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3rd & Lincoln Apartments 1912 W 3rd St 8 Unité Immeuble d’appartements À vendre Wilmington, DE 19805
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Faits saillants de l'investissement
- 8 well-maintained units
- Recent capital improvements
- Potential for upside
- Fenced off-street parking/10 stalls
- Value-add opportunity
- Desirable Little Italy area
Résumé de l'annonce
W 3rd & Lincoln Street presents the opportunity to acquire a well-maintained, 8-unit multifamily asset in Wilmington’s established Hilltop/Little Italy neighborhood. Constructed in 1982, the building comprises approximately 9,465 square feet on a 0.09-acre parcel and offers a mix of apartment units and on-site surface parking.
The building underwent an extensive renovation in 2002 under the ownership of Tim Dewson, a highly respected local builder and contractor recognized for his craftsmanship and attention to detail. The quality of his work remains evident throughout, with construction and finishes that distinguish the asset from comparable buildings of its vintage.
Its highly walkable urban setting provides convenient access to Downtown Wilmington, I-95, Trolley Square, and the Riverfront, along with nearby restaurants, shopping, and public transportation. With its manageable scale, established residential location, and opportunity for upside, W 3rd & Lincoln Street offers an attractive investment for private investors and owner-operators seeking stable cash flow with potential for continued appreciation.
The building underwent an extensive renovation in 2002 under the ownership of Tim Dewson, a highly respected local builder and contractor recognized for his craftsmanship and attention to detail. The quality of his work remains evident throughout, with construction and finishes that distinguish the asset from comparable buildings of its vintage.
Its highly walkable urban setting provides convenient access to Downtown Wilmington, I-95, Trolley Square, and the Riverfront, along with nearby restaurants, shopping, and public transportation. With its manageable scale, established residential location, and opportunity for upside, W 3rd & Lincoln Street offers an attractive investment for private investors and owner-operators seeking stable cash flow with potential for continued appreciation.
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 0,04 AC |
| Nombre d’unités | 8 | Taille du bâtiment | 9 465 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 100% |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction/rénovation | 1982/2002 |
| Classe d’immeuble | B | Ratio de stationnement | 1,06/1 000 pi² |
| Zonage | 26C-2 - Each parcel is designated residential on county records. | ||
| Type de vente | Investissement |
| Nombre d’unités | 8 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 0,04 AC |
| Taille du bâtiment | 9 465 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1982/2002 |
| Ratio de stationnement | 1,06/1 000 pi² |
| Zonage | 26C-2 - Each parcel is designated residential on county records. |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 3 | - | - |
| Studios | 1 | - | - |
Très accessible à pied
80/100
Moyennement adapté aux voitures
60/100
Transports en commun relativement accessibles
50/100
Plutôt accessible en vélo
40/100
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3rd & Lincoln Apartments | 1912 W 3rd St
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