Great opportunity to own a four unit in downtown Dover near Delaware State University. 4 one bedroom units. All units have separate gas and electric. Buy today and start making a Profit today. Well maintained property with potential for more increased income. Don't wait. Multi units in downtown Dover have been selling quickly. One downstairs unit just rehab and is vacant and just calling for an owner occupant. Let the tenants pay your mortgage. 3 units currently rented with a gross income of $2,275 a month. Rents to increase on Jan 1 to $2,700 a month. possible income of $3,600 at full occupancy.
Sold for $280,000 on 12/06/23
$280,000
4 S Governors Ave, Dover, DE 19904
2beds
2baths
3,088sqft
Quadruplex
Built in 1900
-- sqft lot
$314,200 Zestimate®
$91/sqft
$1,582 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 07, 2023 at 03:00am
Listed by:
Steven Schmidt 302-678-4326,
RE/MAX Horizons,
Co-Listing Agent: Barbara T Schmidt 302-678-4300,
RE/MAX Horizons
Bought with:
Steven Schmidt, RB-0031118
RE/MAX Horizons
Source: Bright MLS,MLS#: DEKT2022678

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None, Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,088
- Total interior livable area: 3,088 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,600 sqft
- Dimensions: 42.17 x 64.12
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: ED0507705032400000
- Zoning: C1A
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Quadruplex
Materials
- Frame
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Dover
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$314,200
2% more+ $6,284
With Zillow Showcase(estimated)
$320,484