109 E Sewell Street

    FELTON, DE 19943
    • $395,000
    • STATUS: Active
    • ON SITE: 20 days
    • ID#: DEKT233708
    UPDATED: 58 min ago
    $395,000
    • 0
      BEDS
    • 0.81
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    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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    ©2019 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: 2019-12-06T10:55:23.933.
    www.helpmerhondarealestate.com/homes/100998030

    109 E Sewell Street FELTON, DE 19943

    • Price: $395,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: DEKT233708
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.81
    Acres
    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

    Construction Materials Vinyl Siding Garage YN No Parking Types Off Street Property Condition As-Is Condition Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 0.00 Cooling Window Unit(S) Exclusions Personal Property Heating Baseboard - Electric Heating YN Yes Inclusions RefrigeratorRange & Dishwasher Supplied For Each Unit (As-Is)6 Sheds (As-Is) Net Square Feet 4800.00

    Property Features

    Accessibility Features None Annual Gross Expense 14580.00 Assessment Year 2019 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel Electric Cross Street Church St Foundation Details Crawl Space Heating Fuel Electric Hot Water Electric Insurance Expense 2200.00 Lease Considered YN No Maintenance Expense 4000.00 Navigable Water YN N Net Operating Income 32220.00 New Construction YN No Number Of Units Total 5 Operating Expense 12734.00 Operating Expense Includes Repair/MaintenanceInsuranceTrashWaterSewer Original MLSNumber 302141835765 Other Expense 2800.00 Owner Pays InsuranceRepairsTrash CollectionWaterSewer Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 2655.0 Tax Assessment Amount 88900.0 Tax Lot 2800-000 Trash Expense 1400.00 Vacation Rental YN No Water Source Public Zoning Na

    Listing courtesy of Keller Williams Real Estate-Newark.


    ©2019 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: 2019-12-06T10:55:23.933.
     
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