$200,000
$189,900
5.3%For more information regarding the value of a property, please contact us for a free consultation.
411 N GOVERNORS AVE Dover, DE 19904
1,555 SqFt
Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,555 sqft
Price per Sqft $128
MLS Listing ID DEKT2016194
Style A-Frame
Year Built 1939
Annual Tax Amount $1,541
Tax Year 2022
Lot Size 7,500 Sqft
Property Description
An amazing addition to any rental portfolio to cap off 2022. This 3 Unit Building has had tenants in place for at least 4 years, with Unit 1 tenants being in place over 20 years! The length of occupancy and financials speak for themselves with this property. Public sewer and water are a plus, and maintenance is low with electric heat and individual cooling units. New windows permitted in 2022, New dormer siding, and New Gutters add to the viability of the building. Cash flow is king here, with a 2022 NOI of $24,661.76 don't miss out on this rare opportunity!
Location
State DE
County Kent
Area Capital (30802)
Zoning RG1
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplaces Number 1
Exterior
Exterior Feature Porch(es), Screened
Utilities Available Above Ground
Water Access N
Roof Type Shingle
Building
Lot Description Front Yard, Level, Rear Yard, Road Frontage
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Fairview
Middle Schools Central
High Schools Dover
School District Capital
Others
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Special Listing Condition Standard
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Bought with Jenna A LaFermine • Burns & Ellis Realtors