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$ 599,000
Est. payment | /mo
3,049 Sqft Lot
$ 599,000
Est. payment | /mo
3,049 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Lot Size 3,049 Sqft
MLS Listing ID DEKT2044594
Total Units 4
Short Sale No
Originating MLS BRIGHT
Available Date 2026-02-27
Property Description
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 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.
Rents supported and currently at allowable maximum levels, offering 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.
Location
State DE
County Kent
Area Capital (30802)
Zoning C1A
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Flooring Fully Carpeted, Vinyl
Heat Source Oil
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Roof Type Pitched
Accessibility None
Parking Type On Street
Building
New Construction N
Foundation Crawl Space
Lot Dimensions 44.00 x 69.17
Sewer Public Sewer
Water Public
Schools
School District Capital
Others
Tax Amount $2,325
Tax Year 2025
Tax ID ED-05-07705-03-6000-000
Ownership Fee Simple
Special Sale Standard
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Listed by Steven Schmidt • RE/MAX Horizons
Nearby Locations
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