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115 E Cleveland Avenue

NEWARK, DE 19711
  • $570,000
  • STATUS: Active
  • ON SITE: 437 Days
  • MLS #: DENC527572
$570,000
  • 3
    BEDS
  • 0.05
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,375
    SQFT
  • $415
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1900
County:

School Ratings & Info

School District:

Description

***STUDENT HOUSING*** 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. This portfolio is being sold as all together. Seller will not break up properties. Price determined by income. Interested investors will be required to submit an NDA and proof of funds prior to any showings. We can provide tax returns and additional information with NDA. (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 $477671.00

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www.marylandshoreliving.com/homes/117715138
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115 E Cleveland Avenue NEWARK, DE 19711

  • Price: $570,000
  • Status: Active
  • On Site: 437 Days
  • MLS #: DENC527572
3
Beds
1
Baths
0
½ Baths
0.05
Acres
1,375
SQFT
$415
$/SQFT
1900
Built
Neighborhood:
Newark
County:
New Castle
Area:
Newark/Glasgow (30905)
School District:
Christina
Property Description
***STUDENT HOUSING*** 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. This portfolio is being sold as all together. Seller will not break up properties. Price determined by income. Interested investors will be required to submit an NDA and proof of funds prior to any showings. We can provide tax returns and additional information with NDA. (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 $477671.00
Exterior Features

Architectural Style Other Construction Materials BrickVinyl SidingAluminum Siding Garage YN No Other Structures Above GradeBelow Grade 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 1375 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 3 Upper Level1 Bedrooms 3

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 304626132175 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 1163.00 Tax Assessment Amount 27300.00 Tax Lot 185 Vacation Rental YN No Water Source Public Zoning 18RM

 
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