Skip To Content

115-1/2 E Cleveland Avenue

NEWARK, DE 19711
  • $570,000
  • STATUS: Active
  • ON SITE: 441 Days
  • MLS #: DENC527574
$570,000
  • 2
    BEDS
  • 0.05
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,425
    SQFT
  • $400
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1900
County:

School Ratings & Info

School District:

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 little Bob Carpenter Sports Center, approx. parallel to 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 portfolio 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

Monthly Payment Calculator

www.marylandshoreliving.com/homes/117715139
Print Image

115-1/2 E Cleveland Avenue NEWARK, DE 19711

  • Price: $570,000
  • Status: Active
  • On Site: 441 Days
  • MLS #: DENC527574
2
Beds
1
Baths
0
½ Baths
0.05
Acres
1,425
SQFT
$400
$/SQFT
1900
Built
Neighborhood:
Newark
County:
New Castle
Area:
Newark/Glasgow (30905)
School District:
Christina
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 little Bob Carpenter Sports Center, approx. parallel to 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 portfolio 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
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Features Gravel Driveway Parking Types Off Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1425 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Forced Air Heating YN Yes Laundry Type Basement Levels 2 Upper Level1 Bedrooms 2

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Condo YN No Cooling Fuel None Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Original MLSNumber 304626144355 Ownership Interest Fee Simple Possession Subject To Existing Lease Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1095.00 Tax Assessment Amount 25700.00 Tax Lot 186 Vacation Rental YN No Water Source Public Zoning 18RM

 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304626144355-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304626144355-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304626144355-2.jpg
Logo
Maryland Shore Living | Benson & Mangold Real Estate
31 Goldsborough Street
Easton MD, 21601