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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
3
Photos
6
beds
3
baths
1,075
sqft
Built in
1930
Attention all investors, are you looking for a cash cow? then this property is for you, welcome to 701 East Ave in New Castle; this large property seats on a large lot that may be subdivided(please check with county). Property is being used and rented as a rooming house consisting of 6 rooms and 3 full baths, plus there's a detached garage which was converted to a 2 bedroom 1bath apartment(now owner occupied) which was previously rented by the room, for a grand total of 8 rooms , each room rents for $600 per month. Property has two fronts and a large parking space for 9 cars. Appointment Only, Tenant occupied, 48 hour notice required Agent or Owner must be present. Call agent for full financials. Property sold AS-IS no repairs will be made by owner, inspections for information only.
Features & Amenities
Interior
- Basement:
- Fully Finished
- A/C:
- Central A/C
- Heating:
- Y, Central,Forced Air, Natural Gas
- Disability Feature:
- 2+ Access Exits
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Ranch/Rambler
Construction
- General:
- Vinyl Siding,Aluminum Siding, 2, Concrete Perimeter
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- COLONIAL
- County:
- NEW CASTLE
Lot
- Zoning:
- NC5, 10-010.40-288
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Concord Realty Group, Manuel M Alvarado
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About New Castle, DE
Housing
- Number of Units
- 23,877
- Median Home Value
- $202,648
- Median Rent
- $978
33.06% of housing units are renter occupied.
4.47% are vacant.
Commute
- Car
-
77.98%
- Public Transportation
-
2.61%
- Walk to Work
-
1.30%
- Work from Home
-
17.82%
- Other
-
0.28%
The median travel time to work is 23 minutes.
People
- Population
- 60,166
- Median Age
- 39.80
- Median Household Size
- 2.68
Education
- High School
-
43.24%
- Associate’s Degree
-
6.69%
- Bachelor’s Degree
-
12.01%
- Graduate Degree
-
9.12%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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