Homes for sale - 701 EAST AVE, New Castle, DE 19720

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$324,900

Est. payment - /mo

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6 BD

3 BA

1,075 SqFt

Price Dropped by $5K

701 EAST AVE New Castle, DE 19720

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Louis Chirgott

lou@coremaryland.com +1(410) 913-6636

UPDATED:

11/12/2024 03:14 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,075 sqft

Price per Sqft $302

Subdivision Holloway Terrace

MLS Listing ID DENC2071236

Style Ranch/Rambler

Bedrooms 6

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 1,075

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $1,110

Tax Year 2022

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 0.00 x 0.00

Property Description

Attention all investors, are you looking for a cash cow? then this property is for you, welcome to 701 East Ave in New Castle; this large property seats on a large lot that may be subdivided(please check with county). Property is being used and rented as a rooming house consisting of 6 rooms and 3 full baths, plus there's a detached garage which was converted to a 2 bedroom 1bath apartment(now owner occupied) which was previously rented by the room, for a grand total of 8 rooms , each room rents for $600 per month. Property has two fronts and a large parking space for 9 cars. Appointment Only, Tenant occupied, 48 hour notice required Agent or Owner must be present. Call agent for full financials. Property sold AS-IS no repairs will be made by owner, inspections for information only.

Location

State DE

County New Castle

Area New Castle/Red Lion/Del.City (30904)

Zoning NC5

Rooms

Basement Fully Finished

Main Level Bedrooms 2

Interior

Hot Water Electric, Natural Gas

Heating Central, Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 9.0

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 9

Garage N

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Colonial

Others

Senior Community No

Tax ID 10-010.40-288

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Listed by Manuel M Alvarado • Concord Realty Group

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Louis Chirgott

Team Leader | License ID: 622715

+1(410) 913-6636