Multi-Family $ 475,000

12 S STATE ST

Dover, DE 19901

  • 3,220 SqFt
  • 7,318 Lot Size
  • 1900 Year Built
Well-maintained quadplex investment opportunity featuring four 1 bed / 1 bath units, all currently occupied with tenants in place. Each unit is separately metered for electric, allowing tenants to pay their own electric utilities and helping reduce owner expenses. Owner currently pays water. Property also includes an on-site laundry room for tenant convenience. Strong income-producing property with consistent rental demand and solid investment potential.
Listed by Phoenix Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Detached

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 220 sqft

    Price per Sqft $147

    MLS Listing ID DEKT2047086

    Style Colonial

    Abv Grd Liv Area 3,220

    Year Built 1900

    Annual Tax Amount $2,048

    Tax Year 2025

    Lot Size 7,318 Sqft

    Acres 0.17

    Lot Dimensions 44.40 x 150.00

    Property Sub-Type Detached

    Source BRIGHT

  • Location

    State DE

    County Kent

    Area Capital (30802)

    Zoning RG0

  • Rooms

    Basement Full

  • Building

    Foundation Other

    Above Ground Finished SqFt 3220

    Sewer Public Sewer

    Water Public

    Architectural Style Colonial

    Additional Building Above Grade, Below Grade

    New Construction N

  • Interior

    Hot Water Electric

    Heating Baseboard - Electric

    Cooling Wall Unit

    Inclusions All appliances and fixtures located at the property in AS IS condition.

    Fireplace N

    Heat Source Electric

  • Exterior

    Garage Spaces 4.0

    Water Access N

    Accessibility None

    Total Parking Spaces 4

    Garage N

  • Schools

    High Schools Dover

    School District Capital

  • Others

    Tax ID ED-05-07705-04-2600-000

    Ownership Fee Simple

    SqFt Source 3220

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Financing Cash,Conventional

    Special Listing Condition Standard

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