1. Delaware
  2. Dover
  3. 217-219 W REED STREET
$420,000

217-219 W REED STREET, Dover, DE 19904

  • 2,560 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $164/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Introducing 217-219 W Reed St, a meticulously maintained turnkey property featuring four fully occupied 1-bedroom apartments . This investment opportunity offers immediate positive cash flow, with all four units rented and generating income from day one. The property's financials are straightforward: tenants are responsible for all utilities except water, which is covered by the owner.The rental income breakdown is as follows:- 219A: $1,302/month (includes all utilties), 219B: $925/month, 217A: $962/month, 217B: $893/month. Whether you're a seasoned investor or just starting out, this property presents a compelling opportunity for steady returns. With its hassle-free setup and existing tenants, 217-219 W Reed St is an attractive addition to any investment portfolio. Don't miss out on this chance to secure a profitable investment – inquire today!"

Listing Status:
Active
Date Added:
April 8, 2025 at 05:00AM
Listing Office:
Century 21 Gold Key Realty : 3023695397
Listing Agent:
Manthan Shah : 9736260325
MLS ID:
DEKT2036316
  • Basement: Other
  • Flooring: CarpetVinyl
  • A/C: Window Unit(s)
  • Heating: YRadiatorNatural Gas
  • Disability Feature: None

This listing courtesy of Manthan Shah, Century 21 Gold Key Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Booker T. Washington Elementary School

901 Forest St, Dover, DE, 19904

Grades KG-4

0.57 miles away

C

Central Middle School

211 Delaware Ave, Dover, DE, 19901

Grades 7-8

0.45 miles away

K

Kent County Secondary Ilc

631 Ridgely St Ste 19, Dover, DE, 19904

Grades 6-12

0.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.