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202 E Ayre St
Newport, DE 19804
Multifamily Property For Sale
·
19 Units
Property Facts
| No. Units | 19 | Lot Size | 0.61 AC |
| Property Type | Multifamily | Building Size | 18,580 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | B | Parking Ratio | 0.8/1,000 SF |
| Zoning | Commercial | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.61 AC |
| Building Size | 18,580 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | Commercial |
About 202 E AYRE ST , NEWPORT, DE 19804
The E. Ayre Street Apartments is a unique opportunity to invest in a property that produces a reliable and substantial cash flow. The total of 23 units includes 19 apartment units, all of which are either 2-bedroom or 3-bedroom units, and 4 commercial garage/office units. Also included is a basement office space. The property boasts a long history of very good occupancy. Heat and hot water is included in the rent for 10 of the 23 units, the remaining units' cost for those services are borne by the tenant. E. Ayre St. is in Newport, DE, just 2 blocks from the Stanton exit off of Route 141. The neighborhood is a mix between residential and industrial.
Property Taxes
| Parcel Number | 20-004.00-004 | Improvements Assessment | $151,100 |
| Land Assessment | $78,400 | Total Assessment | $229,500 |
Property Taxes
Parcel Number
20-004.00-004
Land Assessment
$78,400
Improvements Assessment
$151,100
Total Assessment
$229,500
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