124 Canal Street

DELAWARE CITY, DE 19706

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,200 Sqft
  • 4356
    Sqft(Lot)
$529,000

Description

Open house, saturday, 3/29 from 12:00-2:00. investor alert! rarely available 4-unit waterfront property in the heart of delaware city! this quadruplex currently generates $5000 a month and is fully rented with dependable tenants, making it a perfect addition to an investor portfolio! all units are almost identical in size, featuring one bedroom, a separate living room, eat-in kitchen, and a stackable washer and dryer. three of the four units have been updated. in addition, there is on-site parking and street front parking for the tenants. this location is a remarkable find! it’s within walking distance of local restaurants, the post office, battery park, the library, and the ferry, which takes you directly to pea patch island, home of fort delaware state park. the property is conveniently located within 5 miles of route 13 and route 1, providing a short commute to wilmington and philadelphia. for a more detailed look at this property, make sure to check out the floor plans and video link showcasing each unit. owning a multiplex presents an excellent opportunity to diversify your income stream. this property is ideal for both experienced investors and those beginning their real estate ventures. to take advantage of this investment opportunity, schedule your showing today!

  • Property Type

    Multi-Family

  • County

    NEW CASTLE

  • Style

    Other

  • AD ID

    49062519

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: Central A/C,Ceiling Fan(s),Window Unit(s)
    • Heating: Forced Air,Heat Pump(s)
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1900
    • Structure: Detached
    • New Construction: No
    • Total Units: 4
    • Built: 1900
    • Construction Material: Vinyl Siding
    • Foundation/Basement: Crawl Space
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 4,356
    • Dimensions: 88.30 x 74.00
    • Lot Size (Acres): 0.10
    • Architectural Style: Other
    • Main Square Feet: 4,356

    Property Information

    • SQ ft: 2,200
    • SQ ft (Living Area): 2,200
    • Total Lot SQ ft: 4,356
    • View: Water,Canal,River
    • Appx. Lot Dimensions: 88.30 x 74.00
    • Total Acreage: 0.10
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 3

  • Tax Information

    • Annual Tax: $1,361
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $34,000

  • Virtual Tour

    Parking Information

    • Parking Type: On Street,Driveway

    Homeowners Association Information

    • Direction: Canal St

  • School Information

    • School District: COLONIAL

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Natural Gas

    Location Information

    • Direction: Canal St
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BuyOwner last updated this listing 04/20/2025 @ 23:29

  • MLS: DENC2078312
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is recently sold, it has 2,200 sqft, 4,356 sized lot, and 0 parking. are nearby neighborhoods.