Average square foot calculated using Size range provided by listing agent.
Description
Prime Investment Opportunity – 12-Unit Multifamily Conversion on Historic Independence Square Seize this turnkey investment opportunity in the heart of Uptown Historic Independence Square! This 8, 000 sq. Ft. Building, formerly an office space, has already undergone a zoning change to Multifamily PUD 18 and comes with city-approved, stamped architectural drawings—ready for you to bring this project to life. Plans propose 12 apartment units, including five 1-bedroom, 1-bath units and seven 2-bedroom, 1-bath units, with estimated gross rents of $15, 000 per month. With 28 dedicated parking spaces, tenants will enjoy ample parking in a high-demand area. Located just 900 feet from The Delaware Event Space & Coffee on Main Street, this property is fully supported by the South Main Street community, The Square, and the Mayor’s office. Tenants will be steps away from coffee shops, movie theaters, restaurants, shopping, and city events—offering the perfect blend of historic charm and modern convenience. All the groundwork has been done—this project is teed up and ready for completion. Don’t miss your chance to own a prime multifamily asset in a thriving location! ?? Contact us today for details and to schedule a viewing! Owner is a licensed agent.Show Description
MLS® Number2531952
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelInside
Exposure
Exterior
GarageNo
Approx. Age1970
Stories2
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatNone
A/CNone
Heating Fuel
Extras
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