28 S Old Baltimore Pike, Newark, DE 19702 - Photo 1

1/1

$340,000

Sold
Closed
Duplex
1,700 Sq. Ft.

1/1

Property Description

Here's an amazing opportunity to own a fully renovated turn key multi-family property. This multi-family property is located centrally located in Newark, close to the Christiana hospital, Christiana mall, I-95, route 1, popular dining, shopping and more! This duplex and the duplex next door (32 Old Baltimore) can be purchased as a package for a total of $650,000. 32 Old Baltimore is being fully renovated to look just like 28 Old Baltimore. Unit B of 28 Old Baltimore is currently rented for $1,600 monthly. The estimated monthly income for both duplexes (all 4 units) is $5,700 with an expected monthly cash flow of $2,000 (this includes principle, interest, taxes and insurance for both properties at 25% down and current interest rates). Current rental and interest rates are to be verified by buyer/lender. Unit A has 1 bedroom and 1.5 bathrooms. Unit B has 2 bedrooms, a large bonus room, and 1.5 bathrooms.

Full Property Details

Full Property Details for 28 S Old Baltimore Pike

General

Sold For: $340,000
Taxes: $723 (2022)
Status: Closed
Type: Duplex
Source: BrightMLSPhilly
MLS ID: DENC2064722
Added to Site: 565 day(s) ago

Parking

Parking Type: Driveway

Location

Area: Newark/Glasgow (30905)
County: New Castle
Driving Directions: Off Old Baltimore Pike

School Information

School District: Christina

Heating & Cooling

Central air: Yes
Cooling Type: Ductless/Mini-Split, Central A/C
Cooling Fuel: Electric
Heating Type: Other
Heating Fuel: Other
Water Heater: Other

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Colonial
Architectural Style: Colonial
Structure Type: Detached
Construction: Vinyl Siding
Basement: Yes
Basement Desc.: Full
Foundation: Other
Stories/Levels: 0
Square Feet: 1,700
Sq. Ft. Source: Assessor
Living Area: 1,700 Sq. Ft.
Finished Above Grnd: 1,700 Sq. Ft.
Year Built: 1866
Year Built Source: Assessor

Unit Information

Other Units: Unit 1, Unit 2
1 Bedroom Units: 1
2 Bedroom Units: 1

Unit 1

Unit Description: Unit 2
Bedrooms: 2

Unit 2

Unit Description: Unit 1
Bedrooms: 1

Lot Features

Lot Size (Acres): 0.14
Lot Size (Sq. Ft.): 6,098
Lot Size Source: Assessor
Lot Dimensions: 110.40 x 52.09
Zoning: NC5

Financial Considerations

Price Per Sq. Ft.: $194.12
Assessment Year: 2022
School Tax: $578
City/TownTax Freq: Annually
County Tax: $145
County Tax Freq: Annually
Tax w/Assessment: $17,500
Tax Amount: $723
Tax Year: 2022
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1700

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 241

Listed by Crown Homes Real Estate, Corey J Harris
Sold by RE/MAX 1st Choice - Middletown, Melody Davis

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Listing agent

— 28 S Old Baltimore Pike —

Corey J Harris

Crown Homes Real Estate

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Schools

Schools serving 28 S Old Baltimore Pike

School District:Christina School District

Name	Grades	Distance
Jones (Albert H.) Elementary School 35 West Main Street, Newark, DE 19702	K-5	5.2 mi
Christiana High School 190 Salem Church Road, Newark, DE 19713	9-12	1.8 mi
Shue-Medill Middle School 1500 Capitol Trail, Newark, DE 19711	6-8	3.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 28 S Old Baltimore Pike

Date

Details

Price

Change

Source

9/16/2024

Sold

$340,000

3.03%

MLS

7/15/2024

Listed

$330,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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28 S Old Baltimore Pike, Newark, DE 19702 (MLS# DENC2064722) is a Duplex property that was sold at $340,000 on September 16, 2024. Want to learn more about 28 S Old Baltimore Pike? Do you have questions about finding other Duplex real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

28 S Old Baltimore Pike Newark, DE 19702

Full Property Details for 28 S Old Baltimore Pike

General

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Lot Features

Financial Considerations

Disclosures and Reports

Listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 28 S Old Baltimore Pike

Price & Sales History for 28 S Old Baltimore Pike

Just Listed near 28 S Old Baltimore Pike

16 Courtland Cir Bear, DE 19701

111 Tuckahoe Ln Bear, DE 19701

613 Garron Point Pass Bear, DE 19701

7 Keeneland Ct Bear, DE 19701

Price Reduced near 28 S Old Baltimore Pike

45 Longleaf Ln Bear, DE 19701

719 Cardinal Ave Bear, DE 19701

1 Bohemia Rd Bear, DE 19701

7 Pierson's Ridge Hockessin, DE 19707