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1226 New St - Multifamily Rental 2 Unit Apartment Building Offered For Sale Wilmington, DE 19808

Apartment Buildings Delaware Wilmington 1226 New St, Wilmington, DE 19808

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Investment Highlights

  • Multi Tenant Rental Property
  • Rare 1 Ac Lot
  • Central Location

Executive Summary

Marketing description
Well maintained Home, ready to rent. Renal Apartment above garage.
Home 3BR/2 BA - currently vacant, Apartment 2BR/1 BA over 2 Car Garage
Large ~1 Ac lot backyard, Lot frontage 62.70'. Depth 332.80'
Annual Property & School Tax: 4,058
Investment highlights
PROFORMA (Currently Vacant)
3 BR/2 BA Home- $2,600/Mo
2 BR/1 BA Apartment - $1,350/Mo
Income: $3,950/Mo - $47,400/Yr
Property Tax: $4,058/Yr
Insurance: ~ 1,500/Yr
Net Operation Income: $3,486/Mo - $41,842/Yr. Est.

Property Facts

Sale Type Investment Building Size 2,080 SF
No. Units 2 No. Stories 2
Property Type Multifamily Year Built 1939
Sale Type Investment
No. Units 2
Property Type Multifamily
Building Size 2,080 SF
No. Stories 2
Year Built 1939

Links

1 1
Fairly walkable
50/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Source: Local Logic®

Property Taxes

Parcel Number 08-045.10-056 Improvements Assessment $513,918 CAD
Land Assessment $123,666 CAD Total Assessment $637,585 CAD

Property Taxes

Parcel Number
08-045.10-056
Land Assessment
$123,666 CAD
Improvements Assessment
$513,918 CAD
Total Assessment
$637,585 CAD
(302) 545-8479

Still interested?

Contact the broker for more information about this property

Contact

  • Chris Castagno
    Chris Castagno

  • Listing ID: 41278412

  • Date on Market: 2026-07-14

  • Last Updated:

  • Address: 1226 New St, Wilmington, DE 19808

The Multifamily Property at 1226 New St, Wilmington, DE 19808 is currently available for Sale. Contact Location Realty Advisors, LLC for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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1226 New St - Multifamily Rental
(302) 545-8479 x

1226 New St - Multifamily Rental

Chris Castagno
(302) 545-8479

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