Fully stabilized 5-unit investment opportunity in the heart of Downtown Dover. All units recently leased within the past two months, providing immediate, reliable cash flow. Four of the five units have been refreshed/updated, reducing near-term capital needs for a new owner. Rents supported and currently at allowable maximum levels, offering… Read More strong and consistent income performance. Tenants pay their own utilities, keeping operating expenses low. Property is located within the Downtown Dover revitalization area with ongoing investment, redevelopment, and long-term growth potential nearby. Zoned C-1A, allowing flexible mixed-use possibilities including office, or small commercial applications Turnkey, stabilized rental with strong cap rate potential and minimal vacancy risk. Read Less
Courtesy of Steven B. Schmidt, RE/MAX Horizons 302-678-4300
Listing Snapshot
Days Online
0
Last Updated
Property Type
Single Family Residential
Square Ft.
3,432
Lot Size
0.07 Acres
Year Built
1900
MLS Number
DEKT2044364
Additional Details
Basement
Dirt Floor
Building
Built in 1900, Living area: 3432, Construction Materials: Vinyl Siding
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