115-1/2 E Cleveland Avenue, Newark, DE 19711-2213 $6,630,000

Beds/Baths: 2/1
Interior Sq. Ft: 1,425
Acreage: 0.05
Age:124 years
Style:
Other
MLS#: DENC2058630
Subdivision: Newark
Design/Type:
Interior Row/Townhouse

Description

INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of funds Seller will show the property and give more information.

Taxes: $1,118
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*:
Garage: N
Basement: Y
Pool: No Pool
School Dist: Christina
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Utilities
Forced Air Heating, Natural Gas, None, None, Hot Water - Natural Gas, Public Water, Public Sewer, Basement Laundry

Garage/Parking
Off Street

Interior
Full Basement

Exterior
Concrete Perimeter Foundation, Brick Exterior

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (22 schools)

School District Grades Place Distance
West Park Place Elementary School Christina School District K–5 Newark 1.14 mi
Maclary (R. Elisabeth) Elementary School Christina School District K–5 Newark 1.31 mi
Downes (John R.) Elementary School Christina School District K–5 Newark 1.47 mi
Brookside Elementary School Christina School District K–5 Newark 1.75 mi
McVey (Joseph M.) Elementary School Christina School District K–5 Newark 2.15 mi
Brennen School (The) Christina School District Preschool–12 Newark 2.2 mi
Smith (Jennie E.) Elementary School Christina School District K–5 Newark 2.27 mi
Christina Early Education Center Christina School District Preschool Newark 2.36 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 2.44 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–11 Newark 2.51 mi
Wilson (Etta J.) Elementary School Christina School District K–5 Newark 3.06 mi
Newark Charter School Newark Charter School K–12 Newark 3.07 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 3.7 mi
Forest Oak Elementary School Red Clay Consolidated School District K–5 Newark 3.75 mi
Gallaher (Robert S.) Elementary School Christina School District K–5 Newark 3.84 mi
Cecil Manor Elementary Cecil County Public Schools Preschool–5 Elkton 4.12 mi
Brader (Henry M.) Elementary School Christina School District K–5 Newark 4.2 mi
Heritage Elementary School Red Clay Consolidated School District K–5 Wilmington 4.24 mi
Academia Antonia Alonso Academia Antonia Alonso K–6 Newark 4.28 mi
Linden Hill Elementary School Red Clay Consolidated School District K–5 Wilmington 4.45 mi
Marshall (Thurgood) Elementary School Christina School District K–5 Newark 4.52 mi
Jones (Albert H.) Elementary School Christina School District K–5 Newark 4.81 mi

Public Middle (9 schools)

School District Grades Place Distance
Brennen School (The) Christina School District Preschool–12 Newark 2.2 mi
Kirk (George V.) Middle School Christina School District 6–8 Newark 2.29 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 2.44 mi
Shue-Medill Middle School Christina School District 6–8 Newark 2.47 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–11 Newark 2.51 mi
Gauger-Cobbs Middle School Christina School District 6–8 Newark 2.55 mi
Newark Charter School Newark Charter School K–12 Newark 3.07 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 3.7 mi
Skyline Middle School Red Clay Consolidated School District 6–8 Wilmington 4.22 mi

Public High (9 schools)

School District Grades Place Distance
Newark High School Christina School District 9–12 Newark 0.68 mi
Brennen School (The) Christina School District Preschool–12 Newark 2.2 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 2.44 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–11 Newark 2.51 mi
Newark Charter School Newark Charter School K–12 Newark 3.07 mi
Christiana High School Christina School District 6–12 Newark 3.22 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 3.7 mi
Glasgow High School Christina School District 9–12 Newark 3.89 mi
Dickinson (John) School Red Clay Consolidated School District 6–12 Wilmington 4.94 mi

Private (14 schools)

School Grades Place Distance
University Of Delaware Lab Preschool Nonsectarian Preschool–K Newark 0.97 mi
The College School Nonsectarian 2–8 Newark 0.97 mi
Newark Center For Creative Learning Nonsectarian K–8 Newark 1.11 mi
Holy Angels School Roman Catholic Preschool–8 Newark 1.65 mi
Towle Institute Christian (no specific denomination) 4–12 Newark 2.67 mi
Islamic Academy Of Delaware Islamic Preschool–8 Newark 2.92 mi
Tarbiyah Islamic School Of Delaware Islamic Preschool–8 Newark 3.12 mi
Tarbiyah School Islamic Preschool–9 Newark 3.35 mi
Tutor Time Child Care Nonsectarian Preschool–K Newark 3.61 mi
St Mark's High School Roman Catholic 9–12 Wilmington 3.98 mi
The New School Nonsectarian Ungraded Newark 4.13 mi
Destiny Calling Academy Christian (no specific denomination) K–12 Wilmington 4.33 mi
The Independence School Nonsectarian Preschool–8 Newark 4.44 mi
Learning Express Academy Nonsectarian K–8 Newark 4.82 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Newark (19711), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $56,169

Community Summary

  • Population Density (ppl / mile): 1,919
  • Household Size (ppl): 2.57
  • Households w/ Children: 42%

Housing Inventory

  • Owned: 12,474 (58.6%)
  • Rented: 7,209 (33.9%)
  • Vacant: 1,592 (7.5%)
  • Total: 21,275

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 52,547
Households: 19,683
Median Age: 35.20

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.6%
  • Some High School: 3.0%
  • High School Graduate: 21.4%
  • Some College: 16.4%
  • Associate Degree: 8.3%
  • Bachelor's Degree: 26.5%
  • Graduate Degree: 22.9%

Income by dollar range

Median Income: $77,188

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,016
  • One Bedroom: $1,049
  • Two Bedroom: $1,261
  • Three Bedroom: $1,617
  • Four Bedroom: $1,853

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Crown Homes Real Estate , (302) 504-6147

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 10/13/2024.

115-1/2 E Cleveland Avenue, Newark, DE 19711-2213

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