Seller's Agent in 2025
Renee Wolhar
Long & Foster
(302) 388-7254
1 in this area
67 Total Sales
124 Canal St Delaware City, DE 19706
Studio
--
Bath
2,200
Sq Ft
4,356
Sq Ft Lot
Highlights
- River View
- Forced Air Heating and Cooling System
- 3-minute walk to Fort Delaware State Park
- Ramp on the main level
- Ceiling Fan
About This Home
As of June 2025Open House, Saturday, 3/29 from 12:00-2:00. Investor Alert! Rarely available 4-unit waterfront property in the heart of Delaware City! This quadruplex currently generates $5000 a month and is fully rented with dependable tenants, making it a perfect addition to an investor portfolio! All units are almost identical in size, featuring one bedroom, a separate living room, eat-in kitchen, and a stackable washer and dryer. Three of the four units have been updated. In addition, there is on-site parking and street front parking for the tenants. This location is a remarkable find! It’s within walking distance of local restaurants, the Post Office, Battery Park, the Library, and the ferry, which takes you directly to Pea Patch Island, home of Fort Delaware State Park. The property is conveniently located within 5 miles of Route 13 and Route 1, providing a short commute to Wilmington and Philadelphia. For a more detailed look at this property, make sure to check out the floor plans and video link showcasing each unit. Owning a multiplex presents an excellent opportunity to diversify your income stream. This property is ideal for both experienced investors and those beginning their real estate ventures. To take advantage of this investment opportunity, schedule your showing today!
Last Agent to Sell the Property
(302) 351-5000 maggie@lnf.com Long & Foster Real Estate, Inc. License #RS-0022747 Listed on: 03/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,361
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 88.30 x 74.00
Property Views
- River
- Canal
Home Design
- Quadruplex
- Vinyl Siding
Interior Spaces
- 2,200 Sq Ft Home
- Ceiling Fan
- Crawl Space
Parking
- Driveway
- On-Street Parking
Accessible Home Design
- Ramp on the main level
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heat Pump System
- Natural Gas Water Heater
Community Details
- 4 Units
Listing and Financial Details
- The owner pays for all utilities, lawn/shrub care, management
- Tax Lot 162
- Assessor Parcel Number 22-007.00-162
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $540,000 | +2.1% | $245 / Sq Ft |
| 03/31/2025 03/31/25 | Pending | -- | -- | -- |
| 03/29/2025 03/29/25 | For Sale | $529,000 | -- | $240 / Sq Ft |
Source: Bright MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,045 | $34,000 | $8,700 | $25,300 |
| 2023 | $945 | $34,000 | $8,700 | $25,300 |
| 2022 | $990 | $34,000 | $8,700 | $25,300 |
| 2021 | $922 | $34,000 | $8,700 | $25,300 |
| 2020 | $931 | $34,000 | $8,700 | $25,300 |
| 2019 | $1,205 | $34,000 | $8,700 | $25,300 |
| 2018 | $915 | $34,000 | $8,700 | $25,300 |
| 2017 | $857 | $34,000 | $8,700 | $25,300 |
| 2016 | $752 | $34,000 | $8,700 | $25,300 |
| 2015 | -- | $34,000 | $8,700 | $25,300 |
| 2014 | -- | $34,000 | $8,700 | $25,300 |
Source: Public Records
Agents Affiliated with this Home
-
Renee Wolhar
-
Jeff Derp
Buyer's Agent in 2025
Jeff Derp
Long & Foster
(302) 562-0942
1 in this area
96 Total Sales
Map
Source: Bright MLS
MLS Number: DENC2078312
APN: 22-007.00-162
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