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Danielle Wateridge

danielle.wateridge@gmail.com +1(703) 639-8869

$ 319,000

Est. payment -/mo

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313 MARKET ST Georgetown, DE 19947

1,800 SqFt

UPDATED:

10/31/2024 12:29 AM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $177

Subdivision None Available

MLS Listing ID DESU2073002

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. The upstairs unit has a long term tenant on month to month lease. The downstairs unit has a one year lease expiring Jan. 31st, 2025. 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.
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

Waterfront N

Water Access N

Accessibility None

Porch Porch(es)

Parking Type Driveway

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

Listed by JOHN RISHKO • Patterson-Schwartz-Rehoboth

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