Description
Unique investment opportunity located in the heart of Downtown Dover. This 18 unit rental property has 14 2-Bedroom/1 bath units and 4 1-Bedroom/1 bath units along with a common use building. All units are parceled together and zoned Commercial/RG1 on a .63ac lot right in the middle of downtown revitalization projects. All units are metered separately and have their own entrances. 130 S. New St. has 2 apartments. 132 S. New St. is a 10 unit apartment building with courtyard. 134 S. New St. is the office/laundry/storage building. 137 S. Queen has 4 apartments. Cottage to 137 S. Queen has 2 apartments as well. Whether you are looking to expand your rental portfolio or if you have a better idea in mind for this prime location, now is your time to act!!! Property is located within walking distance to public transportation, restaurants, library, medical services, worship centers, historical sites as well as the Capitol Green & Legislative Buildings. New construction homes and commercial buildings occurring on the same city block now as well. Sale subject to regulatory approval. Housing restrictions may be lifted with approval. Seller may sell vacant or occupied as desired. Financials available upon request. Last remaining tenants will vacate by 4/1/23.
Location
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 26th March, 2023 5:10 PM (UTC)
