Address
2913 N Market Street, Wilmington, DE
Price
$ 775,000
Property Attributes
- MLS#DENC2047506
- TypeMulti-Family
- CountyNEW CASTLE
- CityWilmington
- AreaWilmington
- NeighborhoodNinth Ward
- Zip19802
- StyleCarriage House,Colonial,Craftsman
- Year Built1900
- Taxes$ 3060
- Price$ 775,000
- Bedrooms6
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,227 SqFt
Data Source:
Bright MLS
Property Description
Welcome to the Ninth Ward! A classic and charming community of yesteryear exuding an attention to detail and architectural flare rarely reproduced in todays modern renovation style. What we have here is an epically renovated, mixed use offering with two physical structures on an oversized City lot with proper 26R5-B Zoning. Majestic and elevated stone terrace overlooks the surrounding, commercial corridor with which the subject is sited. Wrap around and covered porch with ceiling fans provides the backdrop as you approach the main entrance. First floor is a commercial space, set up to be a daycare facility, that has approval for 12 individuals. Wainscoting and chair railing wraps the entire space, which features three spacious collaborative elements with cubbies, exposed brick built ins, a massive wall mounted TV, recessed lights, and ceiling fan. Two bathrooms service this level with granite vanities and toddler toilet provisions. Full kitchen with dark maple, soft close, shaker style cabinetry is topped with granite and flanked by a custom backsplash and stainless steel appliance package. Office is located on the rear area and has a TV which displays all cameras for the space. Last room is a staging area with sink that leads to rear, fenced in patio. Second floor provides a spacious, two bedroom apartment. As you enter, you will be greeted by a formal living area with recessed lights and a nook for a decorative element. Two bedrooms with modern closet capacity with custom light fixtures. Full bathroom with tile floor, walls, and shower stall all wrapped in glass enclosure with built ins and soaking tub to relax your stress away. Kitchen with soft close, dark maple, shaker style cabinetry is topped with granite, custom tile backsplash, stainless appliance package and laundry facility. Rear door leads to roof top deck and fire escape. Up the turned staircase to the third floor is another two bedroom apartment. Each bedroom has modern storage capacity and custom hanging light fixtures. Cozy living area to retreat to after a long days work. Kitchen with soft close, dark maple cabinetry in a shaker style with wrap around bar flanked by custom tile backsplash, stainless appliance package and topped off with laundry facilities. Access to private rear deck to relax and pass time. Accessory dwelling unit, detached in the back corner of the property, plays host to a third, two bedroom unit. Main level provides laundry facilities, half bath, kitchen and living space. Second floor is host to two spacious bedrooms and a private deck overlooking the rear patio and driveway area. All mechanicals are brand new to include water line from the street, gas line, meters and connectors, separate electric panels and meters for each unit, separate high efficiency gas fired HVAC units, separate high efficiency tankless hot water heaters for each unit, entire property security system with key pads in each of the three units in the main building, brand new branch wiring for the main building and separate electrical panels, new windows, roof, siding, poured concrete perimeter, as well as vinyl fence around the sides of the lot. Not a single millimeter was left untouched. Currently being used as an AirBnB for the two apartments in the main building, with a month to month tenant in the accessory dwelling. Main floor commercial space is turn key, 12 person daycare. nothing left to do here expect operate the daycare and either keep the AirBnB, or convert to traditional rental scenario. The true definition of a turn key, cash flowing property is being offered for sale, with the highest of fit and finish, leaving no space untouched, and no detail left out. Once the day care is operational, the pro forma is off the charts, and with the AirBnB, the sky can't even be the limit. Minimal maintenance expenditures and low operational costs mean less headache and more money to make! Start working for yourself and never look back!
| Price History | |
|---|---|
| 8/10/2023 | Listed $800,000 |
| 2/6/2024 | 4% - $775,000 |
General Features
| Interior Features | Built-Ins,Ceiling Fan(s),Chair Railings,Dining Area,Floor Plan - Traditional,Kitchen - Eat-In,Kitchen - Gourmet,Recessed Lighting,Soaking Tub,Stall Shower,Upgraded Countertops,Wainscotting |
|---|---|
| Sewer | Public Sewer |
| Heating | 90% Forced Air |
| Cooling | Central A/C,Ceiling Fan(s) |
| Possession | Immediate |
| Roof | Architectural Shingle,Pitched |
| Appliances | Built-In Microwave,Built-In Range,Dishwasher,Refrigerator |
| Exterior Features | Extensive Hardscape,Exterior Lighting,Sidewalks,Street Lights |
| Zoning | 26R5-B |
| Pool Y/N | No Pool |
| Architectural Style | Carriage House,Colonial,Craftsman |
| Security Features | Exterior Cameras,Intercom,Main Entrance Lock,Non-Monitored,Security System,Smoke Detector,Surveillance Sys |
| Construction Materials | Brick,Vinyl Siding,Stone,Stucco |
| Exclusions | Tenant Personal Property |
| Year Built | 1900 |
| Electric | 200+ Amp Service,Circuit Breakers |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | NEW CASTLE |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | NINTH WARD |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade |
| Transportation | Airport less than 10 miles,Bus Stop less than 1 mile,Commuter Rail Station 1 to 5 miles |
| Status | ACTIVE |
| Directions | East on Lea Blvd to right onto N. Market St. Follow down to the 2900 block. Property is on the right hand side of the street,mid block. |
| ModificationTimestamp | 2024-04-18T14:30:45 |
| City | WILMINGTON |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Lead Based Paint - State,Prop Disclosure,Radon |
| Total Units | 4 |
| MLS Area | Wilmington (30906) |
| Lot Size Square Feet | 5227.00 |
| Tax Assessed Value | 63400.0 |
| Waterfront Y/N | No |
| Street Name | MARKET |
| Tax Annual Amount | 3060.12 |
| Home Warranty Y/N | No |
| Property Condition | Very Good |
| Two Bedroom | 3 |
| Structure Type | Detached |
| Other Units | Unit 1,Unit 2,Unit 4,Unit 3 |
| Price Per Sq Ft | 193.75 |
| Acceptable Financing | Cash,Conventional,Exchange,Private,Wrap |
| Historic Y/N | No |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Virtual Tour | https://mls.homejab.com/property/view/2913-n-market-st-wilmington-de-19802-usa |
| Total SQFT | 4000 |
| Days on Market | 253 |
| Lease Type | Month to Month |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | WILMINGTON |
| Tax Lot | 304 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Carpet,Ceramic Tile,Laminate Plank |
| Hot Water | Natural Gas,Tankless |
| Total Stories | 3 |
| Furnished Units | All |
| Heating Y/N | Yes |
| Window Features | Replacement,Vinyl Clad |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
Exterior Features
| Parking Features | Paved Parking |
|---|---|
| Water Source | Public |
| Inclusions | As Shown. Units 2 and 3 furniture in main structure. |
| Total Parking Spaces | 3 |
| Type of Parking | Driveway,On Street |
| Foundation Details | Stone,Concrete Perimeter |
| Spa | No |
| Water View Y/N | No |
| Lot Dimensions | 52.50 x 100.00 |
| Lot Size Acres | 0.12 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 4800.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Estimated |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19802
Price
Taxes
Visits
Year Built
Walkscore
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