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5771 Dupont Parkway

SMYRNA, DE 19977
  • $400,000
  • STATUS: Active
  • ON SITE: 259 Days
  • ID#: DENC2044076
UPDATED: 47 min ago
$400,000
  • 3
    BEDS
  • 1.1
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 900
    SQFT
  • $444
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1945
County:

School Ratings & Info

School District:

Description

Attention Investors! This remarkable 1.1-acre commercial/residential property presents an exceptional opportunity for success. Strategically located on the bustling Route 13, just north of Smyrna, this property's prime location is the key to unlocking its full potential.At the heart of this property is a charming 900-square-foot home boasting three bedrooms, one bath, and a full basement but definitely needs some TLC. Currently rented on a month-to-month basis for $1,500 per month, this cozy residence offers a comfortable living space and a reliable source of income.Complementing the residential unit is a spacious 680-square-foot garage equipped with an office and a bathroom, ideal for a dealership, automotive garage, lawn service.. lots of possibilities! The garage, featuring its own address, separate electric supply, and well, stands as a separate entity from the main house. It is currently leased for $1,800 per month with a five-year agreement with 20% yearly increase. This rental agreement guarantees a steady and increasing revenue stream for the next several years.The income-generating potential of this property is truly remarkable. Both the home and the garage can be rented out individually, maximizing your return on investment. Alternatively, you have the option to occupy one unit and lease the other, allowing for convenient on-site management.Situated on a large lot, this property offers excellent visibility and exposure for advertising products or services, thanks to the constant flow of traffic passing by on Route 13. The abundance of space also presents an exciting opportunity to expand the property by adding additional buildings or structures, further enhancing its income-generating potential.This highly sought-after property is expected to attract significant interest from savvy investors. Act swiftly, as it won't remain on the market for long. With a reliable tenant already in place, kindly note that 24-hour notice is required for showings, without exceptions.Don't miss out on this lucrative opportunity. With a current rental income of $3,300 per month and endless possibilities for expansion and profitability, this property is an ideal investment for those seeking a small business venture. Contact us today to secure your future success!

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©2024 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 accurate by the MLS or Long and Foster Real Estate. 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: 2024-02-23T19:53:28.403.
www.easternshorehomesolutions.com/homes/140414592
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5771 Dupont Parkway SMYRNA, DE 19977

  • Price: $400,000
  • Status: Active
  • On Site: 259 Days
  • Updated: 47 min ago
  • ID#: DENC2044076
3
Beds
1
Baths
0
½ Baths
1.1
Acres
900
SQFT
$444
$/SQFT
1945
Built
Neighborhood:
None Available
County:
New Castle
Area:
South Of The Canal (30907)
School District:
Smyrna
Property Description
Attention Investors! This remarkable 1.1-acre commercial/residential property presents an exceptional opportunity for success. Strategically located on the bustling Route 13, just north of Smyrna, this property's prime location is the key to unlocking its full potential.At the heart of this property is a charming 900-square-foot home boasting three bedrooms, one bath, and a full basement but definitely needs some TLC. Currently rented on a month-to-month basis for $1,500 per month, this cozy residence offers a comfortable living space and a reliable source of income.Complementing the residential unit is a spacious 680-square-foot garage equipped with an office and a bathroom, ideal for a dealership, automotive garage, lawn service.. lots of possibilities! The garage, featuring its own address, separate electric supply, and well, stands as a separate entity from the main house. It is currently leased for $1,800 per month with a five-year agreement with 20% yearly increase. This rental agreement guarantees a steady and increasing revenue stream for the next several years.The income-generating potential of this property is truly remarkable. Both the home and the garage can be rented out individually, maximizing your return on investment. Alternatively, you have the option to occupy one unit and lease the other, allowing for convenient on-site management.Situated on a large lot, this property offers excellent visibility and exposure for advertising products or services, thanks to the constant flow of traffic passing by on Route 13. The abundance of space also presents an exciting opportunity to expand the property by adding additional buildings or structures, further enhancing its income-generating potential.This highly sought-after property is expected to attract significant interest from savvy investors. Act swiftly, as it won't remain on the market for long. With a reliable tenant already in place, kindly note that 24-hour notice is required for showings, without exceptions.Don't miss out on this lucrative opportunity. With a current rental income of $3,300 per month and endless possibilities for expansion and profitability, this property is an ideal investment for those seeking a small business venture. Contact us today to secure your future success!
Exterior Features

Architectural Style Bungalow Construction Materials Concrete Garage YN No Lot Features Road Frontage Other Structures Garage(s) Parking Types DrivewayParking Lot Pool No Pool Property Condition Average Riparian Rights YN No Road Responsibility State Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 900 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Fireplace YN No Furnished No Heating Hot WaterSpace Heater Heating YN Yes Laundry Type Basement Levels 1.5 Main Level Bedrooms 3 Pets Allowed No Pet Restrictions Spa YN No

Property Features

Acceptable Financing Cash Accessibility Features 32"+ wide Doors Assessment Year 2022 Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Federal Flood Zone YN No Foundation Details Concrete Perimeter Heating Fuel None Historic YN No Horse YN No Hot Water 60+ Gallon TankElectric Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 802397148194 Ownership Interest Fee Simple Pets Allowed YN Yes Possession 0-30 Days CD31-60 Days CD Sale Type Standard Senior Community YN No Sewer On Site Septic Structure Design Type Detached Tax Annual Amount 1021.00 Tax Assessment Amount 39500.00 Tax Lot 008 Total Actual Rent 39600.00 Vacation Rental YN No Water Source Well Zoning CR Zoning Description Commercial/Residential

Listing courtesy of EXP Realty, LLC: .


©2024 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 accurate by the MLS or Long and Foster Real Estate. 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: 2024-02-23T19:53:28.403.
 
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