Listed By:
Crown Homes Real Estate
Address
127 E Cleveland Avenue, Newark, DE
Price
$ 6,630,000
Property Attributes
  • MLS#DENC2058638
  • TypeSingle Family
  • CountyNEW CASTLE
  • CityNewark
  • AreaNewark-Glasgow
  • NeighborhoodNewark
  • Zip19711
  • Style
  • Year Built1900
  • Taxes$ 1305
  • Price$ 6,630,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1475
  • Lot Size0.05 Acres
Data Source:
Bright MLS
Property Description

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.

Price History
3/29/2024 Listed $6,630,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Subject to Existing Lease
Zoning 18RM
Pool Y/N No Pool
Architectural Style Other
Construction Materials Frame,Brick
Year Built 1900
Levels 2
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Accessibility None
County NEW CASTLE
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name NEWARK
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions On Cleveland Ave
ModificationTimestamp 2024-03-28T15:23:06
City NEWARK
Buyer Agent Compensation 2
Senior Community Y/N No
MLS Area Newark/Glasgow (30905)
Lot Size Square Feet 2178.00
Tax Assessed Value 30000.0
Waterfront Y/N No
Street Name CLEVELAND
Tax Annual Amount 1305.0
Structure Type Detached
Condo/Coop Association Y/N No
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft 4494.92
Vacation Rental Y/N No
Total SQFT 1475
Days on Market 34
Standard Status Active
Year Built Source Assessor
Legal Subdivision NEWARK 18
Tax Lot 195
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Basement Partial
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1475
Full Baths 2
Street Suffix AVENUE
Central Air Y/N No
Total Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Laundry Type Basement
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Upper Levels 2
Bedrooms Count Upper Level 1 2
Bathrooms Full Upper Level 1 1
Bathrooms Full All Upper Levels 1
Bathrooms Count Upper Level 1 1.00
Bathrooms Count All Upper Levels 1
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N No
Lot Dimensions 15.00 x 141.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 4400.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 19711

Price
AVG $1.1M
$6.63M
Taxes
AVG $3,043
$1,305
Visits
AVG 373
2386
Data Provided by Inside Real Estate®
Year Built
AVG 1970
1900