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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.
DAYS ON MARKET | 10 | LAST UPDATED | 2/11/2025 |
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TRACT | NONE AVAILABLE | YEAR BUILT | 1940 |
COMMUNITY | Wilmington (30906) | COUNTY | NEW CASTLE |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
School District | CHRISTINA |
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ADDITIONAL DETAILS | |
AIR | Central Air, Electric |
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AIR CONDITIONING | Yes |
APPLIANCES | Gas Water Heater |
AREA | Wilmington (30906) |
CONSTRUCTION | Other |
HEAT | Forced Air, Natural Gas |
LOT | 3485 sq ft |
LOT DIMENSIONS | 48.50 x 67.50 |
PARKING | On Street |
SEWER | Public Sewer |
SUBDIVISION | NONE AVAILABLE |
TAXES | 4345 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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