$319,000
$319,000
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1,800 SqFt
SOLD DATE : 12/18/2024
Key Details
Sold Price $319,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $177
Subdivision None Available
MLS Listing ID DESU2073002
Sold Date 12/18/24
Style A-Frame
Abv Grd Liv Area 1,800
Originating Board BRIGHT
Year Built 2012
Annual Tax Amount $611
Tax Year 2024
Lot Size 0.408 Acres
Acres 0.41
Lot Dimensions 69 x 257
Property Description
GREAT INVESTMENT OPPORTUNITY: Income producing duplex in the heart of Georgetown next to public park and baseball fields. 313A (downstairs) has 2BR/1BA and 313B (upstairs) has 3BR/1BA. Total rent for both units is currently $1950/month and tenants pay all utilities. Downstairs unit recently renovated with upgrades to kitchen, floors, paint, bathroom. Convenient location with extremely low vacancy rate and high capitalization rate. Large lot backs up to Cooper Alley for easy access in or out and plenty of parking. Town code allows multitude of uses for this property with potential for subdivision of lot. Could be an office space or business to just name a few. Adjacent duplex also available.
Multiple offer situation. All offers due by Sunday 11/3 at 12pm.
Location
State DE
County Sussex
Area Georgetown Hundred (31006)
Zoning UB2- TOWN
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Heat Source Electric
Exterior
Exterior Feature Porch(es)
Garage Spaces 20.0
Water Access N
Accessibility None
Porch Porch(es)
Total Parking Spaces 20
Garage N
Building
Foundation Block, Crawl Space
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Indian River
Others
Tax ID 135-15.17-36.00
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Nancye Vermillion • Keller Williams Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "