40 S Governors Avenue, Dover, DE 19904
- $200,000
- 5
- BD
- 3
- BA
- 1,704
- SqFt
- Sold Price
- $200,000
- List Price
- $234,500
- Closing Date
- Apr 07, 2026
- Days on Market
- 91
- Status
- CLOSED
- MLS#
- DEKT2043246
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 1,704
- Lot Size (Acres)
- 0.2
- Style
- Contemporary
- Year Built
- 1900
- County
- Kent
- School District
- Capital
Property Description
Opportunities like this one don't come knocking often! Incredible investment opportunity. This building has three total units. Perhaps you'd like to live in one and rent out the other two! You could just rent out all three! The units consist of an efficiency one bedroom and standard one bedroom on the first floor and the third apartment is a three bedroom on the second floor. Most recently these rented for $1050, $1110, and $1700 respectively. That's $3860 a month for a $250,000 investment! Brand new siding just installed. Current owner is working on filling with new tenants, but they are currently vacant. All metered separately. Huge parking lot behind the building for parking. Close to new family court, Del State facilities (formerly Wesley College), and lots of local conveniences. Schedule your showing today! Being sold as is, inspections are for informational purposes only.
Additional Information
- Area
- Capital (30802)
- Subdivision
- Dover
- Taxes
- $1115
- School District
- Capital
- High School
- Dover
- Exterior Features
- Sidewalks, Street Lights
- Heating
- Baseboard - Electric
- Heating Fuel
- Electric
- Cooling
- None
- Roof
- Pitched
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Tri-County Realty. Contact:
Selling Office: .