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Updated about 5 years ago on . Most recent reply

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2
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Chad D.
  • Wilmington, DE
1
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2
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Multifamily Water/Sewer/Trash Pricing in Wilmington, DE

Chad D.
  • Wilmington, DE
Posted

Hello all,

I'm looking to invest in a multifamily property (2-4 units) in New Castle County, Delaware, that requires, at most, cosmetic repairs. Specifically, for my first property, I wish to invest in Wilmington. I've been practicing analyzing deals while I save for a prospective property, but I wanted to ask if anyone could share insights regarding common water, sewer, and trash pricing in the city, otherwise how it may be best to obtain accurate information for this.

Thank you!

Chad Daksha

Most Popular Reply

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82
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38
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Vincent Garman
  • Real Estate Agent
  • Delaware
38
Votes |
82
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Vincent Garman
  • Real Estate Agent
  • Delaware
Replied

Best of luck. There are currently 11 multifamilies for sale in New Castle County. and 24 have sold in 2020. It is slim pickings with lots of full time investors. Best chance is to buy something off the market. Requires networking, hard work and some luck. 

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