NOT LISTED FOR SALE
Studio
-- Bath
4,000 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: May 19, 2025

Last sale price $610,000 $152 Per Sq Ft

150 Days on Market

Highlights

  • 0.3 Acre Lot
  • Central Air
  • Heating System Uses Natural Gas
  • Traditional Architecture

About This Home

As of May 2025

Long term 5 unit apartment building in New Castle. Property fully rented, (1) 3 bedroom, (3) 2 bedroom & (1) 1 bedroom units. Tenants pay seperate heat, owner pays for water, sewer & trash. Plenty of parking, roof updated 5 years ago, combination of gas forced air units, electric baseboard and mini-split. Great corner lot, property generates $62K a year in income, great investment to add to your real estate portfolio. Owner is a licensed Delaware Realtor. Call today to view, please give 48 hour notice.

Last Agent to Sell the Property

Peter Meyer

(302) 994-9600 peter@meyerrealty.net Meyer & Meyer Realty License #RB-0003304 Listed on: 10/21/2024

Last Buyer's Agent

Sabri Thompson

(484) 406-3004 sabri@forakersales.com Foraker Realty Co. License #RS0025652

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,264

Year Built

  • Built in 1960

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 101.40 x 138.50

Parking

  • Parking Lot

Home Design

  • 4,000 Sq Ft Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 10-010.40-136

Community Details

Overview

  • 4 Units
  • Holloway Terrace Subdivision

Building Details

  • Trash Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,264

Year Built

Built in 1960

Lot Details

0.3 Acres

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: 5 stoves, 5 refrigerators
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Block
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 164.97
  • Above Grade Finished Sq Ft: 4000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.30
  • Lot Dimensions: 101.40 x 138.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Zoning: NC5
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3157.00
  • Tax Annual Amount: 4264.00
  • Assessor Parcel Number: 10-010.40-136
  • Tax Lot: 136
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Other Units: Unit 5

MLS Schools

  • School District Name: COLONIAL
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2025 05/19/25 Sold $610,000 -7.6% $153 / Sq Ft
05/09/2025 05/09/25 Price Changed $659,900 0.0% $165 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
02/08/2025 02/08/25 For Sale $659,900 0.0% $165 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
10/21/2024 10/21/24 For Sale $659,900 -- $165 / Sq Ft
Source: Bright MLS

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2070480

Bright MLS
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