428 South Governors Avenue

Dover, DE 19904

$249,900
Price
Beds
1,824 Sq. Ft.
$137 / Sq. Ft.
1,824
Sq. Ft.
$137
per Sq. Ft.

Description

Charming Duplex in Downtown Dover, DE - Built in 1920. Discover a piece of history with this well-maintained duplex, located in the heart of Downtown Dover. Built in 1920, this charming two-unit property blends historic character with modern convenience, making it an ideal investment or owner-occupied property. The property is fully rented and provides consistent cash-flow and is ideally situated near shopping, restaurants, healthcare and public transportation. Schedule your tour today! Co-seller...Charming Duplex in Downtown Dover, DE - Built in 1920. Discover a piece of history with this well-maintained duplex, located in the heart of Downtown Dover. Built in 1920, this charming two-unit property blends historic character with modern convenience, making it an ideal investment or owner-occupied property. The property is fully rented and provides consistent cash-flow and is ideally situated near shopping, restaurants, healthcare and public transportation. Schedule your tour today! Co-seller is a DE Licensed Real Estate Broker.
  1. Listed by Stephanie S Lehane • RE/MAX Eagle Realty
    P: (302)-659-1320 customercare@lehaneteam.com

Property Details for 428 South Governors Avenue

Tax ID Number
ED-05-07709-03-2300-000
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Expected On Market Date
11-27-2024
Subdivision
OLDE DOVER
LISTING UPDATED: 12/06/2024 12:46 PM

Property Details for 428 South Governors Avenue

StatusActive
MLS #DEKT2033362
Days on Market43
Taxes$1,444 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.12 AC / 5,300 SF
CountyKent County

Building Information for 428 South Governors Avenue

Stories-Residences2Year Built1920Building Size-Lot Size0.12 AC / 5,300 SF

Property Information for 428 South Governors Avenue

Location
Location
  • In City Limits: Yes
  • School District Name: CAPITAL
  • School District County ID: 300200396888
  • SchoolDistrictSource: Listing Agent
  • County: KENT
  • MLS Area: Capital (30802)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $26,900
  • Year Assessed: 2023
  • County Tax: $96
  • Improvement Assessed Value: $17,100
  • City Town Tax: $696
  • Land Assessed Value: $9,500
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: C2A
  • Tax Lot: 2300-000
  • School Tax: $652
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: 10.00%
  • Number Of Units Month To Month: 2
  • Rent Control: No
Financial Information
Expenses
  • Maintenance Expense: $2,700
Financial Information
  • Net Operating Income: $22,080
  • Annual Rental Income: $27,600
  • Income Includes: Apartment Rentals
  • Cap Rate: 9.00
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,824.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 50.00 x 140.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2438475
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street, Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Kent County Association of REALTORS

Property History for 428 South Governors Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 428 South Governors Avenue

Taxable ValueLand$76,500Additions$150,000Total$226,500
Tax Record2023$1,417 ($118 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,824 SqFtAbove Grade Finished SqFt1,824 SqFtUnfinished Basement SqFt1,096 SqFtStories2Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1920ZoningC2ACountyKENTAPN2-05-077.09-03-23.00-000

Schools near 428 South Governors Avenue

This home is within Capital School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
South Dover Elementary School
PublicK to 4

William Henry Middle School
Public5 to 6

Central Middle School
Public7 to 8

Dover High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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428 South Governors Avenue is a multi-family home for sale in Dover, DE 19904. This property was listed for sale on November 25, 2024 by RE/MAX Eagle Realty, it's currently listed at $249,900. It has been on the market for a total of 43 days and was last sold on August 16, 2018. This listing's school district is Capital School District. Nearby schools include South Dover Elementary School, William Henry Middle School and Central Middle School. 428 South Governors Avenue is a 0-bed, 0-bath, 1,824 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Eagle Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.