105 / 107 W 8TH,  Wilmington DE, 19801

(Active)
$199,900
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MLS# DENC521300
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Last Updated: 3/7/2021 1:15 PM
Description for 105 / 107 W 8TH Wilmington, DE 19801
Opportunity to participate in the redevelopment of downtown Wilm, in the CBD, one block from MKT Street and all the hotspot attractions. Invest where there has been meaningful apartment and other exciting development activity. This site features 2, two-story structures on one parcel known as 105/107 W 8th Street. 105 W 8th Street is a fully operational two story residential rental unit that is spacious and offers a flexible floor plan. Lease will be obtained with current occupant for $1,200/month. The first floor consists of a living space that greets you, large flexible great room, with well scaled kitchen to the rear featuring updated SS appliances. Upstairs is a large living space, currently used as a bedroom, a private bedroom with convenient partial bathroom. Laundry and bath tub are in a separate space to the rear. This building has gas heat and central AC and an updated tankless water heater. The adjacent building at 107 requires some creativity. The first floor features defined spaces that are moderately finished with living quarters and a bedroom space to the rear with bathroom, together with a recently updated HVAC system. The second floor is accessible by way of separate entrance and is a clean slate. Think loft living, live+work, open spaces, be creative, this is your opportunity! This is the chance you've been looking for to create a cool hip spot, consistent with the present downtown vibe. Property is zoned commercial so an abundance of alternatives exists. Please contact the City of Wilmington for use questions. Contact listing broker for site visit and other showing prerequisites.
Price
$199,900
NEW CASTLE
DENC521300
Active
Description
Opportunity to participate in the redevelopment of downtown Wilm, in the CBD, one block from MKT Street and all the hotspot attractions. Invest where there has been meaningful apartment and other exciting development activity. This site features 2, two-story structures on one parcel known as 105/107 W 8th Street. 105 W 8th Street is a fully operational two story residential rental unit that is spacious and offers a flexible floor plan. Lease will be obtained with current occupant for $1,200/month. The first floor consists of a living space that greets you, large flexible great room, with well scaled kitchen to the rear featuring updated SS appliances. Upstairs is a large living space, currently used as a bedroom, a private bedroom with convenient partial bathroom. Laundry and bath tub are in a separate space to the rear. This building has gas heat and central AC and an updated tankless water heater. The adjacent building at 107 requires some creativity. The first floor features defined spaces that are moderately finished with living quarters and a bedroom space to the rear with bathroom, together with a recently updated HVAC system. The second floor is accessible by way of separate entrance and is a clean slate. Think loft living, live+work, open spaces, be creative, this is your opportunity! This is the chance you've been looking for to create a cool hip spot, consistent with the present downtown vibe. Property is zoned commercial so an abundance of alternatives exists. Please contact the City of Wilmington for use questions. Contact listing broker for site visit and other showing prerequisites.
Listing Information
Property Type: Townhouse, Other
9 0.06 Acres 3O
1920 Brick
Stone
Tankless Water Heater, Gas Water Heater, Electric
Public Sewer
Circuit Breaker Box
3 Total
Neighborhood
School Information
District: Christina
BANCROFT BAYARD CHRISTIANA
Room Information
Eat-In Kitchen
Interior Features
Dishwasher, Electric Range/Cooktop
Vinyl, Carpet
Central Air, Electric
Gas Heat, Forced Air
Entrance Outside
Exterior / Lot Features
Public
Brick
Patio
Flat
City
0.00 x 0.00
26C-3
Level
Sidewalks, Street Lights, Urban, Level
Driving Directions
Market Street south to right on W 8th Street to subject on the right.
Financial Considerations
$5,355
2020
Listing Price History

Wilmington Real Estate

Wilmington is located in Delaware. Wilmington, Delaware 19801 has a population of 72,929.

The median household income in Wilmington, Delaware 19801 is $30,664. The median household income for the surrounding county is $66,528 compared to the national median of $57,525. The median age of people living in Wilmington 19801 is 39 years.

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Courtesy: Pantano Real Estate Inc
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This content last refreshed on 3/7/2021 1:15 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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