$520,000
Rare mixed-use multi-family investment opportunity in Wilmington! 9 East 44th Street combines separately accessed residential areas, an expansive street-level commercial space with three large bays, and a generously sized lot—creating the potential for multiple income streams from one highly versatile property.
The residential portions feature private entrances, allowing for separation between occupants and the commercial space. This flexible configuration may appeal to investors seeking rental income, owner-occupants looking to offset monthly expenses, or buyers interested in combining residential and business uses under one roof.
What distinguishes this property from a traditional multi-family listing is its substantial commercial component. The street-level space features three bays and may be suitable for an automotive-related business, contractor operation, workshop, warehouse, storage, trades business, showroom, office, or other permitted commercial use. An investor may have the opportunity to generate income from both residential tenants and a commercial occupant rather than relying exclusively on residential rents.
The generously sized lot provides additional outdoor space for parking, vehicle access, equipment, tenant use, business operations, or other possibilities permitted by local regulations. This added land is a valuable feature that can be difficult to find with mixed-use and multi-family properties in the surrounding Wilmington market.
Separate access points allow the residential and commercial areas to function independently, while the large lot and three-bay configuration provide space and flexibility that many conventional duplexes, apartment buildings, storefronts, and garage properties cannot match.
Ideal for multi-family investors, owner-occupants, entrepreneurs, contractors, automotive professionals, and buyers seeking a flexible income-producing asset. With residential rental potential, substantial commercial space, three bays, separate entrances, and a generously sized lot, 9 East 44th Street presents a rare opportunity to acquire multiple property uses and potential revenue streams in one location.
Property configuration, permitted uses, number of legal dwelling units, rental licensing, parking requirements, zoning, and potential lot uses should be independently verified by the buyer with the appropriate governmental authorities.
4
Beds
⋅
3
Baths
9 E 44th St, Wilmington
Listing courtesy of Crown Homes Real Estate. Contact: (302) 504-6147