8 Commonwealth Avenue, Claymont, DE 19703-2012 $1,999,999

# of Units: 4
Interior Sq. Ft: 11,500
Acreage: 0.28
Age:107 years
Taxes: $5,600
MLS#: DENC2063150
Subdivision: Overlook Colony
Design/Type:
Detached

Description

Available now! 10 - 12 units, based on how it is broken down. Once in a lifetime opportunity to own an entire building with Commercial and Residential units. Updated financials will be added. Current owner has increased rents and made numerous improvements throughout. Perfect opportunity to buy now and utilize the increased Cash Flow (and not have to worry about getting costly repairs/upgrades completed). All payments from current tenants are being converted to online payments to make it very easy for the new owner to take over the reigns. Additional Notes Below: A building with a rich history stands proudly at the entrance to Overlook Colony. With the revitalization going on in Claymont, it has seen many changes since 1917 when constructed by General Chemical Company. Initially, the two-story building with a full basement was used as the community center for Overlook Colony and was placed at the main entrance just off of Philadelphia Pike. The Colony was planned and developed by General Chemical to house their employees in what were very nice, substantial homes at the time. Besides being called the community center it was later known as Redman's Hall; a meeting place for a fraternal group. It also housed activities of the Holy Rosary Church and stores including Shinn's and later, Steins. If you walk the halls of our building you will notice a lovely plaque that was presented to the three of us by the Claymont Fire Company. It commemorates the fact that many years ago, all of the organizational meetings of the fire company were held in our building. Also, up until 1924, when the Claymont School was built on a lot donated by General Chemical, the community center provided several rooms to take care of the educational needs of the children in the Colony. In 1989, new owners purchased the building and since then have tried to keep the glory of the building's former days while completely modernizing the structure. Because of our efforts, they were presented with a New Castle County Historic Preservation Award in 2000 and were given a grant of $2,500 from General Chemical in 2002 to help beautify the front of the building. Much thought, work, and finances have been expended over the years.

Taxes: $5,600
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Brandywine

Features

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

Garage/Parking
On Street

Interior
Combination Basement, Hardwood Flooring, Luxury Vinyl Plank Flooring

Exterior
Permanent Foundation, Slate Roof, Mixed Exterior, Stone Exterior

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 (18 schools)

School District Grades Place Distance
Claymont Elementary School Brandywine School District K–5 Claymont 0.31 mi
Maple Lane Elementary School Brandywine School District K–5 Claymont 0.69 mi
Boothwyn Elementary School Chichester School District K–4 Boothwyn 2.07 mi
Carrcroft Elementary School Brandywine School District K–5 Wilmington 2.22 mi
Forwood Elementary School Brandywine School District K–5 Wilmington 2.26 mi
Lancashire Elementary School Brandywine School District K–5 Wilmington 2.34 mi
Mount Pleasant Elementary School Brandywine School District K–5 Wilmington 2.66 mi
Linwood Elementary School Chichester School District K–4 Linwood 2.73 mi
Marcus Hook Elementary School Chichester School District K–4 Marcus Hook 2.86 mi
Bethel Springs Elementary School Garnet Valley School District K–5 Garnet Valley 3.37 mi
Hanby Elementary School Brandywine School District K–5 Wilmington 3.66 mi
Bush (Charles W.) Pre-School Brandywine School District Preschool Wilmington 3.66 mi
Hilltop Elementary School Chichester School District K–4 Aston 3.79 mi
Lombardy Elementary School Brandywine School District K–5 Wilmington 3.97 mi
Chester Charter Scholars Academy Charter School Chester Charter Scholars Academy Charter School K–12 Chester 4.34 mi
Harlan (David W. ) Elementary School Brandywine School District Preschool–5 Wilmington 4.36 mi
East Side Charter School East Side Charter School K–8 Wilmington 4.58 mi
Pennell Elementary School Penn-Delco School District K–5 Aston 4.7 mi

Public Middle (6 schools)

School District Grades Place Distance
Talley Middle School Brandywine School District 6–8 Wilmington 1.71 mi
Chichester Middle School Chichester School District 5–8 Boothwyn 2.71 mi
Springer Middle School Brandywine School District 6–8 Wilmington 3.92 mi
Chester Charter Scholars Academy Charter School Chester Charter Scholars Academy Charter School K–12 Chester 4.34 mi
duPont (Pierre S.) Middle School Brandywine School District 6–8 Wilmington 4.44 mi
Northley Middle School Penn-Delco School District 6–8 Aston 4.98 mi

Public High (6 schools)

School District Grades Place Distance
Mount Pleasant High School Brandywine School District 9–12 Wilmington 2.9 mi
Chichester Senior High School Chichester School District 9–12 Boothwyn 3 mi
Brandywine High School Brandywine School District 9–12 Wilmington 3.11 mi
Concord High School Brandywine School District 9–12 Wilmington 3.92 mi
Chester Charter Scholars Academy Charter School Chester Charter Scholars Academy Charter School K–12 Chester 4.34 mi
Sun Valley High School Penn-Delco School District 9–12 Aston 4.79 mi

Private (17 schools)

School Grades Place Distance
Wilmington Montessori School Nonsectarian Preschool–8 Wilmington 1.17 mi
St Edmond's Academy Roman Catholic Preschool–8 Wilmington 1.41 mi
Concord Christian Academy Baptist Preschool–12 Wilmington 2.16 mi
Faith Preschool & Child Care Presbyterian Preschool–K Wilmington 2.62 mi
Immaculate Heart Of Mary Roman Catholic Preschool–8 Wilmington 3.21 mi
Kindercare Learning Center Nonsectarian K Upper Chichester 3.69 mi
Program For Rigor And Innovation In Education Nonsectarian 6–8 Wilmington 3.78 mi
Concord Preschool And Childcare Presbyterian Preschool–K Wilmington 3.82 mi
Children's House Montessori Nonsectarian Preschool–K Wilmington 4.01 mi
Kiddie Kampus Learning Center Christian (no specific denomination) K Upper Chichester 4.06 mi
Maranatha Christian Academy Brethren K–6 Wilmington 4.17 mi
Montessori Learning Centre Nonsectarian Preschool–K Wilmington 4.45 mi
St Mary Magdalen School Roman Catholic Preschool–8 Wilmington 4.59 mi
Brandywine Valley Christian Presch Baptist Preschool–K Wilmington 4.78 mi
Astra Zeneca Child Development Center Nonsectarian Preschool–K Wilmington 4.88 mi
Albert Einstein Academy Jewish K–5 Wilmington 4.94 mi
Urban Promise School Other Preschool–6 Wilmington 4.97 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Claymont (19703), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 29
  • Average salary of people in this community: $48,102

Community Summary

  • Population Density (ppl / mile): 3,054
  • Household Size (ppl): 2.54
  • Households w/ Children: 59%

Housing Inventory

  • Owned: 3,097 (46.3%)
  • Rented: 2,950 (44.1%)
  • Vacant: 636 (9.5%)
  • Total: 6,683

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: 15,362
Households: 6,047
Median Age: 35.70

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: 2.7%
  • Some High School: 5.4%
  • High School Graduate: 33.2%
  • Some College: 21.3%
  • Associate Degree: 7.1%
  • Bachelor's Degree: 17.7%
  • Graduate Degree: 12.5%

Income by dollar range

Median Income: $59,823

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: $1,063
  • One Bedroom: $952
  • Two Bedroom: $1,119
  • Three Bedroom: $1,166
  • Four Bedroom: $1,698

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Crown Homes Real Estate , (302) 504-6147

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 12/24/2024.

8 Commonwealth Avenue, Claymont, DE 19703-2012

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.