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Key Details
Sold Price $315,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID DENC2046958
Sold Date 10/31/23
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $87
Tax Year 2022
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Description
We are thrilled to present a truly exceptional investment opportunity in the heart of the thriving city of Wilmington – a 12-lot subdivision that promises enormous potential for rental townhomes or profitable reselling. Situated in a great location, this subdivision has all the right ingredients for a successful and rewarding venture. Allow us to highlight the key reasons why this project is set to stand out: Prime City Location: The city of Wilmington is renowned for its dynamic economy, cultural diversity, and a strong rental market. It is a hub of business, commerce, and entertainment, making it a highly sought-after destination for residents and investors alike. High Demand for Rental Properties: Wilmington is experiencing a significant surge in demand for rental properties due to an influx of young professionals, students, and families seeking urban living with easy access to amenities and public transportation. Our 12-lot subdivision presents an ideal opportunity to cater to this growing demand. Strong Potential for Resale Value: Not only does Wilmington boast a robust rental market, but its real estate market is also consistently showing positive growth trends. With careful planning and quality construction, the townhomes developed in this subdivision are poised to gain substantial appreciation, providing an excellent opportunity for reselling and maximizing returns on investment. Proximity to Key Infrastructure: One of the main highlights of this subdivision is its close proximity to major transportation networks, schools, parks, shopping centers, and other essential amenities, ensuring convenience and desirability for potential residents. In conclusion, this 12-lot subdivision in the great city of Wilmington offers an extraordinary opportunity for investors and developers looking to capitalize on the city's prosperous rental market or the thriving real estate resale market. With a strategic location, strong demand, and an experienced team, we are confident that this project will yield impressive results and be a shining gem in the city's landscape. We welcome you to explore this exciting prospect further and look forward to discussing how we can make this vision a reality together. Possible owner financing. Please do not hesitate to contact us for additional information or to schedule a site visit.
Sales includes:
414-A W 29th St Wilmington DE 19802 Tax ID 26015.40165
414-B W 29th St Wilmington DE 19802 Tax ID 26015.40494
416 W 29th St Wilmington DE 19802 Tax ID 26015.40493
418 W 29th St Wilmington DE 19802 Tax ID 26015.40492
2804 N Madison St Wilmington DE 19802 Tax ID 26015.40140
2806 N Madison St Wilmington DE 19802 Tax ID 26015.40501
407 Noahs Dr Wilmington DE 19802 Tax ID 26015.40495
409 Noahs Dr Wilmington DE 19802 Tax ID 26015.40496
411 Noahs Dr Wilmington DE 19802 Tax ID 26015.40497
413 Noahs Dr Wilmington DE 19802 Tax ID 26015.40498
415 Noahs Dr Wilmington DE 19802 Tax ID 26015.40499
417 Noahs Dr Wilmington DE 19802 Tax ID 26015.40500
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Red Clay Consolidated
Others
Tax ID 26-015.40-496
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Catherine M. Ortner • Compass
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Eric Clash
Agent & Founder of Clash Home Team | License ID: 535187
Agent & Founder of Clash Home Team License ID: 535187