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Victorian apartment building located in Smyrna's desirable historic district, just one block from Town of Smyrna municipal building. Six apartment units with high ceilings and charm throughout. Each apartment has its own heat and hot water systems so utilities paid by tenants for more consistent ROI to landlord. Excellent opportunity to separately meter water feed to each apartment for even more value upside. PROPERTY OVERVIEW PROPERTY DETAILS HEART OF SMYRNA Units individually heated. Individual water heaters per unit. Updated electric and plumbing. Sprinkler system throughout. Projected Net Operating Income: $42,140 Offered at: $439,000 Cap rate: 9.6% 25 W. MOUNT VERNON STREET, SMYRNA, DE, 19977 FOR MORE INFORMATION, CONTACT: Yasmin Bowman, Associate Broker Mobile Tel: : 302-438-8667 [email protected] 1320 Philadelphia Pike, Suite 300 Wilmington, DE 19809 Office Tel: 302-544-9144

FOR MORE INFORMATION, · Updated electric and plumbing. Sprinkler system throughout. Projected Net Operating Income: $42,140 Offered at: $439,000 Cap rate: 9.6% 7Q`hb H2 KmHiBh7 KBHvhT`QT2`iv®h

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Page 1: FOR MORE INFORMATION, · Updated electric and plumbing. Sprinkler system throughout. Projected Net Operating Income: $42,140 Offered at: $439,000 Cap rate: 9.6% 7Q`hb H2 KmHiBh7 KBHvhT`QT2`iv®h

Victorian apartment building located in Smyrna's desirable historic district, just one block from Town of Smyrna municipal building.  Six apartment units with high ceilings and charm throughout.  Each apartment has its own heat and hot water systems so utilities paid by tenants for more consistent ROI to landlord.  Excellent opportunity to separately meter water feed to each apartment for even more value upside.

PROPERTY OVERVIEW

PROPERTY DETAILS

HEART OF SMYRNA

Units individually heated.Individual water heaters per unit.Updated electric and plumbing.Sprinkler system throughout.Projected Net Operating Income: $42,140 Offered at: $439,000 Cap rate:  9.6%

FOR SALE

MULTI FAMILY PROPERTY  6 APARTMENTS25 W. MOUNT VERNON

STREET, SMYRNA, DE, 19977

FOR MORE INFORMATION, CONTACT:

Yasmin Bowman, Associate Broker Mobile Tel: : 302-438-8667

[email protected]

1320 Philadelphia Pike, Suite 300 Wilmington, DE 19809

Office Tel: 302-544-9144

Page 2: FOR MORE INFORMATION, · Updated electric and plumbing. Sprinkler system throughout. Projected Net Operating Income: $42,140 Offered at: $439,000 Cap rate: 9.6% 7Q`hb H2 KmHiBh7 KBHvhT`QT2`iv®h

FOR MORE INFORMATION, CONTACT:Yasmin Bowman, Associate Broker

Mobile Tel: : 302-438-8667 Office Tel: 302-544-9144

1320 Philadelphia Pike, Suite 300 Wilmington, DE 19809

[email protected]

1320 Philadelphia Pike, Suite 300 Wilmington, DE 19809

Office Tel: 302-544-9144

Yasmin Bowman, Associate Broker Mobile Tel: : 302-438-8667

[email protected]

FOR MORE INFORMATION, CONTACT:

MULTI FAMILY PROPERTY 25 W. Mount Vernon Street, Smyrna, DE, 19977

Page 3: FOR MORE INFORMATION, · Updated electric and plumbing. Sprinkler system throughout. Projected Net Operating Income: $42,140 Offered at: $439,000 Cap rate: 9.6% 7Q`hb H2 KmHiBh7 KBHvhT`QT2`iv®h

FOR MORE INFORMATION, CONTACT:Yasmin Bowman, Associate Broker

Mobile Tel: : 302-438-8667 Office Tel: 302-544-9144

1320 Philadelphia Pike, Suite 300 Wilmington, DE 19809

[email protected]

1320 Philadelphia Pike, Suite 300 Wilmington, DE 19809

Office Tel: 302-544-9144

Yasmin Bowman, Associate Broker Mobile Tel: : 302-438-8667

[email protected]

FOR MORE INFORMATION, CONTACT:

MULTI FAMILY PROPERTY 25 W. Mount Vernon Street, Smyrna, DE, 19977

Page 4: FOR MORE INFORMATION, · Updated electric and plumbing. Sprinkler system throughout. Projected Net Operating Income: $42,140 Offered at: $439,000 Cap rate: 9.6% 7Q`hb H2 KmHiBh7 KBHvhT`QT2`iv®h

FOR MORE INFORMATION, CONTACT:Yasmin Bowman, Associate Broker

Mobile Tel: : 302-438-8667 Office Tel: 302-544-9144

1320 Philadelphia Pike, Suite 300 Wilmington, DE 19809

[email protected]

MULTI FAMILY PROPERTY25 W. Mount Vernon Street, Smyrna, DE, 19977

Yasmin Bowman, Associate Broker Mobile Tel: : 302-438-8667

[email protected]

1320 Philadelphia Pike, Suite 300 Wilmington, DE 19809

Office Tel: 302-544-9144

FOR MORE INFORMATION, CONTACT:

PROPERTY OPERATING DATA

Page 5: FOR MORE INFORMATION, · Updated electric and plumbing. Sprinkler system throughout. Projected Net Operating Income: $42,140 Offered at: $439,000 Cap rate: 9.6% 7Q`hb H2 KmHiBh7 KBHvhT`QT2`iv®h

FOR MORE INFORMATION, CONTACT:Yasmin Bowman, Associate Broker

Mobile Tel: : 302-438-8667 Office Tel: 302-544-9144

1320 Philadelphia Pike, Suite 300 Wilmington, DE 19809

[email protected]

1320 Philadelphia Pike, Suite 300 Wilmington, DE 19809

Office Tel: 302-544-9144

Yasmin Bowman, Associate Broker Mobile Tel: : 302-438-8667

[email protected]

FOR MORE INFORMATION, CONTACT:

MULTI FAMILY PROPERTY 

DEMOGRAPHICS AT A GLANCE  - 3 MILE RADIUS

25 W. Mount Vernon Street, Smyrna, DE, 19977