222 S Washington St - Multi-Family FOR SALE


Millsboro, DE 19966
$550,000 USD
302-236-1230
222 S Washington St, Millsboro, DE for Sale
$550,000 USD
Multi-Family - FOR SALE
1/17
null | Request Cap Rate

222 S Washington St
Millsboro, DE 19966


OVERVIEW

Prime opportunity in the heart of Millsboro. Situated on .68 acres, this 4 bedroom, 3 bath home with 3300+ square foot of living space, and an additional 2 bedroom 2 bath self-contained cottage with approximately 1000 square foot awaits your arrival. The main home has a living room, 4 large bedrooms, (primary with full en-suite,) 3 full baths, (2 upstairs and 1 downstairs,) formal dining room, eat-in kitchen, large walk-in pantry, family and great rooms, library, breakfast room, laundry room, mudroom, 1 gas and 2 wood burning fireplaces, and a large sleeping porch. There is hardwood throughout, two staircases, and a partial below-grade 480 square foot wine cellar. The eat-in kitchen is very large and all the appliances convey. The detached cottage has 2 bedrooms, one upstairs and one downstairs, and 2 full baths; up and down. It also has an eat-in kitchen, a combination living room and dining room, and a rear roll-in ramp. The cottage is currently rented for $900 a month and the current occupant has been there for 2 years. The main house is heated by radiators with a boiler and the cottage is heated by gas heat. Both the main house and cottage are cooled with window units. There is also a 2-car 460 square foot detached garage with plenty of driveway parking. Perfect for a single residence, rental machine, multi-generational residence, Bed & Breakfast, mini hotel or lodge and is town zoned for High Density housing.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$128 USD /SF

# OF UNITS

2

PRICE/UNIT

$275,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

HDR

APN/PARCEL ID

133-17.13-30.00

ASK ABOUT THIS PROPERTY

William LucksWilliam Luck's Professional Group - Powered by KWMore Info
302-236-1230

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William LucksWilliam Luck's Professional Group - Powered by KWMore Info
302-236-1230

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.