10 S Main St, Smyrna, DE 19977

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Sold Price
$395,000
List Price
$395,000
Closing Date
Sep 14, 2026
Status
CLOSED
MLS#
DEKT2047392
Living Area
4,704
Lot Size (Acres)
0.05
Style
Apartment
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)
Building Name
None Available
School District
Smyrna
Heating
Electric Baseboard
Cooling
Central Air
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Crown Homes Real Estate. Contact:

Selling Office: Crown Homes Real Estate.