825 N MARKET ST

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825 N MARKET ST

WILMINGTON, DE 19801-4932
Asking Price
$895K
Cap Rate
9%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

6 Units Mixed Use, Central Location, Vibrant Downtown Area <p><strong>PROPERTY OVERVIEW</strong></p><ul><li>​<ul><li>​<strong>Prime Downtown Wilmington location</strong> directly across from the Grand Opera House</li><li>​<strong>Mixed‑use configuration</strong> with strong visibility and foot traffic</li><li>​<strong>Six total units</strong>:</li><li>​One <strong>street‑level commercial space</strong> (restaurant tenant)</li><li>​Five <strong>residential apartments</strong>: one 2‑BR, three 1‑BR, one studio</li><li>​Walkable to restaurants, offices, ho

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NOI
$80,000
Cap Rate
8.94%
DSCR
1.51
Strong
Cash-on-Cash
10.01%
Monthly Payment
$4,427.972
Annual Cash Flow
$26,864.34

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