$570,000

3 Beds 1 Baths 975 SQFT

55 New London Avenue
Newark, DE 19711

John Welcome Photo
John Welcome
Welcome Home Realty
Broker
302.670.4092
Presented by: EXP Realty, LLC

Property Description 

This listing is part of a ten-property portfolio that has consistently performed for more than 2 decades. This property is zoned for (4) unrelated tenants close to the University of Delaware. This is an extremely desirable investment location near “The Deer Park Tavern”, basically an extension of Main Street and walkable to the campus. For the right offer seller will consider breaking up the portfolio. Price determined based on income history. (7 Cap) This is a portfolio that includes the following MLS listings: DENC527540; DENC527564; DENC527572; DENC527574; DENC527576; DENC527580; DENC527576; DENC527598; DENC527600; DENC527610. Buy this complete investment portfolio for only $4,779,671.00


Interior Features 

Bedrooms

Bedrooms Count All Upper Levels3
Bedrooms Count Upper Level 13
Total Bedrooms3

Bathrooms

Bathrooms Count All Upper Levels1
Bathrooms Count Upper Level 11.00
Bathrooms Full All Upper Levels1
Bathrooms Full Upper Level 11
Full Baths1
Total Baths1

Other Interior Features

Above Grade Finished Area975
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
Basement Y/NYes
Below Grade Finished Area0
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Living Area975
Total Fireplaces0

General

AccessibilityNone
Architectural StyleOther
Association Y/NNo
BasementFull
Condo/Coop Association Y/NNo
Construction MaterialsShingle Siding
Cool FuelNone
CoolingNone
CountyNEW CASTLE
Days on Market233
Garage Y/NNo
HeatingForced Air
Legal SubdivisionBELL SUBD
Levels3
Lot Size Square Feet4356.00
MLS AreaNewark/Glasgow (30905)
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Pool Y/NNo Pool
PossessionSubject to Existing Lease
Price Per Sq Ft584.62
Property TypeResidential
School DistrictCHRISTINA
School District300200396890
Senior Community Y/NNo
SewerPublic Sewer
Structure TypeEnd of Row/Townhouse
Subdivision NameNEWARK
Tax Annual Amount775.0
Tax Lot340
Tax Year2021
Vacation Rental Y/NNo
Water Access Y/NNo
Zoning18RM

Exterior

Lot Dimensions25.40 x 192.10
Lot Size Acres0.10
Lot Size SourceAssessor
Navigable Water Y/NNo
Off Street – # of Spaces2
Total Parking Spaces2
Type of ParkingOff Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

Similar Properties

$570,000

3 Beds 1 Baths 975 SQFT

55 New London Avenue
Newark, DE 19711

John Welcome Photo
John Welcome
Welcome Home Realty
Broker
302.670.4092