$1,050,000

1001 & 1003 W. 8TH ST. W 8TH ST, Wilmington, DE 19806

  • 4,350 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1889
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $241/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Welcome to Cool Springs, located on the Westside of the City of Wilmington! Proximity to highways, places of worship, educational facilities, and moments to hot spots in Trolley Square, Union Street, and the Central Business district downtown, this is right in the middle of it all! Nine unit apartment building comprised of two structures with separate entrances with a common access basement is ready for its next operator. 1001 offers four units while 1003 offers five. A sliver of off street parking rounds out the amenities for tenants and management alike. An eclectic mix of modern and functional units that afford a cozy lifestyle for tenants. Separate systems make operation dynamics a breeze and keep owner expenses to a minimum. Excellent opportunity for some value add projects while repositioning of rents to increase cash flow and maximize return on investment. Could be the cornerstone of a performing portfolio, or a healthy addition to a scaled operation. A unique opportunity in a desirable locale for the smart investor to capitalize on!

Listing Status:
Active
Data Last Updated:
July 6, 2026 at 12:18AM
Listing Office:
Pantano Real Estate Inc : 3028880300
Listing Agent:
Joseph P Hurley III : 3027405524
MLS ID:
DENC2099036
  • Basement: FullOutside entranceUnfinished
  • Flooring: CarpetLaminate plankVinyl
  • A/C: Central A/CCeiling Fan(s)
  • Heating: Forced AirHeat Pump - Electric BackUpHot Water & Baseboard - ElectricNatural GasElectric
  • Disability Feature: None
  • General: Exterior LightingFire EscapeSidewalksStreet LightsAbove GradeBelow Grade
  • Style: Colonial
  • Other Structures: PorchDeck
  • Parking: Concrete Driveway
  • Roofing: Flat
  • General: BrickStone
  • Originating MLS: BRIGHT_MAIN
  • School District: RED CLAY CONSOLIDATED
  • County: NEW CASTLE-DE
  • Zoning: 26R-326-027.40-292 & 26-027.40-291
  • Utilities: 200 amp serviceCircuit breakers
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Tenant Personal Property

This listing courtesy of Joseph P Hurley III , Pantano Real Estate Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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