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MLS# DENC2069342 – 130 Madison Drive, Newark, DE 19711

Open House
Sat October 5th  12:00pm — 1:30pm
Price: $230,000
Beds: 4
Baths: 1 full, 1 half
Living Area SqFt: 1,120
Status: Active
Property Type: Townhouse
Lot Size Acres: 0.04
Lot Size SqFt: 1,742
Year Built: 1954
Neighborhood: College Park
Days on Website: 3

Courtesy of David Landon, Patterson-Schwartz-Newark ccashman@psre.com

Property Description

Opportunity knocks! This west Newark townhome is an income producing rental property in great condition. Hardwood floors in the living room, dining room and bedrooms. Three bedrooms and full bath upstairs. Partially finished basement with 4th BR or den and half bath. Egress from the basement to the parking area behind the home. Valid City of Newark permit transfers with ownership. Passed inspection by the city in September 2024. Tenant in place until July 31st, 2025. New owner to assume lease. Lease is for $1,675 per month. New heat pump in 2019 (oil heater was removed). As a courtesy to the tenant, showing times are restricted to Friday 4-7 and Saturday 12-3. By appointment only. Photos are from when property was not occupied.

Open House

Property Details and Features

  • Basement
  • Partially Finished
  • Bathrooms
  • 2 total bathrooms
  • 1 bathroom on all lower levels
  • 1 bathroom on all upper levels
  • 1 full bathroom
  • 1 half bathroom
  • Bedrooms
  • 3 bedrooms on upper levels
  • 4 bedrooms
  • Building
  • 1,120 sqft living area
  • 1,120 sqft above grade (finished)
  • Built in 1954
  • Structure Type: Interior Row/Townhouse
  • 2 levels
  • Colonial
  • Brick
  • Cooling
  • Central Air
  • Electric
  • Central A/C
  • Heat Pump(s)
  • Exterior Features
  • Exterior Lighting
  • Floors
  • Hardwood
  • Vinyl
  • Foundation
  • Block
  • Heating
  • Electric
  • Heat Pump – Electric BackUp
  • Laundry
  • Basement
  • Listing
  • 2 days on market
  • $205 per sqft
  • Property SubType: Townhouse
  • Concession In Price: N
  • Location
  • County: New Castle
  • MLS Area: Newark/Glasgow (30905)
  • Subdivision: College Park
  • Lot
  • 1,742 sqft
  • 0.04 acres
  • Parking
  • Paved Parking
  • Property
  • Other Structures: Above Grade,Below Grade
  • Schools
  • School District: CHRISTINA
  • Elementary School: DOWNES
  • Middle School: SHUE-MEDILL
  • High School: NEWARK
  • Sewer
  • Public Sewer
  • Taxes
  • City/Town Tax: $306
  • County Tax: $108
  • School Tax: $1,359
  • Tax Annual Amount: $1,773
  • Tax Year: 2024
  • Utilities
  • Hot Water: Electric

Property Map

$230,000 – 130 Madison Drive, Newark, DE 19711

Street View

Nearby Schools

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This content last updated on October 5, 2024 1:02PM.