Bought with Sabri Thompson • Foraker Realty Co.
$610,000
$659,900
7.6%For more information regarding the value of a property, please contact us for a free consultation.
4,000 SqFt
SOLD DATE : 04/30/2025
Key Details
Sold Price $610,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $152
Subdivision Holloway Terrace
MLS Listing ID DENC2069682
Sold Date 04/30/25
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $4,203
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 101.40 x 138.50
Property Sub-Type Five Or More Units
Property Description
Long term 5 unit apartment building in New Castle. Property fully rented, (1) 3 bedroom, (3) 2 bedroom & (1) 1 bedroom units. Tenants pay seperate heat, owner pays for water, sewer & trash. Plenty of parking, roof updated 5 years ago, combination of gas forced air units, electric baseboard and mini-split. Great corner lot, property generates $62K a year in income, great investment to add to your real estate portfolio. Owner is a licensed Delaware Realtor. Call today to view, please give 48 hour notice.
Location
State DE
County New Castle
Area New Castle/Red Lion/Del.City (30904)
Zoning NC5
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Colonial
Others
Tax ID 10-010.40-136
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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