• 127 E Cleveland Avenue NEWARK, DE 19711

  • $6,630,000
  • 2
    Bed(s)
  • 2.0
    Baths
  • 1,475
    Sq Ft
  • 2178
    Sqft

INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of funds Seller will show the property and give more information.

Property Type :

Residential

Subdivision :

Newark

County :

NEW CASTLE

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 2

Total Bedroom (Upper): 2

Bedroom Upper Level 1: 2

Bathroom Information

Total Baths: 2

Full Baths: 2

Laundry Source

Laundry Type : Basement

Water/Sewer

Water Source : Public

Interior Features

Basement Description: Partial

Heating & Cooling

Cooling: None

Heating: Forced Air

Cooling Fuel: None

Heating Fuel: Natural Gas

Building Information

Year Built: 1900

Structure: Detached

New Construction: No

Built: 1900

Construction Material: Frame,Brick

Foundation/Basement: Concrete Perimeter

Architecture: Other

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 2,178

Dimensions: 15.00 x 141.00

Lot Size (Acres): 0.05

Architectural Style: Other

Main Square Feet: 2,178

Property Information

SQ ft: 1,475

SQ ft (Living Area): 1,475

Total Lot SQ ft: 2,178

Subdivision: NEWARK

Appx. Lot Dimensions: 15.00 x 141.00

Total Acreage: 0.05

New Construction: No

Type: Other

Listing Information

Possession: Subject to Existing Lease

Days Of Market: 2

Tax Information

Annual Tax: $1,305

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Subject to Existing Lease

Assessment Information

Taxes Assessment Amount: $30,000

Parking Information

Parking Type: On Street

Has Garage: N

Homeowners Association Information

Direction: On Cleveland Ave

School Information

School District: CHRISTINA

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: None

Heating Fuel: Natural Gas

Hot Water: Natural Gas

Location Information

Direction: On Cleveland Ave

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Paper Mill Road , Newark, DE,19711 $450,000 -- -- 83,199 83199 Sqft
Land, Newark, DE,19711 $400,000 -- -- 126,760 126760 Sqft
304 Leahy Drive , Newark, DE,19711 $649,900 3 2.5 -- --
113 E Main Street #412, Newark, DE,19711 $569,000 3 3.0 -- --
102 Joshua Lane , Newark, DE,19711 $799,900 -- -- 99,317 99317 Sqft
363 Paper Mill Road , Newark, DE,19711 $524,999 6 3.0 1,375 19602 Sqft
302 Leahy Drive , Newark, DE,19711 $694,999 3 2.5 -- --
01A Leahy Drive , Newark, DE,19711 $663,900 3 2.5 -- --
02A Leahy Drive , Newark, DE,19711 $673,900 3 2.5 -- --
03A Leahy Drive , Newark, DE,19711 $694,900 3 3 -- --

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/27/2024 @ 10:55

MLS: DENC2058638
LISTED BY: Corey J Harris , Crown Homes Real Estate
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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