Dover, DE 19901,527-529 S STATE ST
Dover, DE 19901,527-529 S STATE ST
Dover, DE 19901,527-529 S STATE ST
11
$330,000
$349,000
5.4%
Est.Price: ?

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3,456 SqFt

527-529 S STATE ST Dover, DE 19901

Est. payment /mo
SOLD DATE : 11/12/2020

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Key Details

Sold Price $330,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 3,456 sqft

Price per Sqft $95

Subdivision None Available

MLS Listing ID DEKT241392

Sold Date 11/12/20

HOA Y/N N

Originating Board BRIGHT

Year Built 1766

Annual Tax Amount $1,968

Tax Year 2020

Lot Size 9,745 Sqft

Acres 0.22

Lot Dimensions 65.40 x 149.00

Property Description

This multi-family property is located on the corner of Elm Terrace and South State Street, just south of Water Street. The building is approximately 3,456 square feet, free ? standing, and currently used as multi-family. The main residence is the first floor, and there are two apartments on the second and third floors. Each are currently rented for $1500 per month including utilities. The main residence is occupied by the owner, but would rent for $1500 per month. The zoning permits alternative use as office. The building has been completely remodeled in the last four years. All units have separate electric, natural gas, and water/sewer meters. There is common laundry facilities in the basement. There were prior approvals for off-street parking, which was never installed.

Location

State DE

County Kent

Area Capital (30802)

Zoning RG0

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Window Unit(s)

Flooring Carpet, Hardwood, Vinyl

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Water Access N

View Park/Greenbelt, Street

Roof Type Asphalt,Pitched

Street Surface Black Top

Accessibility None

Road Frontage State

Total Parking Spaces 3

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools South Dover

Middle Schools Central

High Schools Dover H.S.

School District Capital

Others

Tax ID ED-05-07709-05-4700-000

Ownership Fee Simple

SqFt Source Assessor

Security Features Electric Alarm,Fire Detection System

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Philip McGinnis • McGinnis Commercial Real Estate
Bought with Faren Louise Brown • Linda Vista Real Estate

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agent

Hailey Helton

+1(703) 919-4664

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