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PROPERTY NAME
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KOCH BRADFORD ST APTS PROPERTY
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PRICE
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$249,000 * $62,250 PER UNIT
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ADDRESS
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31 SOUTH BRADFORD STREET
DOVER, KENT COUNTY, DELAWARE 19904
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PROPERTY TYPE
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MULTI-FAMILY APARTMENTS PROPERTY
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ALTERNATIVE USES
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NONE
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BUILDING AREA
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2,739 +/- SQ FT
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PARKING
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ON – SITE PARKING AVAILABLE
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ZONING
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RG1, GENERAL RESIDENCE ZONE, CITY OF DOVER
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TAX MAP
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ED05 – 077.05 - 04 – 07.00 - 00001
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SCHOOL DISTRICT
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CAPITAL
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FIRST FLOOR RESIDENCE
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#1 : ONE BR, ONE BATH, LIVING ROOM/KITCHEN RENT $750 / MO + UTILITIES * SEPARATE ELECTRIC
#2 : 1ST AND 2ND FLOOR, ONE BR, ONE BATH, LIVING ROOM, KITCHEN, PORCH RENT $750 / MO + UTILITIES * SEPARATE ELECTRIC
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SECOND FLOOR RESIDENCE
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#3 : ONE BR, ONE BATH, LIVING ROOM/KITCHEN RENT $475 / MO + UTILITIES * SEPARATE ELECTRIC
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THIRD FLOOR APARTMENT
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#4 : ONE BR, ONE BATH, LIVING ROOM/KITCHEN RENT $500 / MO + UTILITIES * SEPARATE ELECTRIC
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TOTAL GROSS REVENUE
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$2,475 PER MONTH * $29,700 PER YEAR
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CITY TAX ASSESSMENT
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$165,100 * $41,275 +/- PER UNIT
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CITY TAX RATE
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$0.415 / $100
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CITY PROPERTY TAXES
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$ 690 +/- * $171 +/- PER UNIT
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COUNTY TAX ASSESSMENT
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$40,700 * $10,175 +/- PER UNIT
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COUNTY TAX RATE
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$2.8460 / $100
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COUNTY PROPERTY TAXES
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$1,300 +/- * $290 +/- PER UNIT
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TOTAL EXPENSES
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$11,800 +/- * $3,000 +/- UNIT
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