371 W North St Unit #UNIT A AND UNIT B, Dover, DE 19904
- $170,000
- List Price
- $170,000
- Days on Market
- 45
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- DEKT2046456
- Year Built
- 1986
- County
- Kent
- School District
- Capital
Property Description
Commercial office condos in central Kent County, just minutes from Legislative Hall. End unit with ample rear parking. Each unit features a full bathroom and multiple private office areas. One excellent tenant already in place at $1,250/month; seller will secure a second tenant at the same rate or the new owner can occupy. New roof installed in 2025. Well-run, well-funded condo association; quarterly fee of $805 covers snow removal, lawn care, and exterior maintenance. Highlights Prime central location near Legislative Hall End unit with multiple rear parking areas Two office condos; each currently or potentially rents at $1,250/month Option for owner-occupancy on one unit Full bathrooms and multiple office rooms in each unit Lower unit provides full ramp handicap access Roof replaced in 2025 Strong association; $805/quarter includes exterior, lawn, and snow Financial snapshot (quick math) Current in-place income: $1,250/month (one unit) Pro forma fully leased: $2,500/month ($30,000/year) before expenses HOA: $805/quarter = $3,220/year (verify any other operating expenses and taxes) If you want, I can format this into MLS remarks (character-limited), a flyer blurb, or a pro forma with
Additional Information
- Area
- Capital (30802)
- Taxes
- $494
- School District
- Capital
- High School
- Dover
- Heating
- Central, 90% Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Roof
- Architectural Shingle
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of First Class Properties. Contact: (302) 331-1043