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Description

Prime Investment Opportunity " An exceptional investment opportunity awaits with two well-maintained properties in the heart of Dover's redevelopment zone. These properties offer strong rental income, future appreciation potential, and flexible usage options under C-1 zoning. Property Details: 203 E Blackwell Street " 3-Family Home Strong rental income " Unit 1: Vacant for sale (potential $1,800+ rent) Unit 2: $1,800/mo. Unit 3: $2,000/mo. Spacious 200' deep lot " offering potential for expansion or redevelopment. Well-maintained " newer roof, utilities, and windows. 207 " Single-Family Home - Currently rented for $3,200/month " immediate cash flow. Newer roof, windows, and utilities Fenced-in rear lot with permitted outdoor storage and a 2-car detached garage Investment Highlights: Buy together or separately " flexible purchase options Off-street parking & separate utilities " reducing operational costs Zoned C-1 " allowing for redevelopment, mixed-use, or continued rental growth. Major urban development underway across the street " ensuring future appreciation. Upscale rent escalation potential " maximizing long-term ROI. Why Invest Here? Immediate cash flow with existing rentals. Future development potential in a prime growth area. Stable, well-maintained assets for a secure investment. Don't miss this rare opportunity to discuss purchase options and investment strategies!

Features

Heating System : Heat Pump, 4+ Units, Baseboard - Hotwater, Multi-zone
Cooling System : Wall A/c Unit(s), Window A/c(s)
Basement : Full, Crawl Space
Roof Deck : Asphalt Shingle
Furnished : Tile, Wood, Laminate
Lot Description: Level Lot, Open Lot
Tax Assessed Valuation: 334800
Sewer: Public Sewer
Water: Public Water

Appliances

Utilities: Electric, Gas-Natural
Internet

Additional Info

Office Name: RE/MAX SELECT
Office MLS ID: 158143
Agent ID: 234919
Tax: 17500
Tax Year: 2024
Application Fee: $0
Zoning: C-1

Commercial For Sale

For Sale

$1,400,000

203 E Blackwell St Abc, Dover Town, *

50 Acre
Built Year 1900

Details

Property Type: Commercial
Listing Type: For Sale
Listing ID: 5345308
Price: $1,400,000
Bedrooms: 0
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1900
Year Built Description: Approximate, Renovated
Lot Area: 50 Acre
Status: Active
Days On Market: 1

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Morris
City Dover Town
Zipcode *
Street: E Blackwell St Abc
Street Number: 203
Street Direction: Route 46 to Dover Rockaway Road to East Blackwell
Building Name: 207
Floor Number: 0
Longitude: W75° 27' 5.1''
Latitude: N40° 53' 6.6''
Internet Display Address: Yes