An amazing addition to any rental portfolio to cap off 2022. This 3 Unit Building has had tenants in place for at least 4 years, with Unit 1 tenants being in place over 20 years! The length of occupancy and financials speak for themselves with this property. Public sewer and water are a plus, and maintenance is low with electric heat and individual cooling units. New windows permitted in 2022, New dormer siding, and New Gutters add to the viability of the building. Cash flow is king here, with a 2022 NOI of $24,661.76 don't miss out on this rare opportunity!
Sold for $200,000 on 01/05/23
$200,000
411 N Governors Ave, Dover, DE 19904
4beds
3baths
1,555sqft
Triplex
Built in 1939
-- sqft lot
$289,000 Zestimate®
$129/sqft
$1,680 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 06, 2023 at 02:54pm
Listed by:
Nicolas Ganley 302-612-0329,
Iron Valley Real Estate at The Beach
Bought with:
Jenna LaFermine, RS0036706
Burns & Ellis Realtors
Source: Bright MLS,MLS#: DEKT2016194
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Basement
- Area: 676
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,231
- Total interior livable area: 1,555 sqft
Property
Parking
- Parking features: Alley Access, Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Porch, Screened
- Pool features: None
- Frontage type: Road Frontage
Lot
- Size: 7,500 sqft
- Dimensions: 50.00 x 150.00
- Features: Front Yard, Level, Rear Yard
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: ED0506720036200000
- Zoning: RG1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Triplex
Materials
- Frame
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground
Community & neighborhood
Location
- Region: Dover
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Negotiable
- Ownership: Fee Simple
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$289,000
2% more+$5,780
With Zillow Showcase(estimated)$294,780