40 Commerce Street

    HARRINGTON, DE 19952
    • $1,600,000
    • STATUS: Active
    • ON SITE: 91 days
    • ID#: DEKT231414
    UPDATED: 35 min ago
    $1,600,000
    • 0
      BEDS
    • 0.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1910
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Property includes two apartment buildings for a total of 18 units includes DEKT231422 , 6 bay garage, a large separate garage, and another garage with an overhead 2 bedroom apartment that the sell is contingent on the present owner being able to rent back for a min of 15 years at an agreed price, a park that is the 2nd oldest American Legion site in the US, and includes a .4 acre lot in Milford on corner of James and Truitt (Tax ID MD-16-18305-01-0905-000). Includes a Audi A6, John Deere Tractor with snow plow, 1929 Model A car, a Bobcat/Skid Steer, and shed. One building has nine 2 bedroom apartments for $877 each, three 1-bedrooms rent for $677. The other building has six 2-bedroom apartments, rents vary. Property may qualify for Downtown Development District Plan and Historic District Incentives.

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-11-20T10:54:39.867.
    www.thedaileygroup.com/homes/98135786

    40 Commerce Street HARRINGTON, DE 19952

    • Price: $1,600,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: DEKT231414
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.55
    Acres
    1910
    Built
    Neighborhood:
    Lake Forest (30804)
    County:
    Kent
    Area:
    Lake Forest (30804)
    Elementary School:
    Lake Forest Central
    Middle School:
    W.T. Chipman
    High School:
    Lake Forest
    School District:
    Lake Forest
    Property Description
    Property includes two apartment buildings for a total of 18 units includes DEKT231422 , 6 bay garage, a large separate garage, and another garage with an overhead 2 bedroom apartment that the sell is contingent on the present owner being able to rent back for a min of 15 years at an agreed price, a park that is the 2nd oldest American Legion site in the US, and includes a .4 acre lot in Milford on corner of James and Truitt (Tax ID MD-16-18305-01-0905-000). Includes a Audi A6, John Deere Tractor with snow plow, 1929 Model A car, a Bobcat/Skid Steer, and shed. One building has nine 2 bedroom apartments for $877 each, three 1-bedrooms rent for $677. The other building has six 2-bedroom apartments, rents vary. Property may qualify for Downtown Development District Plan and Historic District Incentives.
    Exterior Features

    Construction Materials CombinationVinyl SidingAluminum Siding Direction Faces West Garage YN No Parking Types Parking Lot Property Condition Average+ Riparian Rights YN No Roof RubberMetal Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 0.00 Cooling Central A/C Heating Forced Air90% Forced Air Heating YN Yes Net Square Feet 33408.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features 2+ Access ExitsLevel Entry - MainOther Annual Gross Expense 45701.00 Assessment Year 2018 Association YN No Business Type Apartment BuildingHair Salon And Spa Central Air YN Yes Cooling Fuel Electric Cross Street Clark Street Electric 100 Amp Service Electric Expense 480.00 Entry Level 1 Foundation Details Block Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Insurance Expense 19620.00 Navigable Water YN N Net Operating Income 155582.00 New Construction YN No Number Of Units Total 6 Operating Expense Includes InsuranceSewerTrashWater Original MLSNumber 301940254990 Owner Pays SewerWaterSnow RemovalTrash Collection Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 4385.0 Tax Assessment Amount 113500.0 Tax Lot 4000-000 Total Actual Rent 165768.00 Trash Expense 3516.00 Utilities Cable TvElectric AvailablePhoneNatural Gas Available Vacation Rental YN No Water Source Public Zoning Na

    Listing courtesy of Keller Williams Realty Central-Delaware.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-11-20T10:54:39.867.
     
    The Dailey Group | Keller Williams Gateway
    8015 Corporate Drive, Suite C
    Baltimore MD, 21236