• 5771 Dupont Parkway SMYRNA, DE 19977

  • $400,000
  • 3
    Bed(s)
  • 1.0
    Baths
  • 900
    Sq Ft
  • 47916
    Sqft

Attention Investors! This remarkable 1.1-acre commercial/residential property presents an exceptional opportunity for success. Strategically located on the bustling Route 13, just north of Smyrna, this property's prime location is the key to unlocking its full potential. At the heart of this property is a charming 900-square-foot home boasting three bedrooms, one bath, and a full basement but definitely needs some TLC. Currently rented on a month-to-month basis for $1,500 per month, this cozy residence offers a comfortable living space and a reliable source of income. Complementing the residential unit is a spacious 680-square-foot garage equipped with an office and a bathroom, ideal for a dealership, automotive garage, lawn service.. lots of possibilities! The garage, featuring its own address, separate electric supply, and well, stands as a separate entity from the main house. It is currently leased for $1,800 per month with a five-year agreement with 20% yearly increase. This rental agreement guarantees a steady and increasing revenue stream for the next several years. The income-generating potential of this property is truly remarkable. Both the home and the garage can be rented out individually, maximizing your return on investment. Alternatively, you have the option to occupy one unit and lease the other, allowing for convenient on-site management. Situated on a large lot, this property offers excellent visibility and exposure for advertising products or services, thanks to the constant flow of traffic passing by on Route 13. The abundance of space also presents an exciting opportunity to expand the property by adding additional buildings or structures, further enhancing its income-generating potential. This highly sought-after property is expected to attract significant interest from savvy investors. Act swiftly, as it won't remain on the market for long. With a reliable tenant already in place, kindly note that 24-hour notice is required for showings, without exceptions. Don't miss out on this lucrative opportunity. With a current rental income of $3,300 per month and endless possibilities for expansion and profitability, this property is an ideal investment for those seeking a small business venture. Contact us today to secure your future success!

Property Type :

Residential

Subdivision :

None Available

County :

NEW CASTLE

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Master Bedroom Level: 3

Bathroom Information

Total Baths: 1

Full Baths: 1

Laundry Source

Laundry Type : Basement

Water/Sewer

Water Source : Well

Interior Features

Basement Description: Unfinished

Heating & Cooling

Cooling: Window Unit(s)

Heating: Hot Water,Space Heater

Cooling Fuel: Electric

Heating Fuel: None

Building Information

Year Built: 1945

Structure: Detached

New Construction: No

Built: 1945

Construction Material: Concrete

Foundation/Basement: Concrete Perimeter

Architecture: Bungalow

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: On Site Septic

Water

Water Heat: 60+ Gallon Tank,Electric

Lot Information

Lot Size: 47,916

Dimensions: 200.00 x 240.00

Lot Size (Acres): 1.10

Architectural Style: Bungalow

Main Square Feet: 47,916

Property Information

SQ ft: 900

SQ ft (Living Area): 900

Total Lot SQ ft: 47,916

Subdivision: NONE AVAILABLE

Financing: Cash

Appx. Lot Dimensions: 200.00 x 240.00

Total Acreage: 1.10

New Construction: No

Type: Bungalow

Listing Information

Possession: 0-30 Days CD,31-60 Days CD

Days Of Market: 268

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $1,021

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

0-30 Days CD,31-60 Days CD

Assessment Information

Taxes Assessment Amount: $39,500

Parking Information

Parking Type: Driveway,Parking Lot

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash

Road Frontage Length: 200

Homeowners Association Information

Direction: Right on 13.

School Information

School District: SMYRNA

Utility Information

Water Source: Well

Sewer: On Site Septic

Cooling Fuel: Electric

Heating Fuel: None

Hot Water: 60+ Gallon Tank,Electric

Location Information

Direction: Right on 13.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
211 Arrowood Drive #7, Smyrna, DE,19977 $492,900 4 2.5 -- 10890 Sqft
33 Seldon Drive #SASSA.., Smyrna, DE,19977 $519,000 3 2.0 -- 21780 Sqft
33 Seldon Drive #GREEN.., Smyrna, DE,19977 $559,000 4 2.5 -- 21780 Sqft
33 Seldon Drive #EDEN, Smyrna, DE,19977 $569,000 4 2.5 -- 21780 Sqft
00 Felix View Court #A.., Smyrna, DE,19977 $392,000 2 2.0 -- 4356 Sqft
00 Felix View Court #B.., Smyrna, DE,19977 $382,000 2 2.0 -- 4356 Sqft
00 Felix View Court #B.., Smyrna, DE,19977 $395,000 2 2.0 -- 5300 Sqft
00 Felix View Court #B.., Smyrna, DE,19977 $402,000 3 2.0 -- 4792 Sqft
00 Felix View Court #A.., Smyrna, DE,19977 $406,000 2 2.0 -- 4792 Sqft
33 Seldon Drive #OXFORD, Smyrna, DE,19977 $538,000 4 2.5 -- 21780 Sqft

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 05/04/2024 @ 06:05

MLS: DENC2044076
LISTED BY: Karim Mozher , EXP Realty, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
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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