90 CLINTON ST, DELAWARE CITY

Commercial building on "Merchants Row" in historic Delaware City. Two-story building - 1st level is commercial, currently leased month to month for $700/month. Rent will increase to $1000/month on Jan 1, 2022. 2nd level is a 2-bedroom 1-bath apartment which is currently leased for $1150/month. The apartment is equipped with stove, refrigerator and washer/dryer. Separate electric meters for the commercial and apartment. "Merchants Row" has many shops and restaurants, all frequented by residents and visitors to Delaware City. Flood insurance may be required. 90 Clinton Street has an alleyway easement to Front Street. The owner is in the process of granting 88 Clinton a cross easement to allow goods & services to the rear door of 88 Clinton. Property is in a Historic District - needs approval for any exterior alterations. Property is in "Delaware Downtown Development District" - may qualify for a rebate program.