37 Gordon St
$80,000
37 Gordon St, Wilmington, De 19802
For Sale
Commercial
Active
Last Updated: 02/04/2025
10
Cap Rate
10,613
NOI
Details:
Cap Rate: 10%
NOI: $10,613
Year Built: 1940
Zoning: 26C-1
Highlights:
- Days on Market: 527
- Heating: Radiator
Description:
Here is your chance, don't miss out on an opportunity to acquire five garages and one lot included. One garage is available for immediate use or ready to be rented. These are LONG TERM TENANTS in place, 15-20 years. Tenants pay month to month. Add to your real estate portfolio another revenue stream. Instant cash flow. Some of the garages have electric and plumbing. The tenants pay all electric and owner pays very minimum water for two garages. Own this property with very little maintenance, all roofs are approximately 5 years old. Additional garages avail for sale 19 Gordon Street which is currently on market.
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