5771 Dupont Parkway
5771 Dupont Parkway
$400,000
3
1
900
900
$444
Description
Attention Investors! This remarkable 1.1-acre commercial/residential property presents an exceptional opportunity for success. Strategically located on the bustling Route 13, just north of Smyrna, this property's prime location is the key to unlocking its full potential. At the heart of this property is a charming 900-square-foot home boasting three bedrooms, one bath, and a full basement but definitely needs some TLC. Currently rented on a month-to-month basis for $1,500 per month, this cozy residence...Attention Investors! This remarkable 1.1-acre commercial/residential property presents an exceptional opportunity for success. Strategically located on the bustling Route 13, just north of Smyrna, this property's prime location is the key to unlocking its full potential. At the heart of this property is a charming 900-square-foot home boasting three bedrooms, one bath, and a full basement but definitely needs some TLC. Currently rented on a month-to-month basis for $1,500 per month, this cozy residence offers a comfortable living space and a reliable source of income. Complementing the residential unit is a spacious 680-square-foot garage equipped with an office and a bathroom, ideal for a dealership, automotive garage, lawn service.. lots of possibilities! The garage, featuring its own address, separate electric supply, and well, stands as a separate entity from the main house. It is currently leased for $1,800 per month with a five-year agreement with 20% yearly increase. This rental agreement guarantees a steady and increasing revenue stream for the next several years. The income-generating potential of this property is truly remarkable. Both the home and the garage can be rented out individually, maximizing your return on investment. Alternatively, you have the option to occupy one unit and lease the other, allowing for convenient on-site management. Situated on a large lot, this property offers excellent visibility and exposure for advertising products or services, thanks to the constant flow of traffic passing by on Route 13. The abundance of space also presents an exciting opportunity to expand the property by adding additional buildings or structures, further enhancing its income-generating potential. This highly sought-after property is expected to attract significant interest from savvy investors. Act swiftly, as it won't remain on the market for long. With a reliable tenant already in place, kindly note that 24-hour notice is required for showings, without exceptions. Don't miss out on this lucrative opportunity. With a current rental income of $3,300 per month and endless possibilities for expansion and profitability, this property is an ideal investment for those seeking a small business venture. Contact us today to secure your future success!
- Listed by Karim Mozher • EXP Realty, LLCP: 3023450295 karim.mozher@exprealty.com
Property Details for 5771 Dupont Parkway
Tax ID Number
15-027.00-008
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeDetached
StyleBungalow
Levels/Stories1.5
FurnishedNo
Location
LISTING UPDATED: 03/05/2024 01:07 PM
Property Details for 5771 Dupont Parkway
Status | Active |
---|---|
MLS # | DENC2044076 |
Days on Market | 324 |
Taxes | $1,021 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Fee Simple |
Year Built | 1945 |
Lot Size | 1.10 AC / 47,916 SF |
County | New Castle County |
Location
Building Information for 5771 Dupont Parkway
Stories-Year Built1945Building Size-Lot Size1.10 AC / 47,916 SF
Payment Calculator
$2,268 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5771 Dupont Parkway
Property History for 5771 Dupont Parkway
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5771 Dupont Parkway
Taxable ValueLand$27,500Additions$12,000Total$39,500
Tax Record2023$1 ($0 / month)
Home Facts
Beds3Baths1Total Finished SqFt900 SqFtAbove Grade Finished SqFt900 SqFtStories1Lot Size47,916 SqFtStyleSingle Family ResidenceYear Built1945ZoningCRCountyNEW CASTLEAPN15-027.00-008
Schools near 5771 Dupont Parkway
This home is within Smyrna School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 3 | |||
Public - | 4 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
North Smyrna Elementary School PublicPK to 3 | ||
Moore (John Bassett) School Public4 to 6 | ||
Smyrna Middle School Public7 to 8 | ||
Smyrna High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.