Newark, DE 19702,28 S OLD BALTIMORE PIKE
Newark, DE 19702,28 S OLD BALTIMORE PIKE
Newark, DE 19702,28 S OLD BALTIMORE PIKE
20
$340,000
$330,000
3.0%
Est.Price: ?

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1,700 SqFt

28 S OLD BALTIMORE PIKE Newark, DE 19702

Est. payment /mo
SOLD DATE : 09/16/2024

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Key Details

Sold Price $340,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,700 sqft

Price per Sqft $200

MLS Listing ID DENC2064722

Sold Date 09/16/24

Style Colonial

Abv Grd Liv Area 1,700

Originating Board BRIGHT

Year Built 1866

Annual Tax Amount $723

Tax Year 2022

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 110.40 x 52.09

Property Description

Here's an amazing opportunity to own a fully renovated turn key multi-family property. This multi-family property is located centrally located in Newark, close to the Christiana hospital, Christiana mall, I-95, route 1, popular dining, shopping and more! This duplex and the duplex next door (32 Old Baltimore) can be purchased as a package for a total of $650,000. 32 Old Baltimore is being fully renovated to look just like 28 Old Baltimore. Unit B of 28 Old Baltimore is currently rented for $1,600 monthly. The estimated monthly income for both duplexes (all 4 units) is $5,700 with an expected monthly cash flow of $2,000 (this includes principle, interest, taxes and insurance for both properties at 25% down and current interest rates). Current rental and interest rates are to be verified by buyer/lender. Unit A has 1 bedroom and 1.5 bathrooms. Unit B has 2 bedrooms, a large bonus room, and 1.5 bathrooms.

Location

State DE

County New Castle

Area Newark/Glasgow (30905)

Zoning NC5

Rooms

Basement Full

Interior

Hot Water Other

Heating Other

Cooling Ductless/Mini-Split, Central A/C

Fireplace N

Heat Source Other

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Christina

Others

Tax ID 09-030.30-241

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Corey J Harris • Crown Homes Real Estate
Bought with Melody Davis • RE/MAX 1st Choice - Middletown

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Josh Heller

Owner | License ID: RS338767 / NMLS #2348781

+1(717) 200-4148

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