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5771 Dupont Parkway, Smyrna, DE 19977
$400,000
5771 Dupont Parkway, Smyrna, DE 19977View this property at 5771 Dupont Parkway, Smyrna, DE 19977
5771 Dupont ParkwaySmyrnaDE19977
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Property Description
Attention Investors! This remarkable 1.1-acre commercial/residential property presents an exceptional opportunity for success. Strategically located on the bustling Route 13, just north of Smyrna, this property's prime location is the key to unlocking its full potential. At the heart of this property is a charming 900-square-foot home boasting three bedrooms, one bath, and a full basement but definitely needs some TLC. Currently rented on a month-to-month basis for $1,500 per month, this cozy residence offers a comfortable living space and a reliable source of income. Complementing the residential unit is a spacious 680-square-foot garage equipped with an office and a bathroom, ideal for a dealership, automotive garage, lawn service.. lots of possibilities! The garage, featuring its own address, separate electric supply, and well, stands as a separate entity from the main house. It is currently leased for $1,800 per month with a five-year agreement with 20% yearly increase. This rental agreement guarantees a steady and increasing revenue stream for the next several years. The income-generating potential of this property is truly remarkable. Both the home and the garage can be rented out individually, maximizing your return on investment. Alternatively, you have the option to occupy one unit and lease the other, allowing for convenient on-site management. Situated on a large lot, this property offers excellent visibility and exposure for advertising products or services, thanks to the constant flow of traffic passing by on Route 13. The abundance of space also presents an exciting opportunity to expand the property by adding additional buildings or structures, further enhancing its income-generating potential. This highly sought-after property is expected to attract significant interest from savvy investors. Act swiftly, as it won't remain on the market for long. With a reliable tenant already in place, kindly note that 24-hour notice is required for showings, without exceptions. Don't miss out on this lucrative opportunity. With a current rental income of $3,300 per month and endless possibilities for expansion and profitability, this property is an ideal investment for those seeking a small business venture. Contact us today to secure your future success!
Full Property Details
Full Property Details for 5771 Dupont Pkwy
General
- Price: $400,000
- Taxes: $1,021 (2022)
- Status: Active
- Type: Single Family
- MLS ID: DENC2044076
- Updated: 9/26/2023
- Added to Site: 327 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Basement
Parking
- Parking Type: Driveway, Parking Lot
Location
- Area: South Of The Canal (30907)
- County: New Castle
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: Right on 13.
School Information
- School District: Smyrna
Community
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water, Space Heater
- Water Heater: 60+ Gallon Tank, Electric
Utilities
- Sewer: On Site Septic
- Water: Well
Structural Information
- Architectural Info: Bungalow
- Architectural Style: Bungalow
- Structure Type: Detached
- Construction: Concrete
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 900
- Sq. Ft. Source: Assessor
- Living Area: 900 Sq. Ft.
- Finished Above Grnd: 900 Sq. Ft.
- Year Built: 1945
- Year Built Source: Assessor
- Property Condition: Average
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Lot Size (Acres): 1.1
- Lot Size (Sq. Ft.): 47,916
- Lot Size Source: Assessor
- Lot Dimensions: 200.00 x 240.00
- Frontage Feet: 200
- Lot Features: Road Frontage
- Zoning: CR
- Lot Description: Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $444.44
- Assessment Year: 2022
- School Tax: $702
- City/TownTax Freq: Annually
- County Tax: $319
- County Tax Freq: Annually
- Tax w/Assessment: $39,500
- Tax Amount: $1,021
- Tax Year: 2022
- Tax Total Finished Sq. Ft.: 900
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 8
Listed by EXP Realty, LLC, Karim Mozher
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Schools
Schools serving 5771 Dupont Pkwy
School District:Smyrna School District
Rating | Name | Grades | Distance |
---|---|---|---|
365 N Main St, Smyrna, DE 19977 | K-6 | 0.5 mi | |
20 W Frazier St, Smyrna, DE 19977 | 5-6 | 1 mi | |
700 Duck Creek Pkwy, Smyrna, DE 19977 | 6-8 | 0.9 mi | |
500 Duck Creek Pkwy, Smyrna, DE 19977 | 8-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5771 Dupont Pkwy
Date
Details
Price
Change
Source
9/26/2023
Price Reduced
$400,000
-5.88%
MLS
6/12/2023
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5771 Dupont Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1
-100%
$39,500
—
2022
$1,021
1%
$39,500
—
2021
$1,008
10%
$39,500
—
2019
$913
5%
$39,500
—
2017
$870
-1%
$39,500
—
2016
$880
—
$39,500
—
2015
$883
5%
$39,500
—
2014
$838
9%
$39,500
—
2013
$766
—
$39,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5771 Dupont Pkwy
5771 Dupont Parkway, Smyrna, DE 19977 (MLS# DENC2044076) is a Single Family property with 3 bedrooms and 1 full bathroom. 5771 Dupont Parkway is currently listed for $400,000 and was received on June 12, 2023. Want to learn more about 5771 Dupont Parkway? Do you have questions about finding other Single Family real estate for sale in Smyrna? You can browse all Smyrna real estate or contact a Coldwell Banker agent to request more information.