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124 Canal St, 
Delaware City, DE 19706

$529,000


4

Beds


Bath


2,200

Sq Ft


Multi-Family

Pending

Listed by

Renee C Wolhar

Long & Foster Real Estate, Inc.

Last updated:

April 15, 2025, 07:31 AM

MLS#

DENC2078312

Source:

BRIGHTMLS

About This Home

124 Canal St

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!

Home Facts

Multi-Family

4 Bedrooms

Built in 1900

Price Summary

529,000

$240 per Sq. Ft.

MLS #:

DENC2078312

Last Updated:

April 15, 2025, 07:31 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4


Structure

Structure

Building Area:

2,200 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$529,000

Price per Sq. Ft:

$240 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.