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810 W D St
For Sale $1,200,000 ($313.81 per Sq Ft)
$1,200,000 ($313.81 per Sq Ft)
- 5 Units
- 3,824 Sq Ft
- 9,356 Sq Ft
- Unknown Cap Rate
Description
We are pleased to offer this five unit investment opportunity, located in the City of Wilmington. The unit mix consists of five 2+1 units within three separate structures. The investment consists of approximately 3,824 of rentable square feet and is situated on an approximately 9,356 square foot parcel. Recent property upgrades include new vinyl retrofit windows throughout as well as four recently renovated units with new flooring, gas heaters, kitchen cabinets, kitchen countertops, appliances, tile bathrooms and air conditioners. The building amenities include a large parking area with nine total spaces, a secured gated entry, and the property is separately metered for both gas & electricity.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,200,000 |
| Property Type | Multi-Family |
| Usable Sqft | 3,824 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1932 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7417016014 |
| MLS # | 25484021 |
| Property ID | 291926967 |
| Lot Sqft | 9,356 |
| Zoning | LARD1.5 |
| Total Units | 5 |
| Days on Market | 16 |
| Original List Price | $1,200,000 |
| Date Updated | January 24, 2025 |
| Date Created | January 16, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.00 | $1,144 | $2,748 |
| Unit #2 | 2 | 1.00 | $2,652 | $2,748 |
| Unit #3 | 2 | 1.00 | $1,914 | $2,748 |
| Unit #4 | 2 | 1.00 | $1,768 | $2,748 |
| Unit #5 | 2 | 1.00 | $2,657 | $2,748 |
| Gross Income (Yr) | $ 119,183 |
| Operating Expenses | $ 33,501 |
| Net Income (Yr) | $ 85,682 |
| Cap Rate | 7.14% |
Listing Provided By
Griffin White an agent of . Lic #02031785
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