Newark, DE 19702,28 S OLD BALTIMORE PIKE
See all 20 photos
Newark, DE 19702,28 S OLD BALTIMORE PIKE
Newark, DE 19702,28 S OLD BALTIMORE PIKE
Newark, DE 19702,28 S OLD BALTIMORE PIKE
Newark, DE 19702,28 S OLD BALTIMORE PIKE

$340,000

Est. payment /mo

$330,000

3.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

28 S OLD BALTIMORE PIKE Newark, DE 19702

1,700 SqFt

SOLD DATE : 09/16/2024

Key Details

Sold Price $340,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,700 sqft

Price per Sqft $200

MLS Listing ID DENC2064722

Style Colonial

Year Built 1866

Annual Tax Amount $723

Tax Year 2022

Lot Size 6,098 Sqft

Property Description

Here's an amazing opportunity to own a fully renovated turn key multi-family property. This multi-family property is located centrally located in Newark, close to the Christiana hospital, Christiana mall, I-95, route 1, popular dining, shopping and more! This duplex and the duplex next door (32 Old Baltimore) can be purchased as a package for a total of $650,000. 32 Old Baltimore is being fully renovated to look just like 28 Old Baltimore. Unit B of 28 Old Baltimore is currently rented for $1,600 monthly. The estimated monthly income for both duplexes (all 4 units) is $5,700 with an expected monthly cash flow of $2,000 (this includes principle, interest, taxes and insurance for both properties at 25% down and current interest rates). Current rental and interest rates are to be verified by buyer/lender. Unit A has 1 bedroom and 1.5 bathrooms. Unit B has 2 bedrooms, a large bonus room, and 1.5 bathrooms.

Location

State DE

County New Castle

Area Newark/Glasgow (30905)

Zoning NC5

Interior

Hot Water Other

Heating Other

Cooling Ductless/Mini-Split, Central A/C

Exterior

Water Access N

Building

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Christina

Others

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Corey J Harris • Crown Homes Real Estate
Bought with Melody Davis • RE/MAX 1st Choice - Middletown

Jason Gareau

Broker

+1(609) 929-4486

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.