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Market Watch: Multi-family property

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Multi-family property 

Location: 500 N. Rodney St., Wilmington

Asking price: $500,000

Size: 5,100 square feet, nine units

Price per unit: $55,555.56

Features: Well-maintained solid masonry nine-unit apartment building with separate electric, heat and hot water. Upgraded kitchens and bathrooms. Operating income of $44,394. Private, fenced off-street parking.

Setting: Blocks from St. Francis Hospital.

Contact: Peter Meyer at Meyer Realty at (302) 218-2790

 

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