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Back 409 West 8th Street
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409 West 8th Street

Wilmington DE 19801

5
6
3000 sq. ft.
1742 sq. ft.
Townhouse
Currently for sale - view listing

Overview

Excellent opportunity to acquire a well-maintained 6-unit multifamily property in Wilmington. The building consists of five one-bedroom apartments and one studio apartment, with the units overall in solid condition. All six units are currently occupied by paying tenants, providing an established income stream from day one. This is a straightforward addition to an investor’s portfolio. With a desirable unit mix, existing tenancy, and solid overall condition, 409 W 8th Street offers investors the opportunity to acquire a stabilized multifamily asset with continued income potential. Conveniently located near downtown Wilmington, major employment centers, public transportation, shopping, dining, and area amenities. Property sq. ft. and taxes are estimated based on New Castle County records. Buyer to perform due diligence.

Features

5 bedrooms
6 bathrooms
3000 sq. ft. floor area
1742 sq. ft. lot size
Townhouse

Happy sellers in Wilmington

96%
96% of sellers in Wilmington reported that their sale price either exceeded or met their price expectations.

Wilmington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Wilmington over the last 12 months.

Local market activity for 5 bedroom townhouses in Wilmington

In the last 12 months, 3 five-bedroom townhouses similar to 409 West 8th Street, have been sold.

This represents a 50% decrease in five-bedroom townhouses sales when compared to the previous 12 months.

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