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$400,000
Listing Price3beds
1baths
900sqft
47,916sqft lot
5771 Dupont Pkwy, Smyrna, DE 19977
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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, than
Interior Details
900
3
1
Has Heating:
Yes
Heating Type:
Hot Water
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Finished
Has Flooring:
No
Flooring Type:
Wood (unspecified)
Has Fireplace:
No
Fireplace Type:
N/A
Property Details
47916
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Bungalow
Wood
N/A
Hip
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
0
$0
$27,500
$12,000
--%
$39,500
2019
$913
$27,500
$12,000
--%
$39,500
2017
$870
$27,500
$12,000
--%
$39,500
2017
$870
$27,500
$12,000
--%
$39,500
2016
$880
$27,500
$12,000
--%
$39,500
2014
$837
$27,500
$12,000
--%
$39,500
2013
$766
$27,500
$12,000
--%
$39,500
2012
$737
$27,500
$12,000
--%
$39,500
Average Home Price in 19977
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Details for 5771 DUPONT PKWY
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Current Owner
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Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.