$198,000
$219,900
10.0%For more information regarding the value of a property, please contact us for a free consultation.
2283 BURNITE MILL RD Felton, DE 19943
3 Beds
2 Baths
1,056 SqFt
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Monica G. Leblanc • Diamond State Cooperative LLC
GET MORE INFORMATION