32 W NORTH Street Smyrna, DE 19977
MULTI_FAMILY - Other - SMYRNA, DE
- Added:
- Apr 11, 2026
- Days on Market:
- 94
- Last Refresh:
- Jul 13 at 8:06 am
Property Features for 32 W NORTH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Appliances
- Dryer, Oven/Range - Electric, Refrigerator, Washer, WaterHeater
- Standard status
- Active
- Size
- 2,438 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 143
Building Details
- Year built
- 1900
- Number of units
- 1
- Building materials
- Frame
- Architectural style
- Other
Listing agent Albert C Leskovar Jr. License #RS-0018925 (302) 423-0276
Listing office Myers Realty 1056 State Street, Dover, DE (302) 674-4255
Listing date Apr 11, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Great rental income potential.
- Both units are currently occupied.
- Both sides recently remodeled.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.5k | $16.20 |
| − Vacancy | −$1.8k | −$0.72 |
| EGI | $37.7k | $15.48 |
| − OpEx | −$11.3k | −$4.64 |
| NOI | $26.4k | $10.83 |
