10 S Main St, Smyrna, DE 19977
- $395,000
- 4,704
- SqFt
- List Price
- $395,000
- Price Change
- ▼ $24,000 1786926391
- Days on Market
- 87
- Status
- PENDING
- MLS#
- DEKT2047392
- Living Area
- 4,704
- Lot Size (Acres)
- 0.05
- Style
- Unit/Flat
- Year Built
- 1900
- County
- Kent
- School District
- Smyrna
Property Description
4 units. 1 retail. 3 apartments. Building is 100% leased up and occupied. Ground floor is a barber shop. "House of Cuts" 3 1/1 apartments above. Each unit is separately metered. Tenants pay for own utilities. 80k of renovations want into the building within past 2 years to include a new roof, stucco, hot water heaters, flooring. Building qualifies for additional grants through the historic district of Town of Smyrna. All permits and inspections completed. Building is bringing $3,750.00 in rent. These rents are below market by about 25%. Leases expire in January. There is a value-add opportunity as there is an unused laundry area that can easily be restored to increase the value of the property. Contact listing agent for a showing.
Additional Information
- Area
- Smyrna (30801)
- Taxes
- $1767
- School District
- Smyrna
- Heating
- Baseboard - Electric
- Heating Fuel
- Electric
- Cooling
- Central A/C
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Crown Homes Real Estate. Contact: (302) 504-6147