$425,000
 $2,281 est/mo Sourced by Back At You

217-219 W Reed St,DOVER, DE 19904

DOVER, DE 19904

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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!"

Details

MLS#DEKT2036316
Listing TypeFor Sale
Building NameNONE AVAILABLE
Sub-TypeResale
StatusActive-bright
Year1900
Days On Site18
Listing Provided ByCentury 21 Gold Key Realty | Manthan Shah

Features

SQ Feet2,560
BasementY
Story(s)2
Units4
ZoningR
Acreage0.06
Water FrontYes

Market Activity 19904

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Listings Checked: 12 minutes ago
StateDE
CountyKENT DE
CityDOVER
Zip Code19904
AreaCapital (30802)
School DistrictCAPITAL
Listing VS Median (in 19904)
Price:
$425,000
low | high
Med:
$362,445
64.718823529412% of Average
SqFt:
2,560
low | high
Med:
1,831
78.49609375% of Average
$ / SqFt:
$166
low | high
Med:
$204
27.03374612337% of Average
On site:
18
low | high
Med:
50.000000
36% of Average
Sourced by Back At You
Listing Updated: April 25, 2025 at 8:05:00 PM PDT