Investment opportunity! You could live in the main house and rent the nine well maintained trailers, which rent from $650 - $725 per month each and the rent should be more. The 4-bedroom, 3 bath home was built in the late 1800s and is beaming with character; exposed beams, built in cabinets, magnificent staircase, brick basement. The main house also has a kitchen upstairs and exterior access, so it could potentially be divided again and rented separately. If rented as two separate units, they could rent for a total of $2300. Each trailer and the house are all billed individually for city electric and gas. The water, trash, and sewer are billed together and run $200-$300 per month. There is also a 24' x 24' pole barn on the property and an 18' x 36' in-ground pool that had a new liner and cover three years ago! This sales includes both ED-05-06818-01-4200-000 (705 Maple Parkway) and ED-05-06818-01-4300-000 (171 N Edgehill Avenue) for a total of 88,678 square feet (2.03 acres). Both parcels are zoned RM-2, medium density housing, therefore the parcels are suitable for apartments. The home and trailers are being sold as-is and no repairs will be made by the seller. Inspections are for informational purposes only.
- Price:
- $900,000
- Acreage:
- 1.51
- Year Built:
- 1880
- Listing ID #:
- DEKT2011512
- Street Address:
- 705 Maple Pkwy
- City:
- Dover
- State:
- Delaware
- Postal Code:
- 19901
- County:
- Kent
- Community:
- Capital (30802)
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
School District: Capital
- Flooring:
- Hardwood, Carpet, Ceramic Tile, Other
- Foundation:
- Brick/Mortar, Other
- Number Of Units:
- 9
- Type Of Roof:
- Shingle
- Year Built:
- 1880
- Year Built Source:
- Assessor
- Approximate Lot Size Range Source:
- Estimated
- Conforms To Zoning:
- Rm2
- Lot Description:
- 0.16 X 0.00
- Lot Features:
- Additional Lot(s)
- Lot Square Footage:
- 65775.60
- Road Type:
- Paved, Alley
- Zoning Description:
- Medium Density Housing
- Days On Market:
- 53
- Excluded:
- Tractor, Refrigerator In Main House Kitchen
- Included In Sale:
- 9 Trailers (1963 Remb.)
- On Market Date:
- 2022-06-15
- Originating Mls:
- Bright
- Special Conditions Of Sale:
- Standard
- Terms:
- Cash, Conventional
- In City Limits:
- Yes
- City Taxes:
- 1051.00
- County Taxes:
- 237.00
- Owner Pays:
- Common Area Maintenance, Lawn/Shrub Care, Trash Collection, Water, Sewer
- Price Per Square Foot:
- 322.35
- Property Taxes:
- $3,216
- Tax Year:
- 2021
- Parking Spaces:
- 15
- Parking Type:
- Driveway
- Existing Water:
- Public
- Heating:
- Baseboard - Hot Water
- Heating Fuel:
- Natural Gas
- Sewage Type:
- Public Sewer
- Water Heater:
- Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By First Class Properties
-
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