See Home Value
$1,136,347*
Commercial - Off Market

111 S SCOTT STREET

WILMINGTON, DE 19805
bedrooms
Studio
bathrooms
0 Bath
$698,000 - $852,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Turn Key apartments well located in Wilmington just outside of the Little Italy area and in Bayard Square, walkable to numerous community amenities.  10 total units, consisting of 2 brick structures, each with 5 one-bedroom apartment units.  Situated at the corner of S. Scott and Chestnut Streets with abundant on-street parking.  Designed and constructed as apartment units this is a turn key investment with all units fully rented.   Each unit features hardwood floors spacious living spaces, well scaled kitchens,  tiled bathrooms, six panel doors, and vinyl replacement windows.   Separate gas boilers provide radiant heat to each unit, electric hot water, separate circuit breaker panels for each unit, results in utilities billed directly to tenant by local utility.  Water and sewer are an owner expense.   On-site coin operated laundry service (owned by the owner) generates additional income, tenant storage lockers and owner storage area are additional features.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$6,990
HOA Dues
-
Year Built
1942

Price History

Date / Event Date Event Price
Aug 13, 2019 No longer available -
No longer available
Jun 25, 2019 Sold $720,000
Sold
Feb 14, 2019 Listed $775,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
2,750 ft²
$325/ft²
$893,170 Mar 29, 2023
$893,170 Apr 21, 2023
$222/mo
House
5 Beds
5 Baths
2,271 ft²
$297/ft²
$675,000 Sep 9, 2022
$675,000 May 8, 2023
$169/mo
House
3 Beds
3 Baths
2,700 ft²
$307/ft²
$830,000 Feb 15, 2023
$830,000 Apr 18, 2023
$850/mo
House
4 Beds
5 Baths
3,575 ft²
$221/ft²
$789,000 Apr 12, 2023
-
$50/mo
House
6 Beds
6 Baths
4,150 ft²
$193/ft²
$799,999 May 19, 2023
-
-
Condo
5 Beds
4 Baths
-
$659,000 May 15, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190214
02/14/2019
Studio
-
-
$775,000
bedrooms
Studio
bathrooms
-
$720,000 -7.10%
06/25/2019
-
Paul Pantano

Building Info

111 South Scott Street 111 South Scott Street, Wilmington, DE 19805
More about this Building
111 South Scott Street
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About Bayard Square


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