Newport, DE 19804,100 E MARKET ST
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Newport, DE 19804,100 E MARKET ST
Newport, DE 19804,100 E MARKET ST
Newport, DE 19804,100 E MARKET ST
Newport, DE 19804,100 E MARKET ST

$375,000

Est. payment /mo

$400,000

6.3%
Est.Price: ?

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100 E MARKET ST Newport, DE 19804

6,500 SqFt

SOLD DATE : 03/31/2017

Key Details

Sold Price $375,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $57

Subdivision None Available

MLS Listing ID 1000059866

Style Other

Year Built 1864

Annual Tax Amount $2,192

Tax Year 2016

Lot Size 0.379 Acres

Property Description

This is an extraordinary opportunity to own a commerical corner property and a piece of history -- The Newport National Bank built in 1864; a 2 1/2 story, 5 bay, 3 bay solid brick building with gable roof. Renovated in 1927 in the Colonial Revival style, this quadraplex has been well maintained and easily leased. All four roomy units have the same floor plan: 2 bedrooms, 1 full bath, living room, dining room, kitchen with pantry, a total of 1300 square feet of living space and additional rear entrances with individual 12' x 20' porches. All four porches were replaced in 2014 with "no maintenance composite". There is plenty of parking in rear lot and a 4 car detached garage that rents separately from units. The property is fenced. Each unit has individual gas heaters (replaced in 2003), and individual electric breaker boxes (tenants are responsible for their own utility costs). Rear sloped roof replaced in 2016. This is truly a unique offering with super income potential and will not last long. Also listed under Commercial MLS #6933322

Location

State DE

County New Castle

Area Elsmere/Newport/Pike Creek (30903)

Zoning 20GB

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Heating Gas, Radiator

Cooling Wall Unit

Flooring Wood, Tile/Brick

Laundry None

Exterior

Garage Spaces 4.0

Fence Other

Water Access N

Roof Type Pitched,Shingle

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Red Clay Consolidated

Others

Acceptable Financing Conventional

Listing Terms Conventional

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Bright MLS (BMLS)
Listed by Anne F Panico • Patterson-Schwartz-Hockessin
Bought with Anne F Panico • Patterson-Schwartz-Hockessin

Jason Gareau

Broker

+1(609) 929-4486

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