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$599,000
-- Bed
-- Bath
3,432sqft
118 W Division St, Dover, DE 19904
$599,000
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Multi Family
Built in 1900
$-- HOA
3,049 sqft lot
$175/sq.ft
Description
Fully stabilized 5-unit investment opportunity in the heart of Downtown Dover. All units recently leased within the past two months, providing immediate, reliable cash flow. Four of the five units have been refreshed/updated, reducing near-term capital needs for a new owner.
Rents supported and currently at allowable maximum levels, offering strong and consistent income performance. Tenants pay their own utilities, keeping operating expenses low.
Property is located within the Downtown Dover revitalization area with ongoing investment, redevelopment, and long-term growth potential nearby.
Zoned C-1A, allowing flexible mixed-use possibilities including office, or small co...
- Houzeo last checked: 36 minutes ago
- Listing updated: March 19, 2026 at 3:34 pm
- Listing Provided by: Steven B. Schmidt (302) 678-4326 | RE/MAX Horizons (302) 678-4300
- Source: Bright MLS-NJ | MLS#: DEKT2044364
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
3,432 sqft
Lot Size
3,049 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
DEKT2044364
MLS Status
PENDING-BRIGHT
Days on Market
21
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