3 Beds 1 Baths 975 SQFT

55 New London Avenue
Newark, DE 19711

Manel Hamblin
Welcome Home Realty
Property Manager
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 Count All Upper Levels3
Bedrooms Count Upper Level 13
Total Bedrooms3


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


Architectural StyleOther
Association Y/NNo
Condo/Coop Association Y/NNo
Construction MaterialsShingle Siding
Cool FuelNone
Days on Market23
Garage Y/NNo
HeatingForced Air
High School DistrictCHRISTINA
Legal SubdivisionBELL SUBD
MLS AreaNewark/Glasgow (30905)
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSubject to Existing Lease
Price Per Sq Ft584.62
Property TypeResidential
Senior Community Y/NNo
SewerPublic Sewer
Structure TypeEnd of Row/Townhouse
Subdivision NameNEWARK
Tax Annual Amount757.0
Tax Lot340
Tax Year2020
Vacation Rental Y/NNo
Water Access Y/NNo


Lot Dimensions25.40 x 192.10
Lot Size Acres0.10
Lot Size SourceAssessor
Lot Size Square Feet4356.00
Navigable Water Y/NNo
Off Street - # of Spaces2
Pool Y/NNo Pool
Total Parking Spaces2
Type of ParkingOff Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History


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


Similar Properties


3 Beds 1 Baths 975 SQFT

55 New London Avenue
Newark, DE 19711

Manel Hamblin
Welcome Home Realty
Property Manager