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305 W 18th St
Wilmington, DE 19802 Baynard Village

$1,200,000 USD

Apartments For Sale  •  6,300 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,300 SF
  • Lot Size 0.22 AC
  • Building Class C
  • Year Built 1914
  • Zoning R5C, Wilmington City
52 Transit Score
78 Walk Score

Highlights

Desirable Location: Directly across from Brandywine Park and the Washington Memorial Bridge, within walking distance of Downtown Wilmington
Attractive Unit Mix: Eight total units - (2) three-bedroom, (1) two-bedroom, and (5) one-bedroom apartments
Recent Capital Improvements: Unit renovations, new roof, and new water heaters in 2020
Turn-Key Investment: Well-maintained property requiring minimal immediate capital expenditures
Rental Upside: Current rents average ~9% below market, presenting strong income growth potential
Strong Residential Corridor: Located in one of Wilmington’s most sought-after neighborhoods with easy access to major employers, schools, and transit

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Heating
  • Smoke Free
  • Kitchen
  • Range
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Philadelphia International 26 min - 19.7 mi
Andrew Rodgers 610-500-0818 Marcus & Millichap
Andrew Rodgers 610-500-0818 Marcus & Millichap