$187,000
$225,000
16.9%For more information regarding the value of a property, please contact us for a free consultation.
2,291 SqFt
SOLD DATE : 03/24/2022
Key Details
Sold Price $187,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,291 sqft
Price per Sqft $81
MLS Listing ID DEKT2004760
Sold Date 03/24/22
Style Other
Abv Grd Liv Area 2,291
Originating Board BRIGHT
Year Built 1945
Annual Tax Amount $676
Tax Year 2021
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 36.88 x 55.09
Property Description
This is a commercially zoned 3 unit apartment building in downtown Frederica. All 3 units are 2 bedroom/1bath units. All three are currently rented on a month to month lease with an estimated rental potential of 30K or more per year. Owner pays water and sewer for all units. Tenants pay all remaining utilities. This property is zoned commercial although it is currently used as a residential property. The town of Frederica is transitioning into a desirable location for new business and rental potential.
Location
State DE
County Kent
Area Lake Forest (30804)
Zoning NA
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Wall Unit
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Lake Forest
Others
Tax ID SM-08-14106-03-1600-000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash, Negotiable
Listing Terms Conventional, Cash, Negotiable
Financing Conventional,Cash,Negotiable
Special Listing Condition Standard
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Bought with Eric L Buckson • Myers Realty
43777 Central Station Dr, Suite 390, Ashburn, VA, 20147, United States
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