Great investment opportunity! This 4 bedroom 2 full bath home located in the heart of downtown Newark with walkability to University of Delaware awaits you! Permitted for 4 occupants and is fully rented with 4 leases through May of 2025 (leases available upon request). Annual income is $35, 100 with landlord paying all utilities to include internet. Welcoming front porch adds to the curb appeal. Property is in good condition featuring a newer hot water heater and gas heater in 2023. Spacious driveway in rear of home recently added. Washer and dryer are located in the walk out basement for tenant convenience. Superb location three blocks to Main Street, walk to campus, and nearby local attractions. Close to all public transportation and I95.
Property Features
Bedrooms
- Bedrooms: 4
- Bedroom 1 Level: Upper 1
- Bedroom 2 Level: Upper 1
- Bedroom 3 Level: Upper 1
- Bedroom 4 Level: Main
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Forced Air
- Heating: Yes
Kitchen and Dining
Other Rooms
Land Info
- Lot Size Acres: 0.0800046
- Lot Size Square Feet: 3485
Garage and Parking
- Parking Features: On Street
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- School District: CHRISTINA
Other Property Info
- Annual Tax Amount: 1875.0
- Source Listing Status: Active
- County: NEW CASTLE
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: NEW CASTLE
- Property Subtype: townhouse
- Postal Code Plus 4: 3701
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1075
- Year Built: 1900
- Above Grade Finished Area: 1075
- Construction Materials: Brick, Vinyl Siding, Aluminum Siding
- Property Age: 124
- Levels or Stories: 2
- Structure Type: Twin/Semi-Detached
- House Style: Traditional
- Total Area Sqft: 1075