40 S Governors Ave, Dover, DE 19904

Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
40 S Governors Ave,Dover, DE 19904
$250,000
  • 4 Beds
  • - Baths
  • 1,912 sq. ft.
  • Multi-family
  • Active
Listed by: patricia r hawryluk
Office: tri-county realty
MLS#:DEKT2043248
Source:BRIGHTMLS

Price summary

  • Price:$250,000
  • Price per sq. ft.:$130.75

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!

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Home facts

  • Year built:1900
  • Listing ID #:DEKT2043248
  • Added:9 day(s) ago
  • Updated:December 30, 2025 at 02:30 PM

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

Schools

  • High school:DOVER

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$130.75
  • Tax amount:$1,100 (2022)

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