Delaware City, DE 19706,124 CANAL ST
Delaware City, DE 19706,124 CANAL ST
Delaware City, DE 19706,124 CANAL ST
Delaware City, DE 19706,124 CANAL ST
Delaware City, DE 19706,124 CANAL ST
Delaware City, DE 19706,124 CANAL ST
Joe Johnbosco
Joe Johnbosco

Agent | License ID: RS344509

+1(215) 544-3440

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Listed by Renee C Wolhar • Long & Foster Real Estate, Inc.
Bought with Jeff P Derp • Long & Foster Real Estate, Inc.

$ 540,000

$ 529,000 2.1%

Est. payment | /mo

2,200 SqFt


$ 540,000

$ 529,000 2.1%

Est. payment | /mo

2,200 SqFt

Key Details

Sold Price $540,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $245

MLS Listing ID DENC2078312

Sold Date 06/02/25

Style Other

Abv Grd Liv Area 2,200

Year Built 1900

Available Date 2025-03-29

Annual Tax Amount $1,361

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 88.30 x 74.00

Property Sub-Type Detached

Source BRIGHT

Property 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!

Location

State DE

County New Castle

Area New Castle/Red Lion/Del.City (30904)

Zoning 22R-1

Interior

Hot Water Natural Gas

Heating Forced Air, Heat Pump(s)

Cooling Central A/C, Ceiling Fan(s), Window Unit(s)

Fireplace N

Heat Source Electric

Exterior

Water Access N

View Water, Canal, River

Accessibility Ramp - Main Level

Garage N

Building

Foundation Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Colonial

Others

Tax ID 22-007.00-162

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)

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124 CANAL ST