313 E MARKET ST new to site Save Request In-Person Tour Request Virtual Tour
Georgetown,DE 19971
Key Details
Property Type Single Family Home
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 DESU2073088
Style A-Frame
Bedrooms 5
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,800
Originating Board BRIGHT
Year Built 1990
Annual Tax Amount $611
Tax Year 2024
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 69 x 257
Property Description
THIS IS A FANTASTIC OPPORTUNITY TO OWN A MULTI UNIT PROPERTY 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. Extra 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. So much potential! 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 TN
Rooms
Main Level Bedrooms 2
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Fireplace N
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
Lot Description Adjoins - Public Land,Backs - Parkland
Story 2
Foundation Block,Crawl Space
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Level or Stories 2
Additional Building Above Grade,Below Grade
New Construction N
Schools
Elementary Schools Georgetown
Middle Schools Georgetown
High Schools Sussex Central
School District Indian River
Others
Senior Community No
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