108 E Monroe Ave
NEW CASTLE, DE 19720

$2,200,000

Description

Great investor opportunity!! Whether you are a seasoned investor or a first time investor waiting for the perfect property to break into the investment scene. This well-maintained, easy to access 24 unit apartment complex is everything you need to start producing income right away. With so much to offer to both a prospective investor or prospective tenant. Located in the heart of New Castle, close to shopping, public transportation and best of all the I-95 Corridor. Not to mention a recently replaced roof, all new windows and two laundry areas with newer washers and dryers to meet your tenants every need. A visit to the property will clearly convey the true sense of Family and Community with a designated area for to play and tenants to stay for years to come. Don't Miss making the time to see everything this property has to offer. Add it to your viewing list today. Income and Expense reports available along with copies of current leases for serious inquiries only. Owners pay water, sewer and common area electric. Tenants responsible for electric heat pump which provides the heat and air conditioning. Listing agent also the property manager available for questions and showings.

Details

MLS#1001871728
StyleIndustrial
Sub-TypeResale
StatusActive
Year1944
Days On Site8

Features

SQ Feet10,800
Story(s)0
ZoningNC5

Market Activity 19720

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Area Information

StateDE
CityNEW CASTLE
Zip Code19720
AreaNew Castle/Red Lion/Del.City (30904)
Listing VS Median (in 19720)
Price:
$2,200,000
low | high
Med:
$199,920
100% of Average
SqFt:
10,800
low | high
Med:
1,688
100% of Average
$ / SqFt:
$204
low | high
Med:
$120
91.296538446047% of Average
On Site:
8
low | high
Med:
120.500000
6.639004149378% of Average
Listing Updated: 06/21/2018
MLS Number: 1001871728
Listing Provided By:
Michael Blaisdell  of  Mid-DEL Property Management

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