55 New London Avenue Newark, DE $ 6,630,000
55 New London Avenue
$ 6,630,000
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55 New London Avenue

Newark, DE, 19711
$ 6,630,000
Bedrooms3 Baths1.0 Sq 975

Monthly Estimate*

$ 44,065

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Townhouse for sale in Newark, DE

for $6,630,000 with 3 bedrooms and 1 full bath. This 975 square foot townhouse was built in 1920 on a lot size of 0.1.

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.

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Townhouse Active

Price

$ 6,630,000

Bedrooms

3

Full Bath

1

Property Type

Townhouse

Taxes

$ 792

Style

Lot Size

0.1

Year Built

1920

Town/City

Newark

County/Region

New Castle

MLS | Web ID

DENC2058646

Features
Interior
Heating Fuel Natural Gas
Basement Full
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 975
Full Baths 1
Street Suffix AVENUE
Central Air Y/N N
Total Bedrooms 3
Below Grade Finished Area 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Subject to Existing Lease
Zoning 18RM
Pool Y/N No Pool
Architectural Style Other
Construction Materials Shingle Siding
Year Built 1920
Levels 3
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Accessibility None
County NEW CASTLE
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name NEWARK
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions On New London Ave
City NEWARK
Buyer Agent Compensation 2
Senior Community Y/N N
MLS Area Newark/Glasgow (30905)
Lot Size Square Feet 4356.00
Waterfront Y/N N
Street Name NEW LONDON
Tax Annual Amount 792.0
Structure Type End of Row/Townhouse
Condo/Coop Association Y/N N
Price Per Sq Ft 6800.0
Vacation Rental Y/N N
Days on Market 34
Standard Status Active
Year Built Source Assessor
Legal Subdivision BELL SUBD
Tax Lot 340
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Off Street
Foundation Details Brick/Mortar Concrete Perimeter
Water View Y/N N
Lot Dimensions 25.40 x 192.10
Lot Size Acres 0.10
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 3200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 55
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* Excluded Features
List By
Crown Homes Real Estate

Broker

team@crownhomesre.com

Email

Affordability Calculator

$44,131
Per Month
100%
0%
0%
Monthly Principal & Interest
$44,065
Monthly Property Taxes
$66
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3534162 Elementary School
3534061 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2024$6,630,000 Listed Price

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55 New London Avenue, Newark, DE, 19711 is a Townhouse for sale at $6,630,000 with 975 sqft and a lot size of 0.1. 55 New London Avenue has 3 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 19711 which is in Newark, DE