Multi-Family For Sale > BOYLES STATE STREET PROPERTY-527-529 S State St, Dover, DE 19901

BOYLES STATE STREET PROPERTY-527-529 South State Street, Dover, Kent County DE 19901

BOYLES PROPERTY FRONT WEST VIEW
BOYLES PROPERTY FRONT WEST VIEW
BOYLES PROPERTY FRONT WEST VIEW
BOYLES PROPERTY FRONT WEST VIEW THROUGH CORNER
BOYLES PROPERTY BUILDING PERIMETER
BOYLES PROPERTY AERIAL VIEW
BOYLES PROPERTY TAX MAP
BOYLES PROPERTY ZONING MAP
BOYLES PROPERTY MARKET AREA MAP
BOYLES PROPERTY FRONT WEST & SOUTH SIDE VIEW
BOYLES PROPERTY REAR EAST VIEW
BOYLES PROPERTY SIDE SOUTH VIEW

PROPERTY NAME

BOYLES STATE STREET PROPERTY

PRICE

$349,000 * $101 +/- PER SQUARE FOOT

ADDRESS

527-529 SOUTH STATE STREET
DOVER, KENT COUNTY, DELAWARE 19901

PROPERTY TYPE

MULTI-FAMILY/OFFICE PROPERTY

ALTERNATIVE USES

GENERAL OFFICE

BUILDING AREA

3,456 +/- SQ FT

PARKING

ON – SITE PARKING AVAILABLE

ZONING

RGO, GROUP RESIDENTIAL & OFFICE,
CITY OF DOVER

TAX MAP

ED05 – 077.09 - 05 – 47.00 - 00001

SCHOOL DISTRICT

CAPITOL

FIRST FLOOR RESIDENCE

#529 : TWO BR, FIVE ROOMS, ONE BATH
PROJECTED RENT $1,500 / MO + UTILITIES
SEPARATE ELECTRIC, GAS, SEWER METERS

SECOND FLOOR APARTMENT A

#527A : THREE BR, FIVE ROOMS, ONE BATH
CURRENTLY RENTS $1,500 / MO + UTILITIES
SEPARATE ELECTRIC, GAS, SEWER METERS

SECOND FLOOR APARTMENT B

#527B: THREE BR, FIVE ROOMS, ONE BATH
CURRENTLY RENTS $1,500 / MO + UTILITIES
SEPARATE ELECTRIC, GAS, SEWER METERS

CITY TAX ASSESSMENT

$298,200 * $86 +/- PER SQ FT

CITY TAX RATE

$0.405 / $100

CITY PROPERTY TAXES

$1,210 +/- * $0.35 +/- PER SQ FT

COUNTY TAX ASSESSMENT

$44,800 * $13 +/- PER SQ FT

COUNTY TAX RATE

$2.6475 / $100

COUNTY PROPERTY TAXES

$1,200 +/- * $0.34 +/- PER SQ FT

PROPERTY DESCRIPTION : This multi-family property is located on the corner of Elm Terrace and South State Street, just south of Water Street. The building is approximately 3,456 square feet, free – standing, and currently used as multi-family. The main residence is the first floor, and there are two apartments on the second and third floors. Each are currently rented for $1500 per month plus utilities. The main residence is occupied by the owner, but would rent for $1500 per month. The zoning permits alternative use as office. The building has been completely remodeled in the last four years. All units have separate electric, natural gas, and water/sewer meters. There is common laundry facilities in the basement. There were prior approvals for off-street parking, which was never installed.

Phil McGinnis, CCIM, GAA, ACoM, ALC, e-PRO

 

Office :

(302) 736 - 1538

Cell :

(302) 270 - 0656

Fax :

(302) 736 - 2715

Email:

pjm@mcginnisrealty.com

ALL INFORMATION SUBMITTED SUBJECT TO ERRORS AND MODIFICATIONS. ALL INFORMATION CONTAINED HEREIN OBTAINED FROM RELIABLE SOURCES BUT NOT GUARANTEED. PROSPECTIVE PURCHASERS SHOULD VERIFY ALL INFORMATION SUBMITTED. LISTING BROKERAGE REPRESENTS SELLER.

 

555 East Loockerman St. Dover, Delaware 19901 • Phone:302.736.2710 Fax: 302.736.2715
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