About 40 S Governors Ave
Opportunities like this one don't come knocking often! Incredible investment opportunity. This building has three total units. Perhaps you'd like to live in one and rent out the other two! You could just rent out all three! The units consist of an efficiency one bedroom and standard one bedroom on the first floor and the third apartment is a three bedroom on the second floor. Most recently these rented for $1050, $1110, and $1700 respectively. That's $3860 a month for a $250,000 investment! Brand new siding just installed. Current owner is working on filling with new tenants, but they are currently vacant. All metered separately. Huge parking lot behind the building for parking. Close to new family court, Del State facilities (formerly Wesley College), and lots of local conveniences. Schedule your showing today!
Features of 40 S Governors Ave
| MLS® # | DEKT2043246 |
|---|---|
| Price | $239,900 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,704 |
| Acres | 0.20 |
| Year Built | 1900 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 40 S Governors Ave |
|---|---|
| Area | Capital |
| Subdivision | DOVER |
| City | DOVER |
| County | KENT-DE |
| State | DE |
| Zip Code | 19904 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | None |
| Fireplace | No |
| Stories | 2 |
| Has Basement | No |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Exterior Features | Sidewalks,Street Lights |
| Lot Description | Level, Rear Yard |
| Roof | Pitched |
| Construction | Vinyl Siding |
| Foundation | Concrete Perimeter |
School Information
| District | CAPITAL |
|---|---|
| High | DOVER |
Additional Information
| Date Listed | December 20th, 2025 |
|---|---|
| Days on Market | 23 |
| Zoning | RG1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Tri-County Realty |
|---|---|
| Contact Info | 3025385899 |