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14 E 40th St 6 Unit Apartment Building $1,570,410 CAD ($261,735 CAD/Unit) Wilmington, DE 19802

Apartment Buildings Delaware Wilmington 14 E 40th St, Wilmington, DE 19802

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INVESTMENT HIGHLIGHTS

  • Fully leased offices and apartments generating NOI of $109,000

EXECUTIVE SUMMARY

Mixed-Use - Offices ground floor and Beautiful Apartments second floor. Fully Leased. NOI $109,000 Large Reception room for office tenant clients, common area bathrooms, conference area, kitchen, WiFi, Key Fob entrance, security cameras. 5 Apartments second floor. 3 two-bedroom apartments 2 one-bedroom apartments with beautiful kitchens, baths and wood floors.

PROPERTY FACTS

Price $1,570,410 CAD Building Class C
Price Per Unit $261,735 CAD Lot Size 0.10 AC
Sale Type Investment Building Size 7,444 SF
No. Units 6 No. Stories 2
Property Type Multifamily Year Built 1947
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low-Rise
Zoning NC5 - Neighborhood Commercial
Price $1,570,410 CAD
Price Per Unit $261,735 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 7,444 SF
No. Stories 2
Year Built 1947
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning NC5 - Neighborhood Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Hardwood Floors
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Security System
  • On-Site Retail
  • Wi-Fi
  • Key Fob Entry
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 - -
1 1

PROPERTY TAXES

Parcel Number 06-144.00-041 Improvements Assessment $183,185 CAD
Land Assessment $9,117 CAD Total Assessment $192,302 CAD

PROPERTY TAXES

Parcel Number
06-144.00-041
Land Assessment
$9,117 CAD
Improvements Assessment
$183,185 CAD
Total Assessment
$192,302 CAD
(302) 632-3311

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Contact the broker for more information about this property

CONTACT

  • Listing ID: 35720099

  • Date on Market: 2025-05-02

  • Last Updated:

  • Address: 14 E 40th St, Wilmington, DE 19802

The Multifamily Property at 14 E 40th St, Wilmington, DE 19802 is currently available for Sale. Contact KW Commercial for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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VIDEOS
MATTERPORT 3D EXTERIOR
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STREET VIEW STREET
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14 E 40th St, Wilmington, DE for sale Building Photo- Image 1 of 16
14 E 40th - Building Front
14 E 40th St, Wilmington, DE for sale Building Photo- Image 2 of 16
14 E 40th - floor plan
14 E 40th St, Wilmington, DE for sale Building Photo- Image 3 of 16
14 E 40th - Reception Area Jpeg
14 E 40th St, Wilmington, DE for sale Building Photo- Image 4 of 16
14 E 40th - Private Offices jpeg
14 E 40th St, Wilmington, DE for sale Building Photo- Image 5 of 16
14 E 40th - Office 103
14 E 40th St, Wilmington, DE for sale Building Photo- Image 6 of 16
14 E 40th - Office 105
14 E 40th St, Wilmington, DE for sale Building Photo- Image 7 of 16
14 E 40th - Offices - Restrooms
14 E 40th St, Wilmington, DE for sale Building Photo- Image 8 of 16
14 E 40th - Offices Hallway Acoustic Tiles
14 E 40th St, Wilmington, DE for sale Building Photo- Image 9 of 16
14 E 40th - Offices Breakroom - jpeg
14 E 40th St, Wilmington, DE for sale Building Photo- Image 10 of 16
14 E 40th - Offices Common Area Lounge
14 E 40th St, Wilmington, DE for sale Building Photo- Image 11 of 16
14 E. 40th Apts - Honey Oak Kitchen
14 E 40th St, Wilmington, DE for sale Building Photo- Image 12 of 16
14 E 40th Apts - Hardwood Floors Art Deco Wall
14 E 40th St, Wilmington, DE for sale Building Photo- Image 13 of 16
14 E 40th Apts - Pale Oak Cabinets
14 E 40th St, Wilmington, DE for sale Building Photo- Image 14 of 16
14 E 40th Apts - Antique Blue-Grey Kitchen
14 E 40th St, Wilmington, DE for sale Building Photo- Image 15 of 16
14 E 40thApts - Blue Art Deco Bath
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14 E 40th St
(302) 632-3311 x

14 E 40th St

Carol Plummer
(302) 632-3311

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