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8-Unit Value Add Multifamily Property

9 E 37th St, Wilmington, DE 19802, USA

For Sale


Property Description

Property Highlights

  • Roof less than 5 years old

  • Total of 8 parking spaces - 4 in the front, 4 in the back

  • Tenants pay all utilities which are separately metered

  • Landlord pays water, sewer, and trash

  • Coin operated laundry (2)

Property Overview

VRA Realty is pleased to extend to qualified investors this 8-unit value add multifamily investment property located in Northwest Wilmington. Situated in a residential neighborhood, and within walking distance to public transportation, the Wilmington Library and Shellpot Creek Park, this solid brick two-story building offers eight (8) 2 bedroom 1 bath units. All units have separately metered electric and

gas which tenants pay. With the good bones, nicely designed floor plans, and under market rent, there is upside in rental income for the investor looking to increase value.

Contact Agent

Brady Carroll


Property Details

Property Type


Cap Rate





3,524 SF




Property Location

9 E 37th St, Wilmington, DE 19802, USA

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