Smyrna, DE 19977,112 S DELAWARE ST
Smyrna, DE 19977,112 S DELAWARE ST
Smyrna, DE 19977,112 S DELAWARE ST
Smyrna, DE 19977,112 S DELAWARE ST
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$25,000

$30,000

16.7%
Est.Price: ?

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Est. payment /mo

2,613 Sqft Lot


SOLD DATE : 01/24/2025

Key Details

Sold Price $25,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DEKT2026818

Sold Date 01/24/25

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $90

Tax Year 2023

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25.00 x 105.70

Property Description

Discover an exceptional development opportunity in the heart of Smyrna's Downtown Development District with this unique, cleared parcel of land. Located within city limits, this property presents a rare chance to partake in the area's revitalization, especially with current grants offering significant financial incentives. When you invest in building on this land, you're eligible to receive 20% back on your construction costs, exclusive of the land's purchase price. For example, a $100K investment in your new home could earn you a $20K rebate, making it an ideal choice for both personal and investment purposes.

While the property is somewhat narrow, it offers the creative potential for a distinctive, long and narrow home design, adding a unique character to your project. This does mean that obtaining a variance from the city's planning, zoning, and council authorities will be necessary due to the side yard setbacks. But the effort is well worth it, given the property's prime location. It's just a short walk to downtown's vibrant scene and a nearby school, placing future residents at the center of convenience and community life.

This land isn't just a piece of property; it's a foundation for your vision and a substantial contribution to the thriving future of Smyrna. Take this chance to build something truly special, whether it's your dream home or an innovative investment.

Location

State DE

County Kent

Area Smyrna (30801)

Zoning RESIDENTIAL

Exterior

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District Smyrna

Others

Tax ID DC-17-01017-05-5200-000

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by JOSE ANTONIO SANTOS • Century 21 Home Team Realty
Bought with Angel L Cabazza • Tri-County Realty
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