127 E CLEVELAND AVENUE, Newark, DE 19711

$6,630,000 Asking Price

2 beds
2 baths
1,475  sqft
Built in 1900

INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of funds Seller will show the property and give more information.

Features & Amenities

Interior

Laundry:
Basement
Basement:
Partial
A/C:
None
Heating:
Y, Forced Air, Natural Gas
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Other

Construction

General:
Frame,Brick, 2, Concrete Perimeter

Location

Originating MLS:
BRIGHT_MAIN
School District:
CHRISTINA
County:
NEW CASTLE

Lot

Zoning:
18RM, 18-014.00-195
Current Use:
0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Crown Homes Real Estate, Corey J Harris

About Newark, DE

Housing

Number of Units
56,629
Median Home Value
$274,952
Median Rent
$1,139

38.57% of housing units are renter occupied.

6.93% are vacant.

Commute

Car
70.05%
Public Transportation
1.65%
Walk to Work
2.87%
Work from Home
24.01%
Other
0.95%

The median travel time to work is 20 minutes.

People

Population
143,594
Median Age
36.30
Median Household Size
2.67

Education

High School
27.89%
Associate’s Degree
7.25%
Bachelor’s Degree
23.21%
Graduate Degree
16.63%

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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