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    4028 New Castle Avenue

    NEW CASTLE, DE 19720
    • $395,900
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: DENC524766
    UPDATED: 112 min ago
    $395,900
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 800
      SQFT
    • $495
      $/SQFT
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    School District:

    Description

    Here is your chance to get Four unit rental in the county, two buildings, each building has two units. This investment has a long term proven positive cash flow. Three long term tenants, two of the three have been there for over 10 years. Tenant's rent is below market, however they are very good paying tenants, you can either keep them or turn the unit and increase your cash flow. Unit # 1 is over 1200 sqft feet and ready for rental or a buyer can move into it and have the tenants pay your mortgage. Tenants pay for their own utilities, front building roof was just installed 3 years ago, off street parking and ready to add to your investment portfolio. Coventional or cash purchase only, no Fha financing. Owner is a licensed Delaware realtor. Call for your private tour today !!!

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Coast & Country. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-14T23:53:26.207.
    www.remaxcoastandcountryeasternshore.com/homes/116238561
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    4028 New Castle Avenue NEW CASTLE, DE 19720

    • Price: $395,900
    • Status: Active
    • Updated: 112 min ago
    • ID#: DENC524766
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    800
    SQFT
    $495
    $/SQFT
    1910
    Built
    Neighborhood:
    New Castle/Red Lion/Del.City (30904)
    County:
    New Castle
    Area:
    New Castle/Red Lion/Del.City (30904)
    School District:
    Colonial
    Property Description
    Here is your chance to get Four unit rental in the county, two buildings, each building has two units. This investment has a long term proven positive cash flow. Three long term tenants, two of the three have been there for over 10 years. Tenant's rent is below market, however they are very good paying tenants, you can either keep them or turn the unit and increase your cash flow. Unit # 1 is over 1200 sqft feet and ready for rental or a buyer can move into it and have the tenants pay your mortgage. Tenants pay for their own utilities, front building roof was just installed 3 years ago, off street parking and ready to add to your investment portfolio. Coventional or cash purchase only, no Fha financing. Owner is a licensed Delaware realtor. Call for your private tour today !!!
    Exterior Features

    Architectural Style A-FrameTransitional Construction Materials StuccoAsbestos Garage YN No Other Structures Above GradeBelow Grade Parking Types DrivewayOn Street Pool No Pool Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 800 Appliances DryerRefrigeratorStoveWasher Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Tenant Possessions Fireplaces Total 0 Heating Baseboard - ElectricHot Water Heating YN Yes Inclusions 4 Stoves4 RefrigeratorsWasher & Dryer Single Room Units 1 Three Bedroom Units 1 Two Bedroom Units 2 Units Furnished None

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel None Electric Average Monthly 0 Electric Last12 Months 0.00 Heating Fuel ElectricNatural Gas Hot Water Natural Gas Insurance Expense 750.00 Navigable Water YN N New Construction YN No Number Of Units Total 1 Number Of Units Vacant 1 Original MLSNumber 304565249271 Owner Pays SewerWater Ownership Interest Fee Simple Possession Immediate Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 760.00 Tax Assessment Amount 23800.00 Tax Lot 009 Total Actual Rent 37440.00 Trash Expense 500.00 Utilities Natural Gas Available Vacation Rental YN No Water Average Monthly 110 Water Last12 Months 1320.00 Water Source Public Zoning Hi

    Listing courtesy of Meyer & Meyer Realty.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Coast & Country. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-14T23:53:26.207.
     
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    38613 Benro Drive, Unit 5
    Delmar DE, 19940