701 East Avenue, New Castle, DE 19720-6218 $324,900

Beds/Baths: 6/3
Interior Sq. Ft: 1,075
Acreage: 0.13
Age:94 years
Style:
Ranch/Rambler
MLS#: DENC2071236
Subdivision: Holloway Terrace
Design/Type:
Detached

Description

Attention all investors, are you looking for a cash cow? then this property is for you, welcome to 701 East Ave in New Castle; this large property seats on a large lot that may be subdivided(please check with county). Property is being used and rented as a rooming house consisting of 6 rooms and 3 full baths, plus there's a detached garage which was converted to a 2 bedroom 1bath apartment(now owner occupied) which was previously rented by the room, for a grand total of 8 rooms , each room rents for $600 per month. Property has two fronts and a large parking space for 9 cars. Appointment Only, Tenant occupied, 48 hour notice required Agent or Owner must be present. Call agent for full financials. Property sold AS-IS no repairs will be made by owner, inspections for information only.

Taxes: $1,110
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Colonial

Features

Utilities
Central Heating, Forced Air Heating, Natural Gas, Central A/C, Electric, Hot Water - Electric, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
Parking Lot

Interior
Fully Finished Basement, Accessibility - 2+ Access Exits

Exterior
Concrete Perimeter Foundation, Aluminum Siding, Vinyl Siding

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 (26 schools)

School District Grades Place Distance
Eisenberg (Harry O.) Elementary School Colonial School District K–5 New Castle 0.99 mi
Leach (John G.) School Colonial School District Preschool–12 New Castle 1.12 mi
The Colwyck Center Colonial School District Preschool New Castle 1.13 mi
Charter School of New Castle Charter School of New Castle K–8 New Castle 1.46 mi
Castle Hills Elementary School Colonial School District K–5 New Castle 1.75 mi
Wilmington Manor Elementary School Colonial School District K–8 New Castle 2.3 mi
New Castle Elementary School Colonial School District K–5 New Castle 2.78 mi
The Bancroft School Christina School District 1–9 Wilmington 2.86 mi
Downie (Carrie) Elementary School Colonial School District K–5 New Castle 2.9 mi
Richardson Park Elementary School Red Clay Consolidated School District K–5 Wilmington 2.97 mi
Stubbs Early Education Center Christina School District Preschool–K Wilmington 3.11 mi
First State Montessori Academy First State Montessori Academy K–8 Wilmington 3.14 mi
Kuumba Academy Charter School Kuumba Academy Charter School K–8 Wilmington 3.27 mi
Douglass School Christina School District 1–12 Wilmington 3.29 mi
The Bayard School Christina School District 1–8 Wilmington 3.36 mi
Edison (Thomas A.) Charter School Edison (Thomas A.) Charter School K–8 Wilmington 3.44 mi
Lewis (William C.) Dual Language Elementary School Red Clay Consolidated School District K–5 Wilmington 3.52 mi
First State School Red Clay Consolidated School District 1–10 Wilmington 3.6 mi
Richey Elementary School Red Clay Consolidated School District K–5 Wilmington 3.6 mi
Shortlidge (Evan G.) Academy Red Clay Consolidated School District K–2 Wilmington 3.65 mi
East Side Charter School East Side Charter School K–8 Wilmington 3.79 mi
Warner Elementary School Red Clay Consolidated School District 3–5 Wilmington 4.09 mi
Baltz (Austin D.) Elementary School Red Clay Consolidated School District K–5 Wilmington 4.21 mi
Johnson (Joseph E. Junior) Elementary School Red Clay Consolidated School District K–5 Wilmington 4.45 mi
Harlan (David W. ) Elementary School Brandywine School District Preschool–5 Wilmington 4.46 mi
Pleasantville Elementary School Colonial School District K–5 New Castle 4.83 mi

Public Middle (7 schools)

School District Grades Place Distance
McCullough (Calvin R. ) Middle School Colonial School District 6–8 New Castle 0.75 mi
Leach (John G.) School Colonial School District Preschool–12 New Castle 1.12 mi
Read (George) Middle School Colonial School District 6–8 New Castle 2.68 mi
The Bancroft School Christina School District 1–9 Wilmington 2.86 mi
Douglass School Christina School District 1–12 Wilmington 3.29 mi
First State School Red Clay Consolidated School District 1–10 Wilmington 3.6 mi
duPont (Pierre S.) Middle School Brandywine School District 6–8 Wilmington 4.53 mi

Public High (13 schools)

School District Grades Place Distance
Leach (John G.) School Colonial School District Preschool–12 New Castle 1.12 mi
Delaware Military Academy Delaware Military Academy 9–12 Wilmington 2.64 mi
The Bancroft School Christina School District 1–9 Wilmington 2.86 mi
Penn (William) High School Colonial School District 9–12 New Castle 3.01 mi
Howard High School of Technology New Castle County Vocational-Technical School District 9–12 Wilmington 3.2 mi
Great Oaks Charter School Great Oaks Charter School 8–12 Wilmington 3.27 mi
Douglass School Christina School District 1–12 Wilmington 3.29 mi
Conrad Schools of Science Red Clay Consolidated School District 6–12 Wilmington 3.41 mi
Freire Charter School Freire Charter School Wilmington 8–12 Wilmington 3.49 mi
First State School Red Clay Consolidated School District 1–10 Wilmington 3.6 mi
Charter School of Wilmington Charter School of Wilmington 9–12 Wilmington 4.38 mi
Calloway (Cab) School of the Arts Red Clay Consolidated School District 6–12 Wilmington 4.38 mi
Delcastle Technical High School New Castle County Vocational-Technical School District 9–12 Wilmington 4.75 mi

Private (25 schools)

School Grades Place Distance
St Peter Catholic School Roman Catholic Preschool–8 New Castle 2.7 mi
Harvest Christain Academy Wilmington Christian (no specific denomination) Preschool–12 New Castle 2.87 mi
Darul Amaanah Academy Islamic K–8 Wilmington 2.88 mi
St Michaels School & Nursery Inc Nonsectarian Preschool–K Wilmington 2.91 mi
St Peter Cathedral School Roman Catholic Preschool–8 Wilmington 3.04 mi
Delaware Christian Academy Baptist Preschool–8 New Castle 3.05 mi
Delaware Valley Classical School Christian (no specific denomination) K–12 New Castle 3.06 mi
St Elizabeth School Roman Catholic Preschool–12 Wilmington 3.08 mi
Serviam Girls Academy Roman Catholic 5–8 Wilmington 3.26 mi
High Road School Of Delaware Nonsectarian 3–12 Wilmington 3.27 mi
Urban Promise Academy Nonsectarian 7–11 Wilmington 3.28 mi
Nativity Preparatory School Of Wilmington Roman Catholic 5–8 Wilmington 3.31 mi
Urban Promise School Other Preschool–6 Wilmington 3.54 mi
Padua Academy Roman Catholic 9–12 Wilmington 3.71 mi
Ursuline Academy Lower Roman Catholic K–5 Wilmington 3.73 mi
Sharon Temple Adventist School Seventh-Day Adventist K–8 Wilmington 3.85 mi
St Anthony Of Padua Grade School Roman Catholic Preschool–8 Wilmington 3.89 mi
All Saints Catholic School Roman Catholic Preschool–8 Wilmington 3.98 mi
Salesianum School Roman Catholic 9–12 Wilmington 4.32 mi
Augustine Hills School Nonsectarian 4–11 Wilmington 4.37 mi
Maranatha Christian Academy Brethren K–6 Wilmington 4.38 mi
St Ann School Roman Catholic Preschool–8 Wilmington 4.47 mi
Program For Rigor And Innovation In Education Nonsectarian 6–8 Wilmington 4.81 mi
Tower Hill School Nonsectarian Preschool–12 Wilmington 4.84 mi
Wilmington Friends School Friends Preschool–12 Wilmington 4.85 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for New Castle (19720), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 25
  • Average salary of people in this community: $46,442

Community Summary

  • Population Density (ppl / mile): 1,455
  • Household Size (ppl): 2.74
  • Households w/ Children: 63%

Housing Inventory

  • Owned: 14,648 (63.6%)
  • Rented: 6,799 (29.5%)
  • Vacant: 1,585 (6.9%)
  • Total: 23,032

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: 59,664
Households: 21,447
Median Age: 39.50

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: 4.0%
  • Some High School: 7.8%
  • High School Graduate: 41.7%
  • Some College: 18.9%
  • Associate Degree: 6.7%
  • Bachelor's Degree: 12.6%
  • Graduate Degree: 8.2%

Income by dollar range

Median Income: $62,879

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: $986
  • One Bedroom: $917
  • Two Bedroom: $1,134
  • Three Bedroom: $1,355
  • Four Bedroom: $1,535

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Concord Realty Group , (302) 477-0400, tiagianakis@gmail.com

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 11/21/2024.

701 East Avenue, New Castle, DE 19720-6218

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.