371 W North St #unit A And Unit B,DOVER, DE 19904
DOVER, DE 19904
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 HallEnd unit with multiple rear parking areasTwo office condos; each currently or potentially rents at $1,250/monthOption for owner-occupancy on one unitFull bathrooms and multiple office rooms in each unitLower unit provides full ramp handicap accessRoof replaced in 2025Strong association; $805/quarter includes exterior, lawn, and snowFinancial snapshot (quick math) Current in-place income: $1,250/month (one unit)Pro forma fully leased: $2,500/month ($30,000/year) before expensesHOA: $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
Details
| MLS # | DEKT2046456 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1986 |
| Days On Site | 82 |
| Listing Provided By | First Class Properties | Audrey Ellen Wagamon |
Features
| Units | 1 |
|---|---|
| Zoning | OFFICE |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central, 90% Forced Air |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Vinyl Siding |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 494 |
|---|
Area Information
| State | DE |
|---|---|
| County | KENT DE |
| City | DOVER |
| Zip Code | 19904 |
| Area | Capital (30802) |
| School District | CAPITAL |
| High School | DOVER |
| Listing VS Median (in 19904) | |
Price: $170,000 low | high Med: $339,900 On site: 82 low | high Med: 78 | |
Market Activity 19904
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Learn More About This Property
| State | DE |
|---|---|
| County | KENT DE |
| City | DOVER |
| Zip Code | 19904 |
| Area | Capital (30802) |
| School District | CAPITAL |
| High School | DOVER |
| Listing VS Median (in 19904) | |
Price: $170,000 low | high Med: $339,900 On site: 82 low | high Med: 78 | |
