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108 S Market Street

FREDERICA, DE 19946
  • $275,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: DEKT2004700
UPDATED: 125 min ago
$275,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,464
    SQFT
  • $112
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1880
County:

School Ratings & Info

School District:

Description

Investor alert - a rare 3-unit apartment building in downtown Frederica. 2 one room and 1 - three bedroom unit. This property has a strong rental history with a rental value of 32,000 plus. Owner pays water and sewer for all units. Tenants pay all remaining utilities. The area of Frederica is transitioning into a highly desirable location for future living and rental opportunities.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Long and Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-01T23:50:08.897.
www.easternshorehomesolutions.com/homes/123519748
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108 S Market Street FREDERICA, DE 19946

  • Price: $275,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 125 min ago
  • ID#: DEKT2004700
0
Beds
0
Baths
0
½ Baths
0.21
Acres
2,464
SQFT
$112
$/SQFT
1880
Built
Neighborhood:
Frederica
County:
Kent
Area:
Lake Forest (30804)
School District:
Lake Forest
Property Description
Investor alert - a rare 3-unit apartment building in downtown Frederica. 2 one room and 1 - three bedroom unit. This property has a strong rental history with a rental value of 32,000 plus. Owner pays water and sewer for all units. Tenants pay all remaining utilities. The area of Frederica is transitioning into a highly desirable location for future living and rental opportunities.
Exterior Features

Architectural Style Other Construction Materials MixedFrame Garage YN No Lot Features Rear Yard Other Structures Above GradeBelow Grade Parking Types Driveway Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2464 Basement Partial Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Wall Unit Fireplace YN No Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Rooms Total 15 Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 0

Property Features

Acceptable Financing ConventionalCashNegotiable Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel Electric Cross Street David St. Existing Lease Type Month To Month Foundation Details Crawl Space Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Original MLSNumber 801198650904 Ownership Interest Fee Simple Possession Other Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 922.00 Tax Assessment Amount 28500.00 Tax Lot 2600-000 Vacation Rental YN No Water Source Public Zoning Na

Listing courtesy of Myers Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Long and Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-01T23:50:08.897.
 
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Long and Foster Real Estate
107 Williamsport Circle
Salisbury MD, 21804