621 MARYLAND AVENUE, Wilmington, DE 19805
Commercial Property 
Built in 1940 
3,485sqft lot
—— car garage 
$——/sqft 
Listed 4 months ago
Property Description
Introducing 621 Maryland Ave in Wilmington—a prime investment opportunity that seamlessly blends commercial and residential income streams. This versatile property boasts a bustling restaurant on the ground level, secured by a long-term lease generating a reliable $2,800 per month. Ascend to the second floor, where two inviting 2-bedroom apartments are tenant-occupied, providing additional monthly income of $950 and $925 respectively. This property not only offers immediate returns but also the potential to enhance your portfolio when purchased as part of a comprehensive investment package with 1003 and 1005 Beech St (MLS #DENC2075898 & DENC2075904). Ideally situated in a dynamic area of Wilmington, 621 Maryland Ave provides both stability and growth, making it an exceptional opportunity for discerning investors. Contact us today to explore the full potential of this income-producing asset.
- Listing Status:
- Active
- Date Added:
- February 11, 2025 at 06:00AM
- Listing Office:
- Long & Foster Real Estate, Inc. : 6108928300
- Listing Agent:
- Christopher D Wharton : 4844863391
- MLS ID:
- DENC2075908
- A/C: Central A/C
- Heating: YForced AirNatural Gas
- Disability Feature: None
This listing courtesy of Christopher D Wharton, Long & Foster Real Estate, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Bayard School (The)
200 S Dupont St, Wilmington, DE, 19805
Grades 1-8
0.50 miles away
Bayard School (The)
200 S Dupont St, Wilmington, DE, 19805
Grades 1-8
0.50 miles away
Douglass School
1800 Prospect Rd, Wilmington, DE, 19805
Grades 1-12
0.83 miles away
