2904-2906 North Market Street

Wilmington, DE 19802

$899,900
Price
Beds
3,350 Sq. Ft.
$269 / Sq. Ft.
3,350
Sq. Ft.
$269
per Sq. Ft.

Description

Welcome to an unparalleled investment opportunity on a major thoroughfare in the City of Wilmington, featuring two side-by-side buildings with immense potential. Building 1 houses an actively licensed liquor store on the ground level, with a 3-bedroom, 1-bathroom apartment above. The included liquor license likely provides market exclusivity within a half-mile radius, offering a stable income stream and deterring competition. Building 2 is comprised of three units: an unfinished commercial space...Welcome to an unparalleled investment opportunity on a major thoroughfare in the City of Wilmington, featuring two side-by-side buildings with immense potential. Building 1 houses an actively licensed liquor store on the ground level, with a 3-bedroom, 1-bathroom apartment above. The included liquor license likely provides market exclusivity within a half-mile radius, offering a stable income stream and deterring competition. Building 2 is comprised of three units: an unfinished commercial space and an efficiency unit on the first floor, with a 3-bed, 1-bath unit on the second floor. Both buildings require significant rehabilitation, making them perfect for a savvy investor looking to add value. Located in a prime urban setting, these properties offer diverse rental and commercial opportunities, enhanced by Wilmington's ongoing development. Don't miss this rare chance to secure a key piece of Wilmington's real estate market and capitalize on its growth potential. Schedule your tour today! Both Parcels - 26-022.20-440 & 26-022.20-439 are included in the sale.
  1. Listed by Anthony Thomas Letizia • VRA Realty
    P: (845)-222-3569 anthony.letizia.21@gmail.com

Property Details for 2904-2906 North Market Street

Tax ID Number
26-022.20-440
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Straight Thru
Waterfront
No
Garage
No
Legal Subdivision
WILMINGTON
Central Air
No
LISTING UPDATED: 11/06/2024 01:53 PM

Property Details for 2904-2906 North Market Street

StatusActive
MLS #DENC2066408
Days on Market132
Taxes$3,118 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1906
Lot Size0.06 AC / 2,614 SF
CountyNew Castle County

Building Information for 2904-2906 North Market Street

Stories-Residences4Year Built1906Building Size-Lot Size0.06 AC / 2,614 SF

Property Information for 2904-2906 North Market Street

Location
Location
  • In City Limits: Yes
  • School District Name: BRANDYWINE
  • School District County ID: 300200396892
  • SchoolDistrictSource: Listing Agent
  • County: NEW CASTLE
  • MLS Area: Wilmington (30906)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $64,700
  • Year Assessed: 2022
  • County Tax: $163
  • Improvement Assessed Value: $42,200
  • City Town Tax: $1,200
  • Land Assessed Value: $22,500
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: 26C-1
  • Zoning Dscrp: Commercial Mixed Use
  • Tax Lot: 440
  • School Tax: $1,755
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
  • Units Furnished: None
  • Number Of Units Vacant: 4
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.90 x 137.50
  • Lot Dimensions Source: Assessor
  • Lot Features: Additional Lot(s), Rear Yard
  • Location Type: Downtown
  • Parcel ID: 2400579
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Level Entry - Main
  • Security Features: Exterior Cameras
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: New Castle County Board of REALTORS

Property History for 2904-2906 North Market Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2904-2906 North Market Street

This home is within Brandywine School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Carrcroft Elementary School
PublicK to 5

Springer Middle School
Public6 to 8

Mount Pleasant High School
Public9 to 12

Brandywine SITE
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2904-2906 North Market Street is a multi-family home for sale in Wilmington, DE 19802. This property was listed for sale on August 11, 2024 by VRA Realty, it's currently listed at $899,900. This listing's school district is Brandywine School District. Nearby schools include Carrcroft Elementary School, Springer Middle School and Mount Pleasant High School. 2904-2906 North Market Street is a 0-bed, 0-bath, 3,350 sqft multi-family home built in 1906.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of VRA Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.