127 E Cleveland Avenue Newark, DE $ 6,630,000
127 E Cleveland Avenue
$ 6,630,000
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127 E Cleveland Avenue

Newark, DE, 19711
$ 6,630,000
Bedrooms2 Baths2.0 Sq 1,475

Monthly Estimate*

$ 46,313

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Single Family Home for sale in Newark, DE

for $6,630,000 with 2 bedrooms and 2 full baths. This 1,475 square foot home was built in 1900 on a lot size of 0.05.

INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of funds Seller will show the property and give more information.

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Single Family Active

Price

$ 6,630,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 1,305

Style

Lot Size

0.05

Year Built

1900

Town/City

Newark

County/Region

New Castle

MLS | Web ID

DENC2058638

Features
Interior
Heating Fuel Natural Gas
Basement Partial
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1475
Full Baths 2
Street Suffix AVENUE
Central Air Y/N N
Total Bedrooms 2
Below Grade Finished Area 0
Below Grade Finished Area Unit Type Square Feet
Laundry Type Basement
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Subject to Existing Lease
Zoning 18RM
Pool Y/N No Pool
Architectural Style Other
Construction Materials Frame Brick
Year Built 1900
Levels 2
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Accessibility None
County NEW CASTLE
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name NEWARK
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions On Cleveland Ave
City NEWARK
Buyer Agent Compensation 2
Senior Community Y/N N
MLS Area Newark/Glasgow (30905)
Lot Size Square Feet 2178.00
Waterfront Y/N N
Street Name CLEVELAND
Tax Annual Amount 1305.0
Structure Type Detached
Condo/Coop Association Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft 4494.92
Vacation Rental Y/N N
Days on Market 34
Standard Status Active
Year Built Source Assessor
Legal Subdivision NEWARK 18
Tax Lot 195
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 15.00 x 141.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 4400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 127
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* Excluded Features
List By
Crown Homes Real Estate

Broker

team@crownhomesre.com

Email

Affordability Calculator

$46,421
Per Month
100%
0%
0%
Monthly Principal & Interest
$46,313
Monthly Property Taxes
$109
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3534162 Elementary School
3534061 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2024$6,630,000 Listed Price

Map


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127 E Cleveland Avenue, Newark, DE, 19711 is a Single Family Home for sale at $6,630,000 with 1,475 sqft and a lot size of 0.05. 127 E Cleveland Avenue has 2 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 19711 which is in Newark, DE