109 E Sewell Street

    FELTON, DE 19943
    • $395,000
    • STATUS: Active Under Contract
    • ON SITE: 48 days
    • ID#: DEKT234516
    Under Contract
    $395,000
    • 0
      BEDS
    • 0.81
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,800
      SQFT
    • $82
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Great 5-unit income producing property in the heart of Felton, DE. Configured as four 2BR/1BA townhomes in the main building that was built in 1975, and a 5th 1BR/1BA unit with a loft that was added on in 1983. The exterior of the building is vinyl siding with as shingle roof. Each unit has a separate entry and off-street parking out front. The rear yard is shared, and there are 6 sheds out back, 2 with electric. The kitchens and baths were updated in the last 10 years and are rent ready - may just need some cosmetic updates. All units are supplied with a refrigerator, range and dishwasher. Heat is electric baseboard and each unit is individually metered. Landlord pays water, sewer and trash. Home is being sold AS-IS. Three units are occupied on month-to-month leases with long-term tenants and the other 2 are owner-occupied.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-01-27T23:50:16.723.
    www.coastline-realty.com/homes/101637809

    109 E Sewell Street FELTON, DE 19943

    • Price: $395,000
    • Status: Active Under Contract
    • ID#: DEKT234516
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.81
    Acres
    4,800
    SQFT
    $82
    $/SQFT
    1975
    Built
    Neighborhood:
    Felton Manor
    County:
    Kent
    Area:
    Lake Forest (30804)
    Elementary School:
    Lake Forest Central
    Middle School:
    W.T. Chipman
    High School:
    Lake Forest
    School District:
    Lake Forest
    Property Description
    Great 5-unit income producing property in the heart of Felton, DE. Configured as four 2BR/1BA townhomes in the main building that was built in 1975, and a 5th 1BR/1BA unit with a loft that was added on in 1983. The exterior of the building is vinyl siding with as shingle roof. Each unit has a separate entry and off-street parking out front. The rear yard is shared, and there are 6 sheds out back, 2 with electric. The kitchens and baths were updated in the last 10 years and are rent ready - may just need some cosmetic updates. All units are supplied with a refrigerator, range and dishwasher. Heat is electric baseboard and each unit is individually metered. Landlord pays water, sewer and trash. Home is being sold AS-IS. Three units are occupied on month-to-month leases with long-term tenants and the other 2 are owner-occupied.
    Exterior Features

    Architectural Style Traditional Construction Materials Vinyl Siding Garage YN No Other Structures Above GradeBelow Grade Parking Types Off Street Pool No Pool Property Condition As-Is Condition Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 4800 Above Grade Unfinished Area 0 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplace YN No Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 4 Units Furnished None

    Property Features

    Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2019 Association YN No Building Name None Available Central Air YN No Cooling Fuel Electric Cross Street Church St Electric Average Monthly 350 Electric Last12 Months 4200.00 Existing Lease Type Month To Month Gross Income 46800.00 Heating Fuel Electric Hot Water Electric Insurance Expense 2200.00 Maintenance Expense 4000.00 Navigable Water YN N Net Operating Income 32220.00 New Construction YN No Number Of Units Leased 3 Number Of Units Total 4 Number Of Units Vacant 2 Operating Expense 12240.00 Operating Expense Includes InsuranceSnow RemovalTrash Original MLSNumber 302176371833 Other Expense 4194.00 Owner Pays WaterSewerTrash Collection Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Row/Townhouse Tax Annual Amount 2655.00 Tax Assessment Amount 88900.00 Tax Lot 2800-000 Total Actual Rent 46800.00 Vacation Rental YN No Water Average Monthly 83 Water Last12 Months 1000.08 Water Source Public Zoning Na

    Listing courtesy of Keller Williams Real Estate-Newark.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-01-27T23:50:16.723.
     
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    Dover DE, 19904