Bought with Larry W Thompson Jr. • R&R Commerical Realty
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20 N MAIN ST Smyrna, DE 19977
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Key Details
Sold Price $222,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,855 sqft
Price per Sqft $119
MLS Listing ID DEKT246278
Sold Date 05/06/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1850
Annual Tax Amount $704
Tax Year 2020
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 0.12 x 0.00
Property Sub-Type Mixed Use
Property Description
For sale is the property at 20 N Main St. Smyrna, DE 19977 for $250,000. 20 N Main is a beautiful brick multi-family unit from the mid-19th century. It has a 2 Bedroom, 1 Bathroom apartment on the first floor with a long-term tenant. On the second floor is a 1 bedroom, 1 bath apartment with a bonus room on the third floor. Recent renovations include repairs to the brick, screen porch, new appliances, and more. The property would make a great starting point for a new investor or a nice addition to your existing residential property portfolio with a potential 9% cap rate. 20 N Main St is located directly in the heart of downtown Smyrna within easy walking distance of restaurants, a library, shopping, and more. The property has easy access to all parts of the state.
Location
State DE
County Kent
Area Smyrna (30801)
Zoning CC
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Smyrna
Others
Tax ID DC-17-01013-03-3200-000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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