Address
5771 Dupont Parkway, Smyrna, DE
Price
$ 400,000
Property Attributes
- MLS#DENC2044076
- TypeSingle Family
- CountyNEW CASTLE
- CitySmyrna
- AreaSouth Of The Canal
- Zip19977
- StyleBungalow
- Year Built1945
- Taxes$ 1021
- Price$ 400,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage900
- Lot Size1.1 Acres
Data Source:
Bright MLS
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!
| Price History | |
|---|---|
| 6/9/2023 | Listed $425,000 |
| 9/26/2023 | 6% - $400,000 |
General Features
| Sewer | On Site Septic |
|---|---|
| Heating | Hot Water,Space Heater |
| Cooling | Window Unit(s) |
| Possession | 0-30 Days CD,31-60 Days CD |
| Zoning | CR |
| Pool Y/N | No Pool |
| Architectural Style | Bungalow |
| Construction Materials | Concrete |
| Year Built | 1945 |
| Levels | 1.5 |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | 32 + wide Doors |
| County | NEW CASTLE |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | NONE AVAILABLE |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | Right on 13. |
| ModificationTimestamp | 2024-03-05T13:07:47 |
| City | SMYRNA |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Prop Disclosure,Radon,Lead Based Paint - Federal |
| Senior Community Y/N | No |
| Zoning Description | Commercial/Residential |
| MLS Area | South Of The Canal (30907) |
| Lot Size Square Feet | 47916.00 |
| Tax Assessed Value | 39500.0 |
| Waterfront Y/N | No |
| Street Name | DUPONT |
| Tax Annual Amount | 1021.0 |
| Home Warranty Y/N | No |
| Property Condition | Average |
| Structure Type | Detached |
| Condo/Coop Association Y/N | No |
| Bathrooms Full Main Level | 1 |
| Bathrooms Count Main Level | 1.00 |
| Price Per Sq Ft | 444.44 |
| Acceptable Financing | Cash |
| Additional Parcels Y/N | No |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 900 |
| Days on Market | 324 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 008 |
| Total Actual Rent | 39600.00 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | None |
|---|---|
| Basement | Unfinished |
| Hot Water | 60+ Gallon Tank,Electric |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 900 |
| Full Baths | 1 |
| Street Suffix | PARKWAY |
| Central Air Y/N | No |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Laundry Type | Basement |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT Source | Assessor |
| Below Grade Finished Area Source | Assessor |
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 1 |
Exterior Features
| Lot Features | Road Frontage |
|---|---|
| Water Source | Well |
| Type of Parking | Driveway,Parking Lot |
| Foundation Details | Concrete Perimeter |
| Spa | No |
| Water View Y/N | No |
| Lot Dimensions | 200.00 x 240.00 |
| Lot Size Acres | 1.10 |
| Road Frontage Length | 200 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Road Responsibility | State |
| Horse Y/N | No |
| Land Assessed Value | 27500.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 19977
Price
Taxes
Visits
Year Built
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