BEDS0
BATHS
SQUARE FEET7,030
MLS#DEKT2044590
STATUSACTIVE UNDER CONTRACT
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCAPITAL
Property Description
Turnkey 9-unit multifamily investment in Dover, surrounded by historic character and ongoing area revitalization. Stabilized asset producing approximately $11,700 per month (4-1-26) in rental income, plus additional income from on-site central washer and dryer facilities. Tenants pay their own gas heat and electric. Owner pays water, sewer, trash, and central hot water. Property has seen numerous recent improvements including updated windows, interior upgrades, select new kitchens, and recently installed flooring in most units. Hallways have been refreshed with new flooring and paint. Capital improvements include a new fire escape and some newer heating systems. Strong in-place income with additional ancillary revenue and continued upside through future unit improvements and long-term rental demand in the Dover market. Ideal for investors seeking a stabilized asset with proven cash flow.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Cooling: None
Fuel Type: Natural Gas
Heating: 90% Forced Air
Home Style: Victorian
Lot Size: 0.17 Acres
Taxes: $4,757
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Building Name: NONE AVAILABLE
Exterior: Frame
Flooring: Hardwood, Luxury Vinyl Plank
Location: Downtown
Lot: Rear Yard
Lot Dimensions: 0.17 Acre(S)
One Bedroom Units: 9
Parking Notes: Private
Sewer: Public Sewer
Structure Type: Other
Units: 1
Utilities: Natural Gas Available
Water: Public
Local Schools
School District: CAPITAL
Listed By / Shown By
Listed By
Agency Name: RE/MAX Horizons
Agency Phone: 3026784300
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty - Luxury Office
Agency Phone: +18003833535
Estimate Your Payment
Estimated Payment
$ 7,133.32 per month $6,386.90 Principal & Interest $396.42 Property Tax $350.00 Homeowner's InsuranceChange Payment Information
Corporate Office
215 S. Centerville Road
Lancaster, PA 17603
Toll Free: 800.383.3535
Phone: 717.393.0783
Fax: 717.393.5298
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Lancaster, PA 17603
Toll Free: 800.383.3535
Phone: 717.393.0783
Fax: 717.393.5298
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Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603James J Hafer - West Virginia Broker of Record
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26 S State Street | MLS# DEKT2044590
This multi-family property located at 26 S State Street, Dover, DE 19901 is currently listed for sale with an asking price of $1,200,000. S State Street is located within the CAPITAL school district. Search Dover real estate on www.homesaleluxury.com today.