7,492 Sqft Lot
7,492 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DEKT2044538
Year Built 1900
Available Date 2026-03-13
Annual Tax Amount $4,757
Tax Year 2025
Lot Size 7,492 Sqft
Acres 0.17
Lot Dimensions 0.17 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Tenants pay their own gas heat and electric. Owner pays water, sewer, trash, and central hot water.
Property has seen numerous recent improvements including updated windows, interior upgrades, select new kitchens, and recently installed flooring in most units. Hallways have been refreshed with new flooring and paint. Capital improvements include a new fire escape and some newer heating systems.
Strong in-place income with additional ancillary revenue and continued upside through future unit improvements and long-term rental demand in the Dover market. Ideal for investors seeking a stabilized asset with proven cash flow.
Location
State DE
County Kent
Area Capital (30802)
Zoning RG0
Interior
Hot Water Natural Gas
Cooling None
Flooring Hardwood, Luxury Vinyl Tile
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Utilities Available Natural Gas Available
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Lot Description Rear Yard
Foundation Block, Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Capital
Others
Tax ID ED-05-07705-04-2300-000
Ownership Fee Simple
Security Features Main Entrance Lock
Special Listing Condition Standard
