Your Source for Buying and Selling Historic Properties
To About Page Historic Properties Home Page Buy a House Sell Your Property Old Home Resources

 
Dover, Delaware State Street Inn
1911 Craftsman
Dover, Delaware
$975,000



Craftsman home
Includes professionally designed sign, business name, customer database and good will.

Price includes:

  • 5 bedroom home with 5 ½ baths
    • Home is approximately 5000 square feet
    • Includes all top of the line appliances
    • Income potential for 50% vacancy rate for 4 guest rooms at $125 per night
    • $7,500.00 per month.
  • Carriage house
    • Above oversized 2 car garage and
    • 2 bedroom apartment with washer, dryer, range, refrigerator, dishwasher, B-I Microwave. Also includes full bath.
    • Rental income of $1,100.00 with utilities.
  • Total income of $8,600.00
  • Outside:
    • Storage shed
    • Screened gazebo
    • Professional putting green
    • Fish pond
    • Extensive landscaping
    • Corner lot
    • Parking for 8 automobiles

Property is Zoned RG1 which allows a home business. There is a special use permit for the B&B which would be allowed by the City of Dover. Total City and County property taxes are $2,915.00

Additional information:
Property was totally renovated with-in past three+ years. The apartment has new windows, floors (laminate wood- look flooring) new bath, kitchen, heat/CA and appliances. It is located on ½ lot in the center of Dover on the main street going through the historic center of Dover.

Home, built in 1911, has been totally renovated (a two year project) and new addition added for main bedroom and bath on first level. The original floors were sanded and refinished (heart of cedar), crown molding added in entire home, 4 baths added for each guest room with tiled floors and whirlpool tub in 2 baths.

There is 3 zone heating and a/c for the home. All electric and plumbing has been updated and new venting for heat installed. Also included is new lighting fixtures. The kitchen has granite countertops, all stainless steel appliances including Thermodore Commercial Range with gas burners and electric ovens, griddle and grill. There is also stainless steel back with shelves and commercial vent hood. Cabinets are maple with cherry stain and there is ample counter and cabinet space.

There is a large breakfast room with TV/ sitting area at end of room, an exercise room, formal living room with brick fireplace (gas insert), formal dining room, enclosed sun porch, wet bar with cabinets, and powder room in addition to the 5 bedrooms. There is a full basement under original home.

All work was done by quality craftsman. The property is located in the Victorian Historic District. It is within walking distance to Wesley College, downtown area and The Historic Green. The property is also located within a ½ mile to Dover Downs Raceway and Casino, local museums and only 40 minutes to beaches and outlets.

Property is owned by a licensed Realtor. See more at www.statestreetinn.com

Yvonne Hall
302-677-1300 or cell 302-423-0223
yvonnehall@kw.com
www.statestreetinn.com