Felton, DE 19943,2283 BURNITE MILL RD
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Felton, DE 19943,2283 BURNITE MILL RD
Felton, DE 19943,2283 BURNITE MILL RD
Felton, DE 19943,2283 BURNITE MILL RD
Felton, DE 19943,2283 BURNITE MILL RD

$198,000

Est. payment /mo

$219,900

10.0%
Est.Price: ?

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2283 BURNITE MILL RD Felton, DE 19943

3 Beds

2 Baths

1,056 SqFt

SOLD DATE : 02/07/2025

Key Details

Sold Price $198,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,056 sqft

Price per Sqft $187

Subdivision None Available

MLS Listing ID DEKT2034134

Sold Date 02/07/25

Style Ranch/Rambler

Bedrooms 3

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,056

Originating Board BRIGHT

Year Built 1999

Annual Tax Amount $772

Tax Year 2024

Lot Size 0.570 Acres

Acres 0.57

Lot Dimensions 131.99 x 374.06

Property Sub-Type Detached

Property Description

Exceptional Investment Opportunity: Two Rental Units in Felton, DE!

Unlock the potential of this outstanding investment property with tenants in place. This offering includes two income-producing rental units on a spacious lot, perfectly positioned in a sought-after area of Felton.

Property Highlights:
Dual Units: Two separate rental units offering diversified income streams.
Steady Rental Income: Both units are currently tenant-occupied, providing immediate cash flow. Unit 1 is rented at $800/month, and unit 2 rented at $1,500/month.
Prime Location: Nestled in a desirable part of Felton, minutes from local amenities, major highways, and schools.
Generous Lot Size: Plenty of outdoor space with potential for additional improvements or amenities to further boost rental value.
Low-Maintenance Living: Updated systems and minimal upkeep make this a hassle-free investment.

Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a turnkey opportunity, this property offers endless possibilities. With a strong rental history and increasing demand for rental properties in the area, this is your chance to secure a profitable asset in a growing market.

Location

State DE

County Kent

Area Lake Forest (30804)

Zoning AR

Rooms

Main Level Bedrooms 3

Interior

Interior Features Breakfast Area

Hot Water Electric

Heating Other

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Slab

Sewer On Site Septic

Water Well

Architectural Style Ranch/Rambler

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Lake Forest

School District Lake Forest

Others

Senior Community No

Tax ID SM-00-14500-01-3700-000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Tyler L Nicholls • The Parker Group
Bought with Monica G. Leblanc • Diamond State Cooperative LLC
agent

Jan Crowley

License ID: 660313

+1(443) 538-4326

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