133 S MAIN STREET, SMYRNA, DE 19977 | MLS #DEKT2046468

Great Investment Opportunity in Smyrna! This property has 5 units. All of them are on their own heat, gas and electric meters. Gross annual rents $58,500.00. The property features 5 units, a lobby, basement, parking lot and street parking, front and rear entrances/exits and is in the downtown Smyrna area which is a great location. All units are on month to month leases and have had long term tenants/low turnover rates. Gross Yearly Rents: $58,500.00 Yearly fixed expenses: $7,027.00 (insurance and taxes)

Source: BRIGHT MLS, MLS#: DEKT2046468

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Property Type

Residential Income
Lot

0.24 acres

General

School Information

High School: SMYRNA

Income/Expenses

Existing Lease Type: Month to Month
Income Includes: Apartment Rentals
Net Operating Income: 51473.00
Operating Expense: 7027.00
Operating Expense Includes: Insurance

Listing Information

Real Estate Owned: No
Short Sale: No

Building Information

Building Name: NONE AVAILABLE
New Construction: No
Pool: No Pool
Total SQFT: 4374
Year Built: 1870

Location/Region

Country: US
County: KENT
County Or Parish: KENT
In City Limits: Yes
MLS Area Major: Smyrna (30801)

Parking Information

Total Parking Spaces: 8
Type of Parking: Parking Lot,Off Street

Tax Information

City/Town Tax: 37.22
City/Town Tax Payment Frequency: Annually
County Tax: 417.00
County Tax Payment Frequency: Annually
School Tax: 2605.00
Tax Annual Amount: $3,059.00
Tax Assessed Value: 729900.00
Tax Year: 2025

General Information

Exclusions: Tenants personal property
Property Condition: Good,Average
Property Sub Type: Other
Property Type: Multi-Family
Rent Control: No
School District Name: SMYRNA
Special Listing Conditions: Standard
Vacation Rental: No
Year Assessed: 2025
Zoning: DR

Interior

Building Information

Cooling Fuel: Electric
Heating Fuel: Natural Gas

Parking Information

Garage: No

Building Exterior/Construction

Structure Type: Twin/Semi-Detached

Building Interior

Above Grade Finished Area: 4374
Above Grade Finished Area Source: Assessor
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area: 0
Below Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Central Air: No
Hot Water: Natural Gas

General Information

Accessibility Features: None
Basement: No
Cooling: Multi Units
Fireplace: No
Foundation Details: Stone
Living Area: 4374
Living Area Source: Assessor
Spa: No
Stories Total: 4

Unit Information

One Bedroom Units Count: 3
Single Room Units Count: 0
Three Bedroom Units Count: 1
Two Bedroom Units Count: 1

Exterior

Parking Information

Parking Features: Crushed Stone, Free

Lot Information

Lot Dimensions Source: Assessor
Lot Size Acres: 0.24
Lot Size Dimensions: 66.50 x 157.48
Lot Size Source: Assessor
Lot Size Square Feet: 10454.00
Lot Size Units: Square Feet
Road Responsibility: City/County
Road Surface Type: Black Top
Water Source: Public

Waterfront/View

Water Oriented: No
Water View: No
Waterfront: No

Building Exterior/Construction

Architectural Style: Colonial
Construction Materials: Aluminum Siding

General Information

Number Of Units Leased: 5
Number Of Units Mo Mo: 5
Number Of Units Total: 4
Other Structures: Above Grade,Below Grade
Sewer: Public Sewer
Utilities: Cable TV Available,Natural Gas Available
Water Access: No

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Carla Wilson
Salesperson
Dover
Cell 302-233-1882

Median Age

39
Population Density

288
College Educated

33%
Estimated Median Income

$66,515
Estimated Total Home Owners

6,658
Estimated Total Renters

1,748
Owner / Renter Divide

79% / 21%
Estimated Average Household Size

3
Total Population

25,536
Community data courtesy of LiveBy, Inc.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 133 S MAIN STREET

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

Listing provided courtesy of Bryan Realty Group- MLS# DEKT2046468

Contact Information: 3027344414

Get in Contact

Success

Owning this Home

Life at 133 S MAIN STREET

Schools