701 E Ave New Castle, DE 19720
Property details
About 701 E Ave
BACK ON THE MARKET, BUYER FINANCING FELL TROUGH. Attention all investors, excellent opportunity to buy this CASH COW property, welcome to 701 East Ave in New Castle; this property seats on a large lot that may be subdivided(please check with the County) house consists of 6 rooms and 3 full baths, plus there's a detached garage which was converted to a 2 bedroom 1bath apartment. House being used as a rooming house(rooms are rented individually) each room rents for $600 per month, all utilities are paid by the seller, financials available upon request. Property has two fronts and a large parking space for 9 cars. Appointment Only. Property sold AS-IS no repairs will be made by owner, inspections for information only.
Highlights
(ACTIVE)
Summary
- MLS Number: DENC2071236
- MLS Name: BRIGHT
- Office Name: Concord Realty Group
- Office Phone: (302) 477-0400
- Office Email: tiagianakis@gmail.com
- Listing Agent: Manuel M Alvarado
- Agent Phone: (302) 740-3684
- Agent Email: marioalvarado@verizon.net
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
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Last updated on: 3/12/2025, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$310,000
701 E Ave
$3,681
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $35,000 | $1,092 |
| 2021 | $35,000 | $1,137 |
| 2020 | $35,000 | $- |
| 2019 | $35,000 | $1,121 |
| 2018 | $35,000 | $1,049 |
| 2017 | $35,000 | $938 |
History based on county public records data.
Nearby schools
5
Harry O. Eisenberg Elementary School
Public District KG-5
1.0 mi
•27 Landers Ln
5
Castle Hills Elementary School
Public District KG-5
1.7 mi
•502 Moores Ln
6
Wilmington Manor Elementary School
Public District KG-5
2.3 mi
•200 E Roosevelt Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,426. Most New Castle, DE residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Figure Skating
Where do the neighbors shop?
Books-a-Million
Family Dollar
Burlington
Where do the neighbors go to eat?
Church's Chicken
White Castle
Bob Evans
What do the neighbors drive?
Toyota
Chevrolet
Oldsmobile
What do the neighbors listen to?
Adult Hits
Rock
Urban Adult Contemporary
Frequently asked questions
About 701 E Ave
This home is located at 701 E Ave in New Castle, DE and zip code 19720 in the Holloway Terrace neighborhood. This 1,075 square foot home, which was built in 1930, sits on a 0.13 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 4, 2024 and is currently priced at $310,000.
In February 2025, from all listings sold in New Castle, DE there were more than 12 sold above asking price, over 8 sold below and more than 12 were sold right at the asked price. The number of homes for sale in New Castle, DE decreased by 9.9% between January and February 2025. While the average time on the market in February 2025 was 24 days, the median list price was $300,000.