$525,000
$525,000
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7 Beds
3 Baths
3,029 SqFt
SOLD DATE : 10/23/2024
Key Details
Sold Price $525,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,029 sqft
Price per Sqft $173
Subdivision None Available
MLS Listing ID DEKT2030240
Sold Date 10/23/24
Style A-Frame
Bedrooms 7
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 3,029
Originating Board BRIGHT
Year Built 1860
Annual Tax Amount $1,285
Tax Year 2022
Lot Size 0.375 Acres
Acres 0.38
Lot Dimensions 75.33 x 211.74
Property Description
!! UNIQUE INVESTMENT OPPORTUNITY !!
Live on one side, rent out the other, and inherit an opportunity to add additional units.
This duplex has been fully remodeled and is move in / rent-out ready!
Upgrades include: New electrical, plumbing, drywall/insulation, windows, doors, roofs, siding, floors, brand new kitchens and bathrooms with high end appliances and granite countertops, and much more.
Currently sitting on a single parcel, there has already been subdivision plans drawn, submitted, and ready to move forward with; allowing the new owner(s) to turn this massive lot into 3 separate property’s --- provided a 3rd unit be built on the lot to the right of # 323. The massive garage in the back provides the potential (pending town approval) to add an Accessory Dwelling Unit and would transform this property into even more of a cash cow!! Located within Smyrna’s Downtown Re-Development District, investors are able to take advantage of the towns Re-Development Program and receive up to 20% back on any building expenses, truly making this deal a HOME RUN.
#321 features
Roughly 1,000 Sq Ft
3 Beds 1 Full Bath
Open floor plan
Screened in Porch
1 Car Garage
#323 Features
Roughly 2,000 SqFt
5 Beds 2 Full Baths
Open Floor Plan
3 car Garage
Don’t miss out!! Book your appointment today!!
Location
State DE
County Kent
Area Smyrna (30801)
Zoning R3
Rooms
Basement Unfinished
Main Level Bedrooms 1
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Ductless/Mini-Split
Fireplace N
Heat Source Electric
Exterior
Garage Oversized
Garage Spaces 4.0
Waterfront N
Water Access N
Accessibility Other
Parking Type Detached Garage
Total Parking Spaces 4
Garage Y
Building
Story 3
Foundation Block, Stone
Sewer Public Sewer
Water Other
Architectural Style A-Frame
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Smyrna
Others
Senior Community No
Tax ID DC-17-01017-03-4100-000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
Financing FHA,Cash,Conventional
Special Listing Condition Standard
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Bought with Rachel DiEmedio • Patterson-Schwartz-Hockessin
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "