Property

Newark, DE 19711 130 Madison Drive

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Presented By: Patterson-Schwartz-Newark
  • MLS# DENC2069342
  • 10/01/2024
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  • Beds • 4
  • Full/Half Baths • 1 / 1
  • SQFT • 1,120

Home Details

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.
Presented By: Patterson-Schwartz-Newark

Interior Features for 130 Madison Drive

Bedrooms

Bedrooms Count All Lower Levels1
Bedrooms Count All Upper Levels3
Bedrooms Count Lower Level 11
Bedrooms Count Upper Level 13
Total Bedrooms4

Bathrooms

Bathrooms Half Lower Level 11
Bathrooms Half All Lower Levels1
Bathrooms Full Upper Level 11
Bathrooms Full All Upper Levels1
Bathrooms Count Upper Level 11.00
Bathrooms Count Lower Level 11.00
Bathrooms Count All Upper Levels1
Bathrooms Count All Lower Levels1
Half Baths1
Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area1120
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
BasementPartially Finished
Basement (Y/N)Yes
Below Grade Finished Area0
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NYes
FlooringHardwood, Vinyl
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Laundry TypeBasement

Other Rooms

Room TypeLiving Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen

Room Details for 130 Madison Drive

Bedroom 2

area 14 X 8
level Upper 1
description Flooring - HardWood

Bedroom 3

area 10 X 9
level Upper 1
description Flooring - HardWood

Bedroom 4

area 14 X 9
level Lower 1
description Flooring - Vinyl

Dining Room

area 14 X 12
level Main
description Flooring - HardWood

Kitchen

area 18 X 6
level Main
description Flooring - Vinyl

Living Room

area 18 X 12
level Main
description Flooring - HardWood

Primary Bedroom

area 14 X 12
level Upper 1
description Flooring - HardWood

General for 130 Madison Drive

AccessibilityNone
Architectural StyleColonial
Building NameNONE AVAILABLE
CityNEWARK
Condo/Coop Association Y/NNo
Construction MaterialsBrick
Contingency TypeFinancing Approval
Cool FuelElectric
CoolingCentral A/C, Heat Pump(s)
CountyNEW CASTLE
DirectionsS Main Street to Lincoln Drive, right on Madison Drive
DisclosuresLead Based Paint - State, Prop Disclosure, Radon
Exterior FeaturesExterior Lighting
Full Baths1
Garage Y/NNo
HeatingHeat Pump - Electric BackUp
Home Owner AssocNo
Land Lease Y/NNo
Levels2
Living Area UnitsSquare Feet
Lot Size Square Feet1742.00
Lot Size UnitsSquare Feet
MLS AreaNewark/Glasgow (30905)
ModificationTimestamp2024-10-09T11:33:25
New ConstructionNo
Other StructuresAbove Grade, Below Grade
Percent OwnershipFee Simple
PossessionSubject to Existing Lease
Price Per Sq Ft Total AG205.36
Property TypeResidential
School DistrictCHRISTINA
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeInterior Row/Townhouse
Subdivision NameCOLLEGE PARK
Tax Annual Amount1773.0
Tax Assessed Value39600.0
Tax Year2024
Total SQFT1120
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1954
Year Built SourceEstimated
Zoning18RR

Exterior for 130 Madison Drive

Foundation DetailsBlock
Lot Size Acres0.04
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesPaved Parking
PoolNo Pool
Total Parking Spaces1
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

High School Newark High School
Middle School Shue-Medill Middle School
Elementary School Downes Elementary School

Derrick Sims

Associate
Price $230,000
MLS#DENC2069342
List Date 10/01/2024
Property Type Contingent
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