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Connie Trujillo

[email protected] +1(410) 507-8019

Listed by Manthan Shah • Century 21 Gold Key Realty

$ 425,000

Est. payment -/mo

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Active

217-219 W REED ST Dover, DE 19904

2,560 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,560 sqft

Price per Sqft $166

MLS Listing ID DEKT2036316

Style Other

Abv Grd Liv Area 2,560

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $1,299

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 0.06 Acres

Property Sub-Type Quadruplex

Property Description

Introducing 217-219 W Reed St, a meticulously maintained turnkey property featuring four fully occupied 1-bedroom apartments . This investment opportunity offers immediate positive cash flow, with all four units rented and generating income from day one. The property's financials are straightforward: tenants are responsible for all utilities except water, which is covered by the owner.The rental income breakdown is as follows:- 219A: $1,302/month (includes all utilties), 219B: $925/month, 217A: $962/month, 217B: $893/month. Whether you're a seasoned investor or just starting out, this property presents a compelling opportunity for steady returns. With its hassle-free setup and existing tenants, 217-219 W Reed St is an attractive addition to any investment portfolio. Don't miss out on this chance to secure a profitable investment – inquire today!"

Location

State DE

County Kent

Area Capital (30802)

Zoning R

Rooms

Basement Other

Interior

Hot Water Propane

Heating Radiator

Cooling Window Unit(s)

Flooring Carpet, Vinyl

Fireplace N

Window Features Insulated

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Shingle

Accessibility None

Road Frontage Public

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Capital

Others

Tax ID ED-05-07705-03-3000-000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Connie Trujillo

Advisor | License ID: 659703

+1(410) 507-8019

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