit 4,Unit 3
Price Per Sq Ft 193.75
Acceptable Financing Cash,Conventional,Exchange,Private,Wrap
Historic Y/N No
Rent Control Y/N No
Vacation Rental Y/N No
Days on Market 180
Legal Subdivision WILMINGTON
Tax Lot 304
School District 300200396545
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Flooring Carpet,Ceramic Tile,Laminate Plank
Hot Water Natural Gas,Tankless
Furnished Units All
Heating Y/N Yes
Window Features Replacement,Vinyl Clad
Fireplace Y/N No
Central Air Y/N Yes

Exterior Features

Parking Features Paved Parking
Water Source Public
Inclusions As Shown. Units 2 and 3 furniture in main structure.
Total Parking Spaces 3
Type of Parking Driveway,On Street
Foundation Details Stone,Concrete Perimeter
Spa No
Water View Y/N No
Lot Dimensions 52.50 x 100.00
Lot Size Acres 0.12
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19802

Price
AVG $590K
$780K
Taxes
AVG $2,792
$3,060
Visits
AVG 122
173
Data Provided by Inside Real Estate®
Year Built
AVG 1918
1900
Walkscore
AVG 74
74
Data Provided by Walkscore® not using MLS data