12 S Main Street, Magnolia, DE, DE 19962

$169,900
1,449
SqFt
Sold Price
$169,900
List Price
$174,900
Closing Date
Jul 29, 2021
Days on Market
135
Status
CLOSED
MLS#
DEKT245800
Living Area
1,449
Lot Size (Acres)
0.18
Style
Traditional
Year Built
1880
County
Kent
School District
Caesar Rodney

Property Description

Turnkey duplex investment on Main Street in Magnolia. Unit A is a 2 bed 1 bath and unit B is a 1 bed 1 bath. Gross Rent of 1,680 per month. Tenants are current in their rent. One tenant is on a month-to-month lease and the other lease end date is May 31, 2021. Hassle-free investment. Includes a two car garage that could possibly be developed as a 3rd unit subject to Magnolia and/or Kent County approval. Investment properties are hard to find these days. It is in a great location, CR school district and attracts good tenants.

Additional Information

Area
Caesar Rodney (30803)
Taxes
$518
School District
Caesar Rodney
Flooring
Laminated, Vinyl
Garage
Yes
Garage Spaces
2
Heating
Forced Air
Heating Fuel
Electric, Propane - Leased
Cooling
Central A/C
Roof
Shingle
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of First Class Properties. Contact: (302) 677-0770

Selling Office: .