Listed By:
Crown Homes Real Estate
55 New London Avenue, Newark, DE
$ 6,630,000
Property Attributes
  • MLS#DENC2058646
  • TypeTownhouse
  • CountyNEW CASTLE
  • CityNewark
  • AreaNewark-Glasgow
  • NeighborhoodNewark
  • Zip19711
  • Style
  • Year Built1920
  • Taxes$ 792
  • Price$ 6,630,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage975
  • Lot Size0.1 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 Shingle Siding
Year Built 1920
Levels 3
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Accessibility None
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
Directions On New London Ave
ModificationTimestamp 2024-03-28T15:23:03
Buyer Agent Compensation 2
Senior Community Y/N No
MLS Area Newark/Glasgow (30905)
Lot Size Square Feet 4356.00
Tax Assessed Value 18200.0
Waterfront Y/N No
Street Name NEW LONDON
Tax Annual Amount 792.0
Structure Type End of Row/Townhouse
Condo/Coop Association Y/N No
Price Per Sq Ft 6800.0
Vacation Rental Y/N No
Total SQFT 975
Days on Market 34
Standard Status Active
Year Built Source Assessor
Legal Subdivision BELL SUBD
Tax Lot 340
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Basement Full
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 975
Full Baths 1
Street Suffix AVENUE
Central Air Y/N No
Total Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Upper Levels 3
Bedrooms Count Upper Level 1 3
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 1

Exterior Features

Water Source Public
Type of Parking Off Street
Foundation Details Brick/Mortar,Concrete Perimeter
Water View Y/N No
Lot Dimensions 25.40 x 192.10
Lot Size Acres 0.10
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 3200.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor


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

Property vs Townhouse Average in 19711

AVG $2.47M
AVG $1,758
AVG 388
Data Provided by Inside Real Estate®
Year Built
AVG 1977