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61 Kennard Dr, Newark, DE, 19711
Student Rental Income Property

61 Kennard Dr Newark, DE 19711

For Sale
Contact for pricing
Pending

Four student rental units on one property are fully occupied, with leases secured for three units for the next year.

Days on Market103

Property Features for 61 Kennard Dr

General Information

Standard status
Pending
Property subtype
Multifamily
Listing Agency: eXp Commercial
Listed By: Lori Livingston · License #PA 336930
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Jul 23 at 9:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial


Investment Insights

Based on property information with market context.

This offering presents an opportunity to own (4) student rental units in a single property. The units are described as fully occupied for the 2021–2022 year, and leases are secured for (3) of (4) units for the 2022–2023 year.

The property is positioned on the same block, and the listing notes that all tenants pay all utilities.

The current rent collection and lease status are provided in the public remarks, with the property currently operating as a student rental arrangement across four units.

Key Highlights

  • Own four student rental units on the same block in Newark, DE.
  • Property is fully occupied for the 2021–2022 year.
  • All tenants pay all utilities.

Property Analytics

Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Hair Salon Nail Salon Storage Facility (Bike/Boat/Book/etc) Store Spa & Massage Center Kitchen & Bath Showroom Electrical Service Carpet & Flooring Store Skin Care Clinic (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Four student rental units on one property are fully occupied, with leases secured for three units for the next year.
Where is this multifamily property located?
The property is located at 61 Kennard Dr Newark, DE.
What are key features of this property?
This property features: Own four student rental units on the same block in Newark, DE.; Property is fully occupied for the 2021–2022 year.; All tenants pay all utilities.
(484) 947-7137 Call to check price and availability
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