217-219 W Reed St, Dover, DE 19904
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
217-219 W Reed St,Dover, DE 19904
$420,000
- 4 Beds
- - Baths
- 2,560 sq. ft.
- Multi-family
- Active
Listed by:manthan shah
Office:century 21 gold key realty
MLS#:DEKT2036316
Source:BRIGHTMLS
Price summary
- Price:$420,000
- Price per sq. ft.:$164.06
About this home
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!"
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Home facts
- Year built:1900
- Listing ID #:DEKT2036316
- Added:173 day(s) ago
- Updated:September 29, 2025 at 01:35 PM
Rooms and interior
- Bedrooms:4
- Living area:2,560 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Natural Gas, Radiator
Structure and exterior
- Roof:Shingle
- Year built:1900
- Building area:2,560 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$420,000
- Price per sq. ft.:$164.06
- Tax amount:$1,299 (2024)
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