ATTENTION ALL INVESTORS!!
Rare opportunity to acquire a six-unit residential investment portfolio in Dover, Delaware, offered exclusively as one package. All six condominium units are currently rented and occupied by long-standing tenants, providing an established rental income stream from day one.
The portfolio currently generates $7,850 in gross monthly rental income, or $94,200 annually. Monthly condominium fees total $400, Community pool fee is $5 per use and property taxes are approximately $1,400 per unit annually, or $8,400 for the six-unit portfolio. These units are close to everything the Dover area has to offer and just a few minutes from Rt 1.
If you are looking to add to your investment portfolio, this is a great deal to review today!
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Listing Snapshot
Price
$725,000
Days On Site
6 Days
Bedrooms
3
Inside Area (SqFt)
1,177 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
N/A
Year Built
1978
MLS® Number
DEKT2050998
Status
Active
Property Tax
$553
HOA/Condo/Coop Fees
$385 monthly
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
3 days ago
Listing updated with changes from the MLS®
5 days ago
Status changed to Active
7 days ago
Listing first seen on site
General Features
Direction Faces
East
Levels
Three Or More
Parking
Parking Lot
Parking Spaces
2
Pets
Yes
Property Sub Type
Condominium
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1177
SqFt Total
1177
Style
Other
Utilities
Cable Available
Water Source
Public
Zoning
R
Interior Features
Appliances
Electric Water Heater
Cooling
Central AirElectric
Heating
ElectricForced Air
Main Level Bedrooms
3
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Exterior Features
Construction Details
BrickConcreteFrameGlass
Pool Features
Community
Community Features
Additional Association Fee
$385.0
Additional Association Fee Frequency
Monthly
Community Features
Pool
MLS Area
Capital (30802)
School District
CAPITAL
Schools
School District
CAPITAL
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Iron Valley Real Estate Premier
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