323 W COMMERCE ST Pending

Smyrna,DE 19977

$ 525000

7 Beds

3 Baths

3029 SqFt


Key Details

Property Type Single Family Home, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 3,029 sqft

Price per Sqft $173

Subdivision None Available

MLS Listing ID DEKT2030240

Style A-Frame

Bedrooms 7

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 3,029

Originating Board BRIGHT

Year Built 1860

Annual Tax Amount $1,285

Tax Year 2022

Lot Size 0.375 Acres

Acres 0.38

Lot Dimensions 75.33 x 211.74

Property Description

!! UNIQUE INVESTMENT OPPORTUNITY !!

Live on one side, rent out the other, and inherit an opportunity to add additional units.

This duplex has been fully remodeled and is move in / rent-out ready!

Upgrades include: New electrical, plumbing, drywall/insulation, windows, doors, roofs, siding, floors, brand new kitchens and bathrooms with high end appliances and granite countertops, and much more.

Currently sitting on a single parcel, there has already been subdivision plans drawn, submitted, and ready to move forward with; allowing the new owner(s) to turn this massive lot into 3 separate property’s --- provided a 3rd unit be built on the lot to the right of # 323. The massive garage in the back provides the potential (pending town approval) to add an Accessory Dwelling Unit and would transform this property into even more of a cash cow!! Located within Smyrna’s Downtown Re-Development District, investors are able to take advantage of the towns Re-Development Program and receive up to 20% back on any building expenses, truly making this deal a HOME RUN.

#321 features

Roughly 1,000 Sq Ft
3 Beds 1 Full Bath
Open floor plan
Screened in Porch
1 Car Garage

#323 Features

Roughly 2,000 SqFt
5 Beds 2 Full Baths
Open Floor Plan
3 car Garage

Don’t miss out!! Book your appointment today!!

Location

State DE

County Kent

Area Smyrna (30801)

Zoning R3

Rooms

Basement Unfinished

Main Level Bedrooms 1

Interior

Hot Water Electric

Heating Heat Pump - Electric BackUp

Cooling Ductless/Mini-Split

Fireplace N

Heat Source Electric

Exterior

Garage Oversized

Garage Spaces 4.0

Waterfront N

Water Access N

Accessibility Other

Parking Type Detached Garage

Total Parking Spaces 4

Garage Y

Building

Story 3

Foundation Block,Stone

Sewer Public Sewer

Water Other

Architectural Style A-Frame

Level or Stories 3

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Smyrna

Others

Senior Community No

Tax ID DC-17-01017-03-4100-000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing FHA,Cash,Conventional

Listing Terms FHA,Cash,Conventional

Financing FHA,Cash,Conventional

Special Listing Condition Standard

View More
Favorite Go Tour