Long term 5 unit apartment building in New Castle. Property fully rented, (1) 3 bedroom, (3) 2 bedroom & (1) 1 bedroom units. Tenants pay seperate heat, owner pays for water, sewer & trash. Plenty of parking, roof updated 5 years ago, combination of gas forced air units, electric baseboard and mini-split. Great corner lot, property generates $62K a year in income, great investment to add to your real estate portfolio. Owner is a licensed Delaware Realtor. Call today to view, please give 48 hour notice.
New Castle is located in Delaware. New Castle, Delaware has a population of 5,482. New Castle is less family-centric than the surrounding county with 21.3% of the households containing married families with children. The county average for households married with children is 27.86%.
The median household income in New Castle, Delaware is $83,651. The median household income for the surrounding county is $78,428 compared to the national median of $69,021. The median age of people living in New Castle is 50.1 years.
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 23.9 degrees. The average rainfall is approximately 44.9 inches per year, with 12.4 inches of snow per year.
