House for sale 701 East Avenue, New Castle, DE 19720-6218

701 East Avenue, New Castle, DE 19720-6218 $310,000

Make Appointment

Beds/Baths: 6/3
Interior Sq. Ft: 1,075
Acreage: 0.13
Age:95 years
Style:
Ranch/Rambler

MLS#: DENC2071236
Subdivision: Holloway Terrace
Design/Type:
Detached

Description

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.

Taxes: $1,094
Home Assoc: No
Condo Assoc: No

Garage: N
Basement: Y
Pool: No Pool

School Dist: Colonial

Features

Utilities
Central Heating, Forced Air Heating, Natural Gas, Central A/C, Electric, Hot Water - Electric, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
Parking Lot

Interior
Fully Finished Basement, Accessibility - 2+ Access Exits

Exterior
Concrete Perimeter Foundation, Aluminum Siding, Vinyl Siding

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (26 schools)

School	District	Grades	Place	Distance
Eisenberg (Harry O.) Elementary School	Colonial School District	K–5	New Castle	0.99 mi
Leach (John G.) School	Colonial School District	Preschool–12	New Castle	1.12 mi
The Colwyck Center	Colonial School District	Preschool	New Castle	1.13 mi
Charter School of New Castle	Charter School of New Castle	K–8	New Castle	1.46 mi
Castle Hills Elementary School	Colonial School District	K–5	New Castle	1.75 mi
Wilmington Manor Elementary School	Colonial School District	K–8	New Castle	2.3 mi
New Castle Elementary School	Colonial School District	K–5	New Castle	2.78 mi
The Bancroft School	Christina School District	1–9	Wilmington	2.86 mi
Downie (Carrie) Elementary School	Colonial School District	K–5	New Castle	2.9 mi
Richardson Park Elementary School	Red Clay Consolidated School District	K–5	Wilmington	2.97 mi
Stubbs Early Education Center	Christina School District	Preschool–K	Wilmington	3.11 mi
First State Montessori Academy	First State Montessori Academy	K–8	Wilmington	3.14 mi
Kuumba Academy Charter School	Kuumba Academy Charter School	K–8	Wilmington	3.27 mi
Douglass School	Christina School District	1–12	Wilmington	3.29 mi
The Bayard School	Christina School District	1–8	Wilmington	3.36 mi
Edison (Thomas A.) Charter School	Edison (Thomas A.) Charter School	K–8	Wilmington	3.44 mi
Lewis (William C.) Dual Language Elementary School	Red Clay Consolidated School District	K–5	Wilmington	3.52 mi
First State School	Red Clay Consolidated School District	1–10	Wilmington	3.6 mi
Richey Elementary School	Red Clay Consolidated School District	K–5	Wilmington	3.6 mi
Shortlidge (Evan G.) Academy	Red Clay Consolidated School District	K–2	Wilmington	3.65 mi
East Side Charter School	East Side Charter School	K–8	Wilmington	3.79 mi
Warner Elementary School	Red Clay Consolidated School District	3–5	Wilmington	4.09 mi
Baltz (Austin D.) Elementary School	Red Clay Consolidated School District	K–5	Wilmington	4.21 mi
Johnson (Joseph E. Junior) Elementary School	Red Clay Consolidated School District	K–5	Wilmington	4.45 mi
Harlan (David W. ) Elementary School	Brandywine School District	Preschool–5	Wilmington	4.46 mi
Pleasantville Elementary School	Colonial School District	K–5	New Castle	4.83 mi

Public Middle (7 schools)

School	District	Grades	Place	Distance
McCullough (Calvin R. ) Middle School	Colonial School District	6–8	New Castle	0.75 mi
Leach (John G.) School	Colonial School District	Preschool–12	New Castle	1.12 mi
Read (George) Middle School	Colonial School District	6–8	New Castle	2.68 mi
The Bancroft School	Christina School District	1–9	Wilmington	2.86 mi
Douglass School	Christina School District	1–12	Wilmington	3.29 mi
First State School	Red Clay Consolidated School District	1–10	Wilmington	3.6 mi
duPont (Pierre S.) Middle School	Brandywine School District	6–8	Wilmington	4.53 mi

Public High (13 schools)

School	District	Grades	Place	Distance
Leach (John G.) School	Colonial School District	Preschool–12	New Castle	1.12 mi
Delaware Military Academy	Delaware Military Academy	9–12	Wilmington	2.64 mi
The Bancroft School	Christina School District	1–9	Wilmington	2.86 mi
Penn (William) High School	Colonial School District	9–12	New Castle	3.01 mi
Howard High School of Technology	New Castle County Vocational-Technical School District	9–12	Wilmington	3.2 mi
Great Oaks Charter School	Great Oaks Charter School	8–12	Wilmington	3.27 mi
Douglass School	Christina School District	1–12	Wilmington	3.29 mi
Conrad Schools of Science	Red Clay Consolidated School District	6–12	Wilmington	3.41 mi
Freire Charter School	Freire Charter School Wilmington	8–12	Wilmington	3.49 mi
First State School	Red Clay Consolidated School District	1–10	Wilmington	3.6 mi
Calloway (Cab) School of the Arts	Red Clay Consolidated School District	6–12	Wilmington	4.38 mi
Charter School of Wilmington	Charter School of Wilmington	9–12	Wilmington	4.38 mi
Delcastle Technical High School	New Castle County Vocational-Technical School District	9–12	Wilmington	4.75 mi

Private (25 schools)

School		Grades	Place	Distance
St Peter Catholic School	Roman Catholic	Preschool–8	New Castle	2.7 mi
Harvest Christain Academy Wilmington	Christian (no specific denomination)	Preschool–12	New Castle	2.87 mi
Darul Amaanah Academy	Islamic	K–8	Wilmington	2.88 mi
St Michaels School & Nursery Inc	Nonsectarian	Preschool–K	Wilmington	2.91 mi
St Peter Cathedral School	Roman Catholic	Preschool–8	Wilmington	3.04 mi
Delaware Christian Academy	Baptist	Preschool–8	New Castle	3.05 mi
Delaware Valley Classical School	Christian (no specific denomination)	K–12	New Castle	3.06 mi
St Elizabeth School	Roman Catholic	Preschool–12	Wilmington	3.08 mi
Serviam Girls Academy	Roman Catholic	5–8	Wilmington	3.26 mi
High Road School Of Delaware	Nonsectarian	3–12	Wilmington	3.27 mi
Urban Promise Academy	Nonsectarian	7–11	Wilmington	3.28 mi
Nativity Preparatory School Of Wilmington	Roman Catholic	5–8	Wilmington	3.31 mi
Urban Promise School	Other	Preschool–6	Wilmington	3.54 mi
Padua Academy	Roman Catholic	9–12	Wilmington	3.71 mi
Ursuline Academy Lower	Roman Catholic	K–5	Wilmington	3.73 mi
Sharon Temple Adventist School	Seventh-Day Adventist	K–8	Wilmington	3.85 mi
St Anthony Of Padua Grade School	Roman Catholic	Preschool–8	Wilmington	3.89 mi
All Saints Catholic School	Roman Catholic	Preschool–8	Wilmington	3.98 mi
Salesianum School	Roman Catholic	9–12	Wilmington	4.32 mi
Augustine Hills School	Nonsectarian	4–11	Wilmington	4.37 mi
Maranatha Christian Academy	Brethren	K–6	Wilmington	4.38 mi
St Ann School	Roman Catholic	Preschool–8	Wilmington	4.47 mi
Program For Rigor And Innovation In Education	Nonsectarian	6–8	Wilmington	4.81 mi
Tower Hill School	Nonsectarian	Preschool–12	Wilmington	4.84 mi
Wilmington Friends School	Friends	Preschool–12	Wilmington	4.85 mi

This report is a detailed community overview for New Castle (19720), Delaware.

Community Quick Facts

Average travel time to work for people in this community: 25
Average salary of people in this community: $46,442

Community Summary

Population Density (ppl / mile): 1,455
Household Size (ppl): 2.74
Households w/ Children: 63%

Housing Inventory

Owned: 14,648 (63.6%)
Rented: 6,799 (29.5%)
Vacant: 1,585 (6.9%)
Total: 23,032

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 59,664

Households: 21,447

Median Age: 39.50

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

Less than 9th Grade: 4.0%
Some High School: 7.8%
High School Graduate: 41.7%
Some College: 18.9%

Associate Degree: 6.7%
Bachelor's Degree: 12.6%
Graduate Degree: 8.2%

Income by dollar range

Median Income: $62,879

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio: $986
One Bedroom: $917
Two Bedroom: $1,134

Three Bedroom: $1,355
Four Bedroom: $1,535

Contact Information

Schedule an Appointment to See this Home
Request more information
or call me now at 302-893-2219

Listing Courtesy of: Concord Realty Group , (302) 477-0400, tiagianakis@gmail.com

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 Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/15/2025.

Homes for Sale Nearby

$350,000 ≫ More Info Nearby for Sale

$332,900 ≫ More Info Recently Sold

Market Trends

New Castle, DE
Homes for Sale: 82
Average List Price:
$363,660
Sold Last 90 Days: 182
Median Sold Price:
$305,500

Estimated Payment

Monthly @6.71%
$1,601.93
30 year fixed
20% down

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STEVE SHANUS

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