Property

Wilmington, DE 19802 14 E 40Th Street

$1,125,000

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Presented By: Keller Williams Realty Wilmington
  • MLS# DENC2079796
  • 04/15/2025
  • Request Tour
  • Request Info
  • SQFT • 7,444

Home Details

Mixed-Use with great income. Six offices ground floor and 5 apartments second floor that have been recently renovated with beautiful kitchens. Apartments are fully leased. Offices are full service with Wi-Fi, Security Cameras, Key Fob Entrance. Fully Leased. Close to N. Market Street in quiet residential area. Low maintenance. $109,000 NOI 48 Hours Notice NDA Required
Presented By: Keller Williams Realty Wilmington

Interior Features for 14 E 40Th Street

Other Interior Features

Central Air Y/NYes
Heating FuelElectric, Natural Gas
Heating Y/NYes
Hot Water60+ Gallon Tank

General for 14 E 40Th Street

Acceptable FinancingConventional, Cash, Negotiable, Other
AccessibilityNone
Business TypeApartment Building, Institutional, Professional, Other
CityWILMINGTON
Construction MaterialsBlock, Brick, Concrete, Vinyl Siding
Cool FuelElectric
CoolingCentral A/C
CountyNEW CASTLE
DirectionsN. Market Street East on 40th to 14 E. 40th
Electric200+ Amp Service
Heating90% Forced Air
Legal SubdivisionPENNROSE
Lot Size Square Feet4356.00
Lot Size UnitsSquare Feet
MLS AreaWilmington (30906)
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
Possession31-60 Days CD
Price Per Sq Ft Total AG140.64
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount4930.0
Tax Assessed Value137100.0
Tax Lot041
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1963
Year Built SourceEstimated
ZoningNC5

Exterior for 14 E 40Th Street

Building Area Total7999.00
Car Parking Spaces10
InclusionsAll appliances
Land Assessed Value6500.00
Land Use Code
Lot Dimensions40.00 x 107.50
Lot Size Acres0.10
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces10
Type of ParkingDriveway, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,125,000
MLS#DENC2079796
List Date 04/15/2025
Property Type Commercial
Phone 703.929.4729
Request Tour
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rachelsellsnova@gmail.com

+1-703-929-4729

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