DE > Dover
Dover, DE 19904,217-219 W REED ST
Dover, DE 19904,217-219 W REED ST
Dover, DE 19904,217-219 W REED ST
Dover, DE 19904,217-219 W REED ST
Dover, DE 19904,217-219 W REED ST
Dover, DE 19904,217-219 W REED ST
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Anitra Pope

Anitra Pope

+1(678) 829-7718
$ 425,000
Est. payment | /mo

2,560 SqFt

Save
$ 425,000
Est. payment | /mo
Save

2,560 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,560 sqft

Price per Sqft $166

MLS Listing ID DEKT2036316

Style Other

Abv Grd Liv Area 2,560

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $1,299

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 0.06 Acres

Property Sub-Type Quadruplex

Property Description

Introducing 217-219 W Reed St, a meticulously maintained turnkey property featuring four fully occupied 1-bedroom apartments . This investment opportunity offers immediate positive cash flow, with all four units rented and generating income from day one. The property's financials are straightforward: tenants are responsible for all utilities except water, which is covered by the owner.The rental income breakdown is as follows:- 219A: $1,302/month (includes all utilties), 219B: $925/month, 217A: $962/month, 217B: $893/month. Whether you're a seasoned investor or just starting out, this property presents a compelling opportunity for steady returns. With its hassle-free setup and existing tenants, 217-219 W Reed St is an attractive addition to any investment portfolio. Don't miss out on this chance to secure a profitable investment – inquire today!"

Location

State DE

County Kent

Area Capital (30802)

Zoning R

Rooms

Basement Other

Interior

Hot Water Propane

Heating Radiator

Cooling Window Unit(s)

Flooring Carpet, Vinyl

Fireplace N

Window Features Insulated

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Shingle

Accessibility None

Road Frontage Public

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Capital

Others

Tax ID ED-05-07705-03-300-0

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Manthan Shah • Century 21 Gold Key Realty

GET MORE INFORMATION

agent
Anitra Pope

Agent | License ID: 1646593

+1(678) 829-7718 | anitra@adprealtygroup.com

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217-219 W REED ST