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2810 N Monroe Street Wilmington, DE $ 1,700,000
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2810 N Monroe Street
$ 1,700,000
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2810 N Monroe Street

Wilmington, DE, 19802
$ 1,700,000
Baths0.0 Sq 6,500

Monthly Estimate*

$ 11,875

2810 N Monroe Street, Wilmington, DE 19802 - Image 1
2810 N Monroe Street, Wilmington, DE 19802 - Image 2
2810 N Monroe Street, Wilmington, DE 19802 - Image 3
2810 N Monroe Street, Wilmington, DE 19802 - Image 4
2810 N Monroe Street, Wilmington, DE 19802 - Image 5
2810 N Monroe Street, Wilmington, DE 19802 - Image 6
2810 N Monroe Street, Wilmington, DE 19802 - Image 7
2810 N Monroe Street, Wilmington, DE 19802 - Image 8
2810 N Monroe Street, Wilmington, DE 19802 - Image 9
Studio

Commercial Property for sale in Wilmington, DE

for $1,700,000. This 6,500 square foot building was built in 1957 on a lot size of 0.27.

This 10-unit investment is as solid as they come. This was the rectory for the old Christ Our King parish in the Ninth Ward section of Wilmington. This building was renovated by the previous owner in 2020/21. The renovation included adding separate utilities to each unit while keeping some unique features a building of this kind can offer. The building offers tenants new and upgraded kitchens and baths, private off-street parking and a basement coin operated laundry area.

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Commercial Active

Price

$ 1,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 19,919

Style

Apartment Building

Lot Size

0.27

Year Built

1957

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2050280
Features
Interior
Heating Fuel Electric Natural Gas
Flooring Wood Vinyl
Hot Water Electric
Total Stories 2
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Entry Level 1
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General
Sewer Public Hook/Up Avail
Heating Forced Air
Cooling Central A/C
Utilities Natural Gas Available
Possession Negotiable
Roof Slate
Zoning R3
Construction Materials Masonry Stone
Exclusions tenants' personal property
Year Built 1957
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 162740.00
Business Type Apartment Building
Building Name NONE AVAILABLE
Accessibility 36 + wide Halls Entry Slope <1'
County NEW CASTLE
Net Operating Income 28802.00
New Construction N
Property Type Commercial Sale
Subdivision Name NINTH WARD
Water Access Y/N N
Status ACTIVE
Directions Concord Ave to N. Monroe St - Building on right.
City WILMINGTON
Buyer Agent Compensation 2
Total Units 10
MLS Area Wilmington (30906)
Lot Size Square Feet 11761.20
Waterfront Y/N N
Street Name MONROE
Tax Annual Amount 19919.0
Property Condition Very Good
Price Per Sq Ft 261.06
Acceptable Financing Cash Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 200
Standard Status Active
Year Built Source Estimated
Legal Subdivision KING GROUP LLC
Total Actual Rent 156000.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public Hook-up Available
Type of Parking Parking Lot
Foundation Details Stone
Water View Y/N N
Building Area Total 6512.00
Lot Size Acres 0.27
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2810
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* Excluded Features
List By
Bhhs Fox & Roach - Hockessin

Broker

michael.dunning@foxroach.com

Email

Affordability Calculator

$13,535
Per Month
88%
12%
0%
Monthly Principal & Interest
$11,875
Monthly Property Taxes
$1,660
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/3/2023 $1,700,000 Listed Price

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2810 N Monroe Street, Wilmington, DE, 19802 is a Commercial Property for sale at $1,700,000 with 6,500 sqft and a lot size of 0.27. 2810 N Monroe Street is a studio with 0.0 baths and was built in 1957. The property's zip code is 19802 which is in Wilmington, DE

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