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$435,000

Beds
5
Baths
3.5
sq ft
3,000

712 N West St, Wilmington, DE 19801

712 N West St

WILMINGTON, DE 19801

  • 64 days on market
    • Price drop $15,000↓
Discover endless possibilities at 712 N West St, a versatile mixed-use property in the heart of Wilmington, DE. This unique property features a lower level currently designed as a functional office space complete with a kitchen, offering a seamless transition for business operations. However, if you’re seeking residential space, this level can easily be converted into a comfortable living area to suit your needs. Upstairs, you’ll find a spacious residential layout boasting 5 bedrooms and 3 bathrooms, perfect for accommodating a large family or creating a live-work environment. With its prime location, this property offers the convenience of downtown living while providing ample space for both professional and personal pursuits. Not interested in commercial space? This property has the possibility to be converted into a 6-unit residential building. Double check with the local zoning laws. This property also has the possibility to get DDD, opportunity zone & historical tax credits. Whether you're an entrepreneur looking for the ideal office space with living quarters or someone seeking a spacious home with the potential for rental income, 712 N West St is a rare find that combines the best of both worlds. Don't miss this opportunity to own a property that can adapt to your vision.

Details

Property type

Duplex

Est. home value

$384,686

Lot size

2,613 sq ft

Price per sq ft

$145

Year built

1900

Annual property taxes

$10,733

HOA

No

Price History

11/04/2024
Bright

Bright #DENC2068112

Price change
$435,000
-3.33%
09/30/2024
Bright

Bright #DENC2068112

Price change
$450,000
-5.26%
09/11/2024
Bright

Bright #DENC2068112

Listed
$475,000
+93.88%

Schools & Community

Neighborhood: 

Trinity Vicinity

Elementary school: 

Unknown

Middle school: 

BAYARD

High school: 

Unknown

School district: 

CHRISTINA

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Resource Bank

Loan start date

May 2022

Original loan amount

$275,000

Est. remaining balance

Not provided

Interest rate

4.16%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Quaker Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/13/2024 at 11:00 PM

Listing updated: 11/06/2024 at 1:54 PM

Listed by: Jacob Verna, VRA Realty Phone #: (484) 800-1777

MLS: Bright #DENC2068112

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