40 S Governors Ave, Dover, DE 19904
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
40 S Governors Ave,Dover, DE 19904
$234,500
- 4 Beds
- - Baths
- 1,912 sq. ft.
- Multi-family
- Pending
Listed by: patricia r hawryluk
Office: tri-county realty
MLS#:DEKT2043248
Source:BRIGHTMLS
Price summary
- Price:$234,500
- Price per sq. ft.:$122.65
About this home
Opportunities like this one don't come knocking often! Incredible investment opportunity. This building has three total units. Perhaps you'd like to live in one and rent out the other two! You could just rent out all three! The units consist of an efficiency one bedroom and standard one bedroom on the first floor and the third apartment is a three bedroom on the second floor. Most recently these rented for $1050, $1110, and $1700 respectively. That's $3860 a month for a $250,000 investment! Brand new siding just installed. Current owner is working on filling with new tenants, but they are currently vacant. All metered separately. Huge parking lot behind the building for parking. Close to new family court, Del State facilities (formerly Wesley College), and lots of local conveniences. Schedule your showing today! Being sold as is, inspections are for informational purposes only.
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Home facts
- Year built:1900
- Listing ID #:DEKT2043248
- Added:100 day(s) ago
- Updated:March 31, 2026 at 07:32 AM
Rooms and interior
- Bedrooms:4
- Living area:1,912 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Roof:Pitched
- Year built:1900
- Building area:1,912 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Level, Rear Yard
- Construction Materials:Vinyl Siding
- Exterior Features:Sidewalks, Street Lights
- Foundation Description:Concrete Perimeter
Schools
- High school:DOVER
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$234,500
- Price per sq. ft.:$122.65
- Tax amount:$1,100 (2022)
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