217-219 W Reed Street Dover, DE 19904
Listing Courtesy of: BRIGHT IDX / Century 21 Gold Key Realty / Manthan "Manny" Shah

  217-219 W Reed Street Dover, DE 19904

Active (19 Days)
$425,000

Description

Introducing 217-219 W Reed St, a meticulously maintained turnkey property featuring four fully occupied 1-bedroom apartments . This investment opportunity offers immediate positive cash flow, with all four units rented and generating income from day one. The property's financials are straightforward: tenants are responsible for all utilities except water, which is covered by the owner.The rental income breakdown is as follows:- 219A: $1,302/month (includes all utilties), 219B: $925/month, 217A: $962/month, 217B: $893/month. Whether you're a seasoned investor or just starting out, this property presents a compelling opportunity for steady returns. With its hassle-free setup and existing tenants, 217-219 W Reed St is an attractive addition to any investment portfolio. Don't miss out on this chance to secure a profitable investment – inquire today!

MLS #:
DEKT2036316
Taxes
$1,299(2024)
Lot Size
2,614 SQFT
Type
Multifamily
Year Built
1900
Style
Other
School District
Capital
County
Kent County

Listed By

Manthan "Manny" Shah, Century 21 Gold Key Realty
Source
BRIGHT IDX
Last checked Apr 26 2025 at 11:10 AM GMT+0000
Bathroom Details
Property Features
  • Above Grade
  • Foundation: Other
Heating and Cooling
  • Radiator
  • Window Unit(s)
Basement Information
  • Other
Flooring
  • Carpet
  • Vinyl
Exterior Features
  • Frame
  • Vinyl Siding
  • Roof: Shingle
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Living Area
  • 2,560 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 Gold Key Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/26/25 04:10