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2,200 sqft

$540,000

124 CANAL STREET, DELAWARE CITY DE, 19706

Price per sqft$245.45
Built in1900
Property size2,200 sqft
Property typeMulti-family

Overview

Sold

Closed-bright

Listed Jun 2, 2025

Updated 8 days ago

Open 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!

Additional information

MLS® ID
DENC2078312

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$1,361
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by Long & Foster Real Estate, Inc.
Listing Contact: 3023887254 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/20/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/20/2026 at 9:10 PM UTC

 

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