$400,000
↓ $25K (5.9%)
●
House -
For Sale
5771 DUPONT PKWY
SMYRNA, DE 19977
3 Beds
1 Bath
900 Sqft
$397,505
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Attention Investors! This remarkable 1.1-acre
commercial/residential property presents an exceptional opportunity
for success. Strategically located on the bustling Route 13, just
north of Smyrna, this property's prime location is the key to
unlocking its full potential.
At the heart of this property is a charming 900-square-foot home boasting three bedrooms, one bath, and a full basement but definitely needs some TLC. Currently rented on a month-to-month basis for $1,500 per month, this cozy residence offers a comfortable living space and a reliable source of income.
Complementing the residential unit is a spacious 680-square-foot garage equipped with an office and a bathroom, ideal for a dealership, automotive garage, lawn service.. lots of possibilities! The garage, featuring its own address, separate electric supply, and well, stands as a separate entity from the main house. It is currently leased for $1,800 per month with a five-year agreement with 20% yearly increase. This rental agreement guarantees a steady and increasing revenue stream for the next several years.
The income-generating potential of this property is truly remarkable. Both the home and the garage can be rented out individually, maximizing your return on investment. Alternatively, you have the option to occupy one unit and lease the other, allowing for convenient on-site management.
Situated on a large lot, this property offers excellent visibility and exposure for advertising products or services, thanks to the constant flow of traffic passing by on Route 13. The abundance of space also presents an exciting opportunity to expand the property by adding additional buildings or structures, further enhancing its income-generating potential.
This highly sought-after property is expected to attract significant interest from savvy investors. Act swiftly, as it won't remain on the market for long. With a reliable tenant already in place, kindly note that 24-hour notice is required for showings, without exceptions.
Don't miss out on this lucrative opportunity. With a current rental income of $3,300 per month and endless possibilities for expansion and profitability, this property is an ideal investment for those seeking a small business venture. Contact us today to secure your future success!
At the heart of this property is a charming 900-square-foot home boasting three bedrooms, one bath, and a full basement but definitely needs some TLC. Currently rented on a month-to-month basis for $1,500 per month, this cozy residence offers a comfortable living space and a reliable source of income.
Complementing the residential unit is a spacious 680-square-foot garage equipped with an office and a bathroom, ideal for a dealership, automotive garage, lawn service.. lots of possibilities! The garage, featuring its own address, separate electric supply, and well, stands as a separate entity from the main house. It is currently leased for $1,800 per month with a five-year agreement with 20% yearly increase. This rental agreement guarantees a steady and increasing revenue stream for the next several years.
The income-generating potential of this property is truly remarkable. Both the home and the garage can be rented out individually, maximizing your return on investment. Alternatively, you have the option to occupy one unit and lease the other, allowing for convenient on-site management.
Situated on a large lot, this property offers excellent visibility and exposure for advertising products or services, thanks to the constant flow of traffic passing by on Route 13. The abundance of space also presents an exciting opportunity to expand the property by adding additional buildings or structures, further enhancing its income-generating potential.
This highly sought-after property is expected to attract significant interest from savvy investors. Act swiftly, as it won't remain on the market for long. With a reliable tenant already in place, kindly note that 24-hour notice is required for showings, without exceptions.
Don't miss out on this lucrative opportunity. With a current rental income of $3,300 per month and endless possibilities for expansion and profitability, this property is an ideal investment for those seeking a small business venture. Contact us today to secure your future success!
Unit Size
900Ft²
Days on Market
364 days
Land Size
1.10 acres
Price per sqft
$444
Property Type
House
Property Taxes
$85
HOA Dues
-
Year Built
1945
Listed By
Last updated: 9 months ago (Bright MLS #DENC2044076)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 27, 2023 | Price Decreased |
$400,000
↓ $25K
(5.9%)
|
|
Price Decreased | |||
Jun 12, 2023 | Listed by EXP Realty, LLC | $425,000 | |
Listed by EXP Realty, LLC | |||
|
|||
Attention Investors! This remarkable 1.1-acre
commercial/residential property presents an exceptional opportunity
for success. Strategically located on the bustling Route 13, just
north of Smyrna, this property's prime location is the key to
unlocking its full potential. At the heart of this property is a
charming 900-square-foot home boasting three bedrooms, one bath,
and a full basement but definitely needs some TLC. Currently rented
on a month-to-month basis for $1,500 per month, this…
|
|||
Jun 25, 1993 | Sold to Karen M Johnson, Karl J Joh... | $79,900 | |
Sold to Karen M Johnson, Karl J Joh... |
Property Highlights
Air Conditioning
Parking Details
Parking Features: Driveway, Parking Lot
Interior Details
Bedroom Information
Bedrooms on Main Level: 3
Interior Information
Living Area Square Feet Source: Assessor
Room Information
Laundry Type: Basement
Basement Information
Has Basement
Unfinished
Percent of Basement Footprint: 100.0
Exterior Details
Property Information
Property Manager Present
Ownership Interest: Fee Simple
Property Condition: Average
Year Built Source: Assessor
Building Information
Foundation Details: Concrete Perimeter
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Construction Materials: Concrete
Pool Information
No Pool
Lot Information
Road Frontage
Tidal Water: N
Lot Size Dimensions: 200.00 x 240.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $39,500
Above Grade Information
Finished Square Feet: 900
Finished Square Feet Source: Assessor
Financial Details
County Tax: $319
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $39,500
Tax Year: 2022
Tax Annual Amount: $1,021
Year Assessed: 2022
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Hot Water, Space Heater
Cooling Fuel: Electric
Heating Fuel: None
Hot Water: 60+ Gallon Tank, Electric
Sewer Septic: On Site Septic
Water Source: Well
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
2
Beds
3
Baths
1,453 ft²
$248/ft²
$360,000
Mar 17, 2023
$360,000
Apr 20, 2023
-
Sold
House
4
Beds
2
Baths
1,728 ft²
$237/ft²
$410,000
Apr 15, 2023
$410,000
Jun 12, 2023
-